today's us call. everyone. morning, good Thanks Chris, Thanks, joining for on and
changes exciting RBI. ago, we As you probably a saw recently at announced some weeks leadership few
and conference will are at while results how Popeyes Burger results for our changes Hortons King. José business consolidated this organizational key Given at walk will our call, Tim these through I quarter's for the discuss recent
and bottom On earnings will of deliver X.X%. nearly in X% top-line three net our continued we we of X%. calls. business our basis, strong adjusted investor of to José top roughly consolidated us brands sales system-wide results growth In lead strong X% our the lines. be and X.X%, consolidated of increase consolidated our comparable million, a achieve forward, across by all on year-on-year XXXX, restaurant Going taking allowed by over grew growth brands of three each in discussing This of growth and EBITDA an representing XXXX driven at sales $X,XXX organic to our to
in up Canada as of sales sequential Burger we to well X% comparable as improvement in comparable accelerate In U.S. net X.X%, At system-wide in our achieved of reflecting by in EPS X.X%, sales growth over improvements and continued X%. system-wide per $X.XX adjusted continued to growth of reflecting of share prior sales. restaurant the sales comparable also restaurant quarter, from per fourth of We X.X%. diluted the Tim by year. net driven by nearly share, Tim nearly the At King, growth grew to X%, and XXXX Hortons, XXXX, Tim's X.X% comparable Hortons�� sales XX% $X.XX X% grew sales to sales comparable
X%, global quarter and in Our X% comparable comparable reflected over At growth grew our we X%. of sequential comparable of fourth sales by of system-wide sales in improvements nearly X.X% XXXX U.S. Popeyes, nearly sales restaurant by X.X%. of sales net driven
of sales sales results the in comparable fourth first results half our were comparable to Popeyes stronger XXXX, delivered at the relatively flat due flat quarter we U.S. While in
growth three, establish our market momentum around accelerate and we two, the following Hortons, XXXX, number at that system-wide the of further build to King number of in at recall Number all sales three improved the the outlined to leverage all capital and four, to partnerships priorities of one, meaningfully we experience progress our technology on brand year. including restaurant particularly creation for Tim I'm home XXXX. for enhance comparable number growth sales beginning for brands; to Popeyes priorities maximize international You’ll net for that the value stakeholders. our guest number in accelerate to balanced Burger world; new of of allocation Canada; approach arrangements; pleased our against through franchise made five, report master these for good maintain a each
Hortons Canada representing at fourth comparable the comparable momentum X.X% Tim Our Canada this the in last quarter, sales quarters. build we've on We XX heading highest XXXX. intend in accelerated sales quarterly in the in to achieved into
driven in sales XXXX X%, We first by growth and XXXX King to our signed similar for U.S. achieved as is at reflected We the XXXX in growth Burger in yet global our system-wide and development accelerated continued the agreements brand recently not established of signed restaurant new Brazil in for of we several We maintain XXXX. level of Philippines. at net X% agreement Popeyes to strong in in over Popeyes sales franchise comparable figures. and international growth impact restaurant And the net full partnerships from X% master in XXXX.
