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Restaurant Brands posts mixed Q3 with Burger King up, Popeyes down in U.S. sales

Company Fundamentals
29 Oct 2026, 13:33 WIB
CNBC
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Neutral
Restaurant Brands posts mixed Q3 with Burger King up, Popeyes down in U.S. sales

Restaurant Brands International reported mixed third-quarter results, with earnings per share slightly beating expectations at $1.10 versus $1.09, but revenue slightly missing at $2.53 billion versus $2.54 billion expected. Burger King led the portfolio with strong U.S. same-store sales growth of 8.4%, driven by a turnaround focused on food and restaurant improvements. However, Popeyes struggled with a 2.2% decline in U.S. same-store sales amid competitive pressure from other chicken chains. Tim Hortons showed modest growth in Canada, and the company's international business grew 3.9%, mainly due to Burger King. The mixed results highlight ongoing challenges and recovery efforts within the brand portfolio.

Restaurant Brands International's stock trades at USD 74.90 on Pluang as of Oct 29, 2026 17:11 WIB, showing a modest 0.52% gain for the day. This price sits closer to the 52-week low of USD 65.69 than the high of USD 81.67, reflecting some market caution despite Burger King's strong U.S. sales growth. The stock offers a dividend yield of 3.49%, which may appeal to income-focused investors amid mixed operational results.

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