Restaurant Brands International reported second quarter 2026 revenue in line with expectations at $2.52 billion, while adjusted EPS of $1.07 beat estimates. Consolidated system-wide sales grew 6.4%, driven by strong international performance and a notable acceleration at Burger King U.S.

Key Highlights

  • Burger King U.S. delivered standout comparable sales growth of 8.5%, significantly surpassing analyst expectations of 5.3% as the 'Reclaim the Flame' initiative continues to show positive results.
  • Adjusted EPS rose 12.9% year-over-year to $1.07, beating the consensus estimate of $1.03.
  • Growth was mixed across brands, with Tim Hortons posting nearly flat comparable sales growth of 0.1%, while Popeyes' comparable sales declined 5.1%.