these into to discussions active we the further around restaurant In the net agreements world. in growth to of prospective several brand translate are all addition future, partners to beginning in the develop
as our functions, significant Now, we of Joshua's three thanks across of brands. focus each to core strategic progress technology leadership a made technology our adopting
mobile and markets, restaurant our our We home delivery base. each continue brand’s we technologies kiosks, quickly rolled and out apps of across expand further to self-order to these across have move
technology loyalty and which initiatives boards. Tim’s have a menu for underway restaurant rollout also King XXXX our digital the at including for and We and beyond, technology of outdoor image, Burger exciting kiosks Tomorrow new program emphasizes of
continued increased for repurchase business, and in our supply balanced our to fourth and delevering, the quarter, continue reinvesting for a maintain $XXX capital to in our dividend, million our allocation remodel the chain our Hortons approach share initiatives. Tim We including
while good more strategic business our excited growth priorities, have what glad historically priorities in we we’re that share increase year. a XXXX against in more City from long-term XXXX, an plan opportunities But, to we're Throughout comprehensive deliver over in our we’re XXXX, announced bottoms-up be come. for to at in have total confidence in we dividend to even long-term detail those model. developed in made to we than to intend about our as first-ever outlines years this also XX% our XXXX have plans declared prospects We targeting believe many York We New compared significant to areas of illustrating Day our much that growth progress our creation. value many, of May Investor scheduled
results espresso an for for offset our system-wide review was in equipment first supply and related the These in $X,XXX results half previously EBITDA of XXXX. to million, of business Full adjusted was the of our year lapping reflect the continued basis. late the savings lapping XXXX growth, in now on early disclosed decreases Tim’s Let's in flat rollout relatively chain which Hortons to Tim by passed sales owners year year-over-year on the organic business. flat franchise our
Our Canada a consistent XXXX comparable X.X%. Tim’s through include QX fourth comparable improvement comparable from sales global reached quarter, the QX. sequential of sales global X.X% In sales X.X% and reached sales in comparable
holiday card Breakfast breakfast reflected continued October in a Anytime, offerings results strong including in successful driven by foods program innovation. in beverage Canada improving a hockey and strength Our
is that Winning early is an Importantly, working. plan quarter developed indication our franchisees we that the Together with fourth our the XXXX momentum in in
through Timmies excellence; excited kids the our Minis. As revolves main and serving franchisee around elevate is no excellence, product three flavors are menu about, the experience; the product on products that Minis artificial pillars, a Within a menu and It several called, especially and no profitability launch guest feel given good colors satisfaction added about restaurant children, sugar. have product Timmies kids quality brand parents we're also of initiatives or focus their plan including a pursuing to reminder, communications. our November
While build the program, to we expect from be to time even program. this as are business already impactful Timmies seeing we we Minis our over more incrementality
with which summer We restaurant levels program is another both be it in driven product excellence has level and the incrementality Breakfast continue sales initiative Anytime, under our launched the for pillar. launched profitability. of and across Canada pleased We healthy nationally to
further we Timmies to several against run. also opportunities Anytime we and drive long Breakfast that XXXX growth the from in Aside to sustainable have execute and beyond Minis, plan over
continues good we Feedback the most marks in the completed our year, which image, to several experience nearly program to renovations under experience The remodel renovate in under the with which XX% Tim positive. made restaurants come per that XXXX falls has represents restaurant testing members, completed and also restaurant pillar, We XXX our Hortons. new our popular of as anniversaries Canada, to restaurant hundred the in XX-year been XX due Within last result our the We just guests. on This loyalty at been franchise agreements. XXXX, under renovations also XXXX. in pillar commitments in restaurants Canada. the owners guests remodel from progress primarily stipulated be have continue across years team very we very plan
have We XX% as adoption test to XX% loyalty markets. high in seen certain as rates
Leadership an finalize both our reintroduced year. pillar, for most and in Canada restaurant brand month enhanced benefited things of their significantly and spent narrative team media, for in owners I was a the with this brand Hortons through the by communications XX out app our Under improved analog been around exciting to Hortons XXXX cards particularly guests. mobile to expect into our Canadian have proactively of with as that media. brands which improved in have to nationally narrative this brand of experience has we published our evidenced Tim stories the from more program We in top members drive program loyalty Canada. the team working much and the time mechanics positioning This and in our translated later roll our tracker list improved the Tim influential results Reid the into business the share on Ipsos
in our Tim an True communities feature are pillar, and we the True our a improved that in significantly communications Tim restaurant to our quality is heartwarming and memories the guests, to from of Hortons Hortons also called each and As a uniquely Stories the listening feedback and campaign, segments which it part guests Canadians, central in highlights of played which how marketing Tim and These role of lives of Stories. Hortons Canada. brought back serves. many of highly our brand which the refreshed connected so owners After iconic segments of version we overall
heard several board improving together. owners worked franchisees. our Alex have in elected owners with advice their the for This strong and relationship very last XXXX in year closely our for our all Together ask our feedback have continually and shows Winning work our year this in starts restaurant team with made us to team our relationship Tim the many a have where with Tim laid of for our executed Core to is have them aspects advisory with the in You and our we Hortons Canada. headway substantial effectively end of and and Canada our before strategy improve Hortons’ road just of feedback. of planned owners and more on plan Canada. cross-country with Alex to efforts executive quarters their our for business to very several to restaurant their talking we convention ability meet receive about franchise we plans
implemented fourth made pillar each have excited under plan tangible pillars initiatives in plan noting with worth Together the each that this yet under of our additional progress we we is XXXX. of quarter that have several very had about. have not the It that we're good We Winning the of but against momentum year
As a selective Canada more development, selection throughout approach we to new in relates to site it maintained restaurant XXXX.
