Item 7.01. Regulation FD Disclosure.




Beginning on May 28, 2020, Restaurant Brands International Inc. intends to share
the following information, or portions thereof, in one or more meetings with
investors and analysts.
Home Market Comparable Sales Update
As of the third full week of May:
  • Tim Hortons Canada comparable sales were trending in negative
    mid-twenties
    up from the negative
    mid-forties
    in the second half of March


  • Burger King US comparable sales were trending in negative
    mid-single
    digits up from the negative
    low-thirties
    in the second half of March


  • Popeyes US comparable sales were trending in positive
    low-forties
     up from flat in the second half of March

Sequential improvement in comparable sales in our home markets has primarily been driven by the continued strength of our safe and convenient drive thrus; the acceleration of our digital platforms, particularly in home delivery; growth in group orders and family bundles as an attractive and affordable dining option; and an overall improvement in guest perception of how our restaurant brands have positively responded to this crisis. For purposes of calculating comparable sales, if a restaurant is closed for a significant portion of a month, the restaurant is excluded from the monthly comparable sales calculation. Restaurant Reopening Update As of the third full week of May:


  • Substantially all of our restaurants in our home markets remain open


     •  In Europe, Middle East and Africa approximately 60% of our restaurants are
        now open


     •  In Asia Pacific more than 85% of our restaurants are now open, including
        98% of restaurants in China up from approximately 50% at the peak of the
        crisis


  • In Latin America, approximately 50% of our restaurants are now open


Many of our restaurants continue to operate with limited services modes,
however, we are in the process of fully reopening restaurants where appropriate
with extensive safety precautions and in accordance with local and government
guidance. We expect to continue our reopening process very carefully and with
guest and team member safety as our top priority.
The information contained in this Item is being furnished and shall not be
deemed "filed" for any purpose, and shall not be deemed incorporated by
reference in any filing under the Securities Act of 1933, as amended, or the
Securities Exchange Act of 1934, as amended, regardless of any general
incorporation language in any such filing.
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