QSR Beats Q2 EPS, Reaffirms 8% Organic Income Growth Target
QSR sits 21% above its 52-week low of $61.33.
Summary
Restaurant Brands International delivered Q2 adjusted EPS of $1.07, topping the $1.04 consensus, while revenue of $2.52B narrowly missed the $2.53B estimate. System-wide sales rose 6.4% and comparable sales grew 3.8%, signaling solid demand across its brands, with Burger King leading the system-wide sales increase. Management reaffirmed its 2026 target of 8% organic adjusted operating income growth and expects to reach 5%+ net restaurant growth toward the end of its 2024-2028 window. The earnings beat and maintained guidance provide a positive signal on execution, though the slight revenue miss and macro pressures warrant monitoring.
At the time of this announcement, QSR was trading at $74.30 on NYSE in the Trade & Services sector, with a market capitalization of approximately $34B. The 52-week trading range was $61.33 to $81.96. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.