Item 7.01. Regulation FD Disclosure.
Beginning onMay 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 • InEurope ,Middle East andAfrica approximately 60% of our restaurants are now open • InAsia Pacific more than 85% of our restaurants are now open, including 98% of restaurants inChina 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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