Canada's Restaurant Brands Q4 revenue rises on Burger King sales

Restaurant Brands International

12/02/2026 11:38

Overview

Canada-based quick service restaurant operator's Q4 revenue grew 5.8% yr/yr

Adjusted EPS for Q4 increased, reflecting brand strengthening efforts

Company returned ~$1.1 bln to shareholders in 2025

Outlook

Company expects 2026 segment G&A expenses between $600 mln and $620 mln

Company projects RH segment G&A for 2026 at approximately $100 mln

Company anticipates 2026 adjusted interest expense between $500 mln and $520 mln

Result Drivers

INTERNATIONAL SALES - Growth in international markets, particularly for Burger King and Popeyes, drove system-wide sales increase

ADVERTISING REVENUE - Increased advertising fund contributions from franchisees boosted revenue

COST MANAGEMENT - Decrease in general and administrative expenses supported adjusted operating income growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$2.47 bln
Q4 Adjusted EPS
$0.96
Q4 Comparable Sales Growth
3.10%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

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

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nCNW32PYPa

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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.)