Financial

Consolidated revenues were 59.5% lower in US dollars versus the second quarter of 2019. On a constant currency basis, consolidated revenues declined 49.9%.

As of July 29, 2020, there were 885 Chili's and 52 Maggiano's Company-owned restaurants with dining rooms or patios open, representing 84.0% of total Company-owned restaurants. Capacities are limited in accordance with state and local mandates

Total revenues were $161.1 million, a decrease of 47.7%

Total revenues for the 13 weeks ended June 27, 2020 were $7,199,000 versus $44,807,000 for the 13 weeks ended June 29, 2019.

Revenue was $65.7 million compared to $113.1 million in the second quarter of 2019. Comparable restaurant sales decreased 39.0%.

Total revenues of $3.1 million compared to $5.9 million in the second quarter of 2019. Excluding advertising revenues, revenues were $2.5 million, down from $4.8 million in the second quarter of 2019.

Restaurant Brands International Inc. Second Quarter 2020 Revenues

Total restaurant revenue was $368.4 million compared to $365.7 million in the prior year quarter

Both Brands Generated Positive Adjusted EBITDA during Quarter – Company Generated Net Cash Provided by Operations of $24.5 Million during Quarter – Sequential Improvement in Comparable Restaurant Sales Trend Extended through July

Second quarter international comparable sales increase of 5.3%; Excluding temporary closures related to COVID-19, international comparable sales increase of 13.3%