Restaurant Brands International (QSR) Q2 2025 earnings

Restaurant brands international On Thursday, the decrease in the same store sales for Popeyes was balanced with strong demands in international and Tim Hortons, and reported three -month mixed results.

The company’s shares fell more than 4% in the morning transactions.

Based on LSEG’s Analysts Survey, the company reported for the period of the end of June 30 for the period ending on June 30:

• Earning per share: 94 cents set and 97 cents are expected
• Revenues: Expected $ 2.41 billion and $ 2.32 billion

Restaurant brands reported the second quarter net revenue that can be attributed to shareholders with $ 189 million per share or 57 cents per share from $ 280 million or 88 cents per share.

Except for the purchase of the trading costs Burger King China and except for other costs, the company won 94 cents per share.

Net sales increased by 16% to $ 2.41 billion.

The company’s same store sales, which follow the metropolitan city in open restaurants for at least one year, increased by 2.4% in the quarter.

CEO Josh Kobza, CNBC’ye, restaurant brands in the consumer environment, the company’s three largest brands in the same store decreased compared to the first quarter of “modest development” said.

In this quarter, the restaurant Brands reported that the international restaurants of the same store sales growth is 4.2%.

Tim Hortons, which constitutes more than 40% of the total income of restaurant brands, reported the same store sales increase by 3.4%. In April, the Canadian coffee chain launched a breakfast box with eggs mixed with the actor Ryan Reynolds, which the managers call “great success”.

Burger King reported the same store sales growth 1.3%. The US section, which has been in the return mode for nearly three years, has seen that the same store sales have increased by 1.5%. Burger King’s domestic marketing focused on targeting Whopper and their families with offers such as “How to Train the Dragon” film. Since the return began, more than half of the US restaurants have been renewed; The Burger chain aims to raise 85% of the US footprint by 2028.

“A few years ago we saw the turning point in the Tims in Canada and we are working towards a turning point in Burger King Us,” Restaurant Brand President Patrick Doyle said in a conference meeting. He said.

Popeyes was the Laggard of the portfolio for the last quarter and reported the decrease in 1.4%of the same store sales. However, the results of the fried chicken chain healed compared to the first three months of the year, where the same store sales fell by 4%. Kobza, in the second half of the year to increase sales in Popeyes’ program is a “innovation”, he said. Chain is also trying to improve store operations.

As cattle meat prices increase and consumer preferences move away from red meat, faster peanut chains are leaning against the chicken. McDonald’s He published McCrispy strips and brought back snack windings Yum brands’ Taco Bell launched the crispy chicken ingots.

Increasing competition put pressure on Popeyes-and probably some of his biggest competitors, such as Chick-Fil-A, who did not explain his three-month consequences because it was probably kept specially.

Throughout the year, restaurant brands reiterated their estimation, predicting that they would spend 400 million to 450 million dollars on consolidated capital expenditures, tenant incentives and other incentives. The company also said that it is still expected to reach its long -term algorithm, which reflects an average of 3% of the same store growth and 8% organicly adjusted operating revenue increase between 2024 and 2028.