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Restaurant Brands International inc (QSR) Q2 2021 Earnings Call Transcript
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Restaurant Brands International Inc (QSR) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Restaurant Brands International Inc (NYSE: QSR)
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Operator
Good morning and welcome to the Restaurant Brands International First Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Stephen Lichtner, RBI s Head of Investor Relations. Please go ahead.SPONSORED:
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KFC s special recipe digital vs Burger King s whopper of a transformation challenge
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Audio version
Summary:
A tale of two burger firms - how digital early investment has paid off during the COVID crisis.
(Yum Brands/Pixabay)
The COVID pandemic has hit the hospitality sector hard and Quick Service Restaurants (QSR) - AKA fast food chains - haven’t been immune. That said, leaders in the sector had been engaged in multi-year digital transformation programs - most notably seen at McDonald’s - that positioned them well to service remote consumers as in-store dining collapsed.
While McDonald’s is the bellwether exemplar here, others have enjoyed their own relative successes here. Back in 2018, the biggest crisis KFC faced was when it ran out of chicken. That’s a pretty big problem for a chicken restaurant, of course, but compared to the impact of a global pandemic, it might be regarded rather differently.
Operator
Good morning, and welcome to the Restaurant Brands International Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to Chris Brigleb, please go ahead. Chris Brigleb, RBI s Head of Investor Relations. Please go ahead.
Chris Brigleb
Head of Investor Relations
Thank you, operator. Good morning, everyone, and welcome to Restaurant Brands International s earnings call for the fourth quarter ended December 31, 2020. As a reminder, a live broadcast of this call may be accessed through the Investor Relations web page at investor.rbi.com, and a recording will be available for replay. Joining me on the call today are Restaurant Brands International s CEO, Jose Cil; COO, Josh Kobza; and CFO, Matt Dunnigan.
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