Overview
- On Aug. 6, 2026, Restaurant Brands reported adjusted EPS of $1.07 and revenue of $2.52 billion, lifting net income to $507 million from $189 million a year earlier and beating analyst forecasts.
- Burger King U.S. same-store sales climbed 8.5% on offers such as 2 for $5 and 3 for $7, plus restaurant remodels and heavier marketing that also supported 5.4% international Burger King growth.
- Tim Hortons posted essentially flat comparable sales in Canada at about a 0.1% rise, and it still accounts for roughly 41% of the company's operating income, making its slow growth significant to consolidated results.
- Popeyes U.S. comparable sales declined roughly 5.2%, reflecting tougher competition for value-focused diners and pressure in the fried chicken segment.
- The company warned that rising commodity costs, especially beef which makes up about a quarter of its food basket, create margin risk and could limit how long it can sustain aggressive value promotions.