Quarterly ResultMay 6, 2026, 06:42 AM
Restaurant Brands Q1 Revenue $2.26B; EPS $0.97; Sales +6.2%
AI Summary
Restaurant Brands International Inc. reported a strong start to 2026, with consolidated system-wide sales growing 6.2% and comparable sales accelerating to 3.2%. Diluted earnings per share from continuing operations increased significantly to $0.97. The company resumed share repurchases in March and remains on track for 8%+ organic Adjusted Operating Income growth in 2026, despite a decline in Popeyes US comparable sales.
Key Highlights
- Consolidated system-wide sales grew 6.2% year-over-year to $11.51 billion.
- Consolidated comparable sales accelerated to 3.2% in Q1 2026.
- Diluted EPS from continuing operations was $0.97, up from $0.49 in Q1 2025.
- Total Revenues increased to $2,264 million from $2,109 million in Q1 2025.
- Organic Adjusted Operating Income (AOI) grew 10.7%.
- The company repurchased 463,442 common shares for $34 million in Q1 2026.
- Tim Hortons comparable sales increased 1.6%, and International comparable sales increased 5.7%.
- Burger King US comparable sales increased 5.8%, while Popeyes US comparable sales decreased 6.5%.