Restaurant Brands Beats Q2 Estimates With $1.07 EPS as Burger King U.S. Sales Jump 8.5%
Updated
Updated · Quartz · Aug 6
Restaurant Brands Beats Q2 Estimates With $1.07 EPS as Burger King U.S. Sales Jump 8.5%
3 articles · Updated · Quartz · Aug 6
Summary
$1.07 in adjusted EPS beat the $1.03 consensus, while revenue rose 4.5% to $2.52 billion as Restaurant Brands got a sharp lift from Burger King.
Burger King U.S. same-store sales climbed 8.5%, up from 1.5% a year earlier, reflecting momentum from the chain's Reclaim the Flame turnaround and higher operating income of $137 million.
Not all brands kept pace: Tim Hortons posted 0.1% comparable-sales growth, and Popeyes' U.S. same-store sales fell 5.2% amid heavy value competition.
Net income attributable to shareholders jumped to $507 million from $189 million, the company returned $435 million to shareholders, and it said it remains on track for 8% organic adjusted operating-income growth in 2026.