Restaurant Brands International (NYSE: QSR) reported strong financial results for the second quarter ending June 30, achieving 3.8% systemