Restaurant Brands International Reports Q3 2026 Growth Driven by Burger King and International Segments
Restaurant Brands International (QSR) delivered a solid third quarter for 2026, reporting total revenues of $2.525 billion and an increase in adjusted diluted earnings per share to $1.10, up 6.9% year-over-year. Growth was primarily fueled by the international segment's 9.0% sales increase and a significant 8.4% surge in Burger King U.S. comparable sales, which outperformed many industry peers. Despite overall gains, the company faced challenges at Popeyes U.S., where comparable sales declined by 2.2% due to less-than-expected results from promotional activities and strategic menu simplifications. Management also noted headwinds from record-high beef inflation and foreign exchange impacts. However, strong performance in China for Burger King and steady growth at Tim Hortons helped balance the portfolio as the company continues its path toward investment-grade leverage.
Tickers: $QSR
Topics: Comparable Sales Earnings Per Share Free Cash Flow Restaurant Expansion Revenue Growth