Restaurant Brands beat profit forecasts thanks to booming Burger King sales, but weakness at Popeyes and Tim Hortons pushed shares down.
Burger King is back — and it's driving big profits for its parent company.
Restaurant Brands International (the company that owns Burger King, Tim Hortons, and Popeyes) reported its latest quarterly results on Thursday. The results were better than expected, thanks mostly to a strong comeback at Burger King in the U.S. and abroad.
Here's how the company did compared to what Wall Street analysts (financial experts who predict company performance) expected:
Burger King also did well overseas, with international same-store sales up 5.4%.
But the company's other brands struggled. Tim Hortons (the Canadian coffee chain) had essentially flat sales, while Popeyes (the fried chicken chain) saw U.S. same-store sales *drop* 5.2%. The company blamed tougher competition and customers becoming more careful about spending.
Because of these weak spots, the company's shares fell more than 1% in morning trading. *Shares are small pieces of ownership in a company; their price rises and falls based on investor confidence.*
The bottom line: Burger King's turnaround is impressive, but investors want to see the other brands improve too. Company leaders say they expect Popeyes to return to growth later this year.
This is an AI-generated summary. Read the original article at: https://www.cnbc.com/2026/08/06/restaurant-brands-international-q2-2026-earnings.html