Restaurant Brands' Q3 system-wide sales grow 6.9%

Restaurant Brands International

30/10/2025 10:40

Overview

Restaurant Brands Q3 system-wide sales grow 6.9% yr/yr, driven by international markets

Adjusted EPS for Q3 rises 10.7% to $1.03

Comparable sales growth at 4.0%, led by Tim Hortons and international business

Outlook

RBI expects 2025 capital expenditures of around $400 mln

Company maintains 8%+ organic AOI growth target for 2025

RBI projects 3%+ comparable sales growth from 2024 to 2028

Result Drivers

INTERNATIONAL GROWTH - Strong performance in international markets, particularly Burger King, contributed to system-wide sales growth

TIM HORTONS MOMENTUM - Tim Hortons' performance was a major driver, contributing significantly to earnings

FRANCHISEE ALIGNMENT - Enhanced franchisee alignment and disciplined execution supported overall growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$2.44 bln
Q3 Adjusted EPS
$1.03
Q3 Comparable Sales Growth
4%
Q3 Dividend
$0.62


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

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

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

Press Release: ID:nCNWgCYLBa

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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.)