Jefferies raised its forecast for Burger King's US same-store sales growth in Q3 to 6.5% from 5%, reflecting a successful turnaround with steady customer traffic and product improvements. This upgrade surpasses the market consensus of 5.7%, enhancing the outlook for Restaurant Brands International, which owns Burger King, Tim Hortons, and Popeyes. However, Jefferies kept a 'hold' rating on the stock, citing limited scope for immediate earnings upgrades despite improving sales momentum. Popeyes is expected to see a 2% sales decline in Q3, while Tim Hortons is forecasted to grow 1%, with overall adjusted operating income growth targeted at 8%.
Following Jefferies' upgrade on Burger King's US sales growth, Restaurant Brands International shares have gained traction. On Pluang, the stock trades at USD 72.13 with a 1.21% increase as of Oct 15, 2026 02:31 WIB. The company holds a market cap of $24.77 billion and offers a dividend yield of 3.65%, reflecting steady investor interest amid the evolving sales outlook.
