10:22 AM EST - Restaurant Brands International Inc. : Reported financial results for the first quarter ended March 31, 2020. For the first quarter of 2020, the decrease in system-wide sales growth was driven by a decrease in comparable sales of (3.7)%, including a decrease in US comparable sales of (6.5)%, partially offset by net restaurant growth of 5.8%. Total Revenue came in at $138 million, compared to $106 million in the prior-year quarter. Adjusted EBITDA registered at $55 million, compared to $41 million in the prior-year quarter. Restaurant Brands International Inc.
shares T.QSR are trading down $0.21 at $67.69.