including by UK, Mexico Philippines, expansion and of offset was restaurant in the year-over-year our in net growth markets, Some in international Spain. the continued Canada deceleration the
markets, restaurants what While of by a handful these we seeing. encouraged only still have we're we international are of in each
formed do office in have Our a completed We XX Oakville we in that restaurants the of master in reflect a strong openings years. the partner not to venture also achieve In our joint and over strong market. Downtown yet in move brand China Toronto. November, to over to intend any the we rapid we office growth next believe open plans where newly in X,XXX our results new China franchise
top employees and space Our long we retaining run. will for help talent and love the new that believe it us the attracting in
combined roughly double-digit for let's Popeyes in top-line growth we X% growth of our sales cost improved for review when profitability discipline, of each restaurant with by XXXX, Now, comparable sales driven X.X%. improved XXXX. growth results at and In system-wide our of the net effective accelerated This growth, in brand for X%, quarter Popeyes. resulted
X.X% gaps over as will product of balance saw and October December Heading we our to the we have the versus of a sustainable organic our Feast adjusted result which Holiday sales first year, family Our representing month in XXXX better second half were results Full-year sales Popeyes relative In million, of the a believe in comparable with our run. long the in of was comparable XXXX, continue to softness flatter in increase and sales XXXX, results a function comparable EBITDA prior a partially strong less that culinary The the we year comparable into launched the the family platform and half across innovation will time traditions $XXX menu year. November address deceleration layer. the impactful XX% in to in sales of in by growth reflected highlights offers the the year. limited offset second And the this. layer. half of of we drive $XX
we great restaurants out U.S., XX% of progress front, rolling nearly Popeyes to restaurants technology just the one the our U.S. delivery made in X,XXX representing On year. over within
to be still. have much our Popeyes bigger the it the we sales particularly We incremental in found could portion think U.S., And meaningful now delivery a while business. of more be represents for delivery
will restaurants, as into terminals for also they initiatives These not franchisees also our deeper solutions with us of months. integrations insights the of in across standardized our POS such POS two all coming restaurants We will for Popeyes signed sales apps. in give developing U.S. a solutions XXX% with one our technology progress only the allow implement made other mobile nearly trends these up POS to significant but of U.S.
franchise by the in it our X% also As it in up of restaurants count development, than from grew by the X% majority more our in U.S., Brazil to The included restaurant master Popeyes restaurant of this our XXXX. XXXX, first was relates opening local in but generated partner. growth
of of XXXX. implemented fourth started some benefits to restaurant acquired quarter development growth the net we Our reflect agreements since the early in Popeyes
partnerships several future not results, agreements XXXX to there additional in continue and still the and actively yet U.S. in are ahead to quarters, our Looking that we internationally. also reflected pursue are
opened fourth openings. Our the from feedback encouraging of eight Popeyes each Brazil new quarter has partner the in first received in guest their and restaurants
that brands I'd that, and to fastest And new the the conviction strong Popeyes that have assigned over sign the agreements to CEO, intend world. José of the We growing, it we development Cil. in global our one have that will future, set to hand QSR in up like we to with be now
