Restaurant Brands International (NYSE:QSR), the parent company of Burger King and Tim Hortons, released its second-quarter earnings with mixed outcomes: earnings per share slightly missed expectations while revenue exceeded forecasts.
The company posted an EPS of $0.94, just under the analyst consensus of $0.97. Meanwhile, revenue rose 15% year-over-year to $2.41 billion, surpassing the anticipated $2.34 billion.
System-wide sales increased 5.3% compared to the same quarter last year, with international markets showing strong growth at 9.8%. Comparable sales advanced 2.4% overall, driven by a 4.1% rise at Burger King International and a 3.6% gain at Tim Hortons Canada.
Josh Kobza, CEO of RBI, commented: “We made great progress in the second quarter advancing our strategic priorities, with improved sales trends and strong execution led by our two largest businesses, Tim Hortons and International.”
For the full year 2025, RBI maintained its outlook. General and administrative expenses for segments excluding the Restaurant Hub (NYSE:RH) are expected to be between $600 million and $620 million. Expenses related to RH are forecasted at approximately $100 million. Consolidated capital expenditures and cash incentives, including RH, are projected between $400 million and $450 million.
Additionally, RBI updated its 2025 adjusted net interest expense estimate to around $520 million.
The company reaffirmed its long-term financial targets through 2028, aiming for average comparable sales growth above 3%, organic adjusted operating income growth over 8%, and a target of 5% or more net restaurant growth by the end of the period.
Restaurant Brands International stock price
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