Quarterly ResultMay 6, 2026, 06:42 AM
Restaurant Brands International Q1 Net Income +99.6% to $445M; EPS $0.97
AI Summary
Restaurant Brands International Inc. reported a strong start to 2026, with net income from continuing operations surging 99.6% to $445 million and diluted EPS reaching $0.97. The company achieved consolidated system-wide sales growth of 6.2% and comparable sales acceleration to 3.2%. RBI resumed share repurchases, declared a Q2 dividend of $0.65 per share, and remains on track for 8%+ organic Adjusted Operating Income growth in 2026, with Tim Hortons and International segments marking their 20th consecutive quarter of positive comparable sales.
Key Highlights
- Net Income from Continuing Operations increased 99.6% to $445 million.
- Diluted Earnings per Share from Continuing Operations rose to $0.97 from $0.49.
- Consolidated system-wide sales grew 6.2% year-over-year, with comparable sales up 3.2%.
- International segment system-wide sales grew 11.1% and comparable sales increased 5.7%.
- Burger King US comparable sales accelerated to 5.8%.
- Repurchased $34 million of common shares in Q1 2026; expects $500 million in 2026.
- Declared a Q2 2026 dividend of $0.65 per common share.
- Reaffirmed 2026 guidance for 8%+ organic Adjusted Operating Income growth.