Restaurant Brands International (QSR) Q2 FY26 earnings call

Earnings call· Jun 2026 (Q2 FY26)· Consumer Discretionary· Aug 6, 2026

Source: earnings call transcript

Restaurant Brands International delivered strong Q2 FY26 results, driven by robust system-wide sales and double-digit adjusted EPS growth. Burger King U.S. was a standout performer, significantly outpacing the industry, while the International segment continued its consistent growth. Despite softer performance at Tim Hortons Canada and Popeyes U.S., management expressed confidence in a H2 turnaround for Popeyes and highlighted strategic initiatives across all brands, including continued investment in remodels and menu elevation.

You’re reading a preview. Opening the full call uses 1 concall credit.

QSR operating KPIs by quarter

QSR operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Dec 2024 Q4 FY24	Mar 2025 Q1 FY25	Change vs prior quarter
Restaurants Popeyes International	<1,500 We've grown the business from roughly 500 international restaurants to nearly 1,500 today and from around $300 million in system-wide sales to nearly $1.3 billion. Source: earnings call transcript	~1,500 We're now at about 1,500 international restaurants. Source: earnings call transcript	—

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.