Just some of these consumers will be less keen to make the leap to the phone. We have other markets as well in Europe that have potential for growth. While we're very encouraged that the Chicken Sandwich was an important driver of sales in the fourth quarter, our other core offerings also performed very well. So we're excited about the prospects, and we're working hard to build our team's capabilities from a development standpoint and working with our partners to ramp up growth over time. Restaurant Brands International has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, October 26th, 2020 based off prior year's report dates.He says there’s a huge new tech trend coming to your hometown – which could make you a small fortune over the next few years. And they also share our sense of urgency, and we look forward to working closely with them throughout the year as we implement our plan in 2020. And I think what we didn't do well in the past -- in the recent past is that we spent too much time trying to create initiatives on the fringes that were not initiatives or limited time offers or innovations that supported the core of our business around coffee, the -- kind of the expanding definition of what coffee is around breakfast and around baked goods. So we don't expect any shifts or changes in the progress we're making on renovating the fleet. We've hired a lot -- a number of strong leaders, Canadians, with expertise in key areas of the business, including marketing, loyalty and rewards, real estate development, restaurant technology as well as communications and a few other areas. We funded the transaction by issuing $750 million of second lien notes due 2028, which priced tightly behind our recent first lien bond issuance at an interest rate of 4.375%. Brands, Inc., based in Louisville, Kentucky, has over 50,000 restaurants in more than 150 countries and territories primarily operating the company’s brands – KFC, Pizza Hut and Taco Bell – global leaders of the chicken, pizza and Mexican-style food categories. In addition, this earnings call includes non-GAAP financial measures. We have a huge size gap or penetration gap versus the market leader in Asia, and we think we have a really compelling offer from a product standpoint to do some important growth there in years to come. At Tims, we're moving this year to integrate technology into our most important touch points with guests.

When the market dropped in Q4 2018, Dylan Jovine recommended 3 small biotech’s and all were taken over fast, delivering average profits of 78%! And after normalizing for the impact of acquisitions, this sales growth has translated into mid- to high single-digit organic EBITDA growth.This year, even despite seeing some softness in our sales at Tim Hortons, we were able to deliver results very much in line with this framework. This growth was driven primarily by an increase in supply chain sales, the biggest drivers of which were shifts in product mix, growth in our retail business and growth in equipment sales. I'd say, the other really big feature that we're going to enable with the new version of rewards is that it's going to become a much more digital program. Can you just talk about that? Our weakness in this area is attributable primarily to the sandwich and wrap category, where our offerings this year did not match strong sales from our crispy chicken wrap in 2018. Our system-wide sales grew over 8% to $34 billion for the full year and nearly 10% to approximately $9 billion in the fourth quarter. The dark blue line represents the company's actual earnings per share. We're shifting from a visits program to a points program, where each purchase occasion earns you points that you can redeem for most of our menu items. So we think long term, there is a lot of room for growth for Popeyes in the U.S. Obviously, internationally, we think there's a tremendous opportunity for growth. And I think some of the exciting things, some of the key features about where we're going to take loyalty are, one, we're going to be able to open up the menu and bring rewards across a number of additional menu items. In parallel, we'll be on air across Canada with TV, digital and other marketing that highlights our leadership in coffee quality in a way that the Canadian public hasn't seen or heard for many years.Taking coffee prep a step further, we also need to respond to changes in consumers' taste preferences over time.

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