Canada's Restaurant Brands Q1 revenue rises, EPS up 15%

Restaurant Brands International

06/05/2026 11:39

Overview

Canadaian quick service restaurant operator's Q1 revenue rose yr/yr, system-wide sales up 6.2%

Adjusted EPS for Q1 grew 14.6% to $0.86

Company resumed share repurchases, plans $500 mln in buybacks for 2026

Outlook

Company expects 2026 segment G&A (excluding RH) between $600 mln and $620 mln

Company sees 2026 RH Adjusted Operating Income at $10 mln to $20 mln

Restaurant Brands International continues to target 8%+ organic Adjusted Operating Income growth through 2028

Result Drivers

INTERNATIONAL GROWTH - Higher system-wide sales and royalty revenues from Burger King and Popeyes restaurants, as well as the resumption of royalty revenues from BK China, drove International segment results

POPEYES SALES DECLINE - Lower system-wide and comparable sales at Popeyes led to a decrease in segment revenues and operating income

Company press release: ID:nCNWVgYW8a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$2.26 bln
Q1 Adjusted EPS
$0.86
Q1 Comparable Sales Growth
3.20%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 17 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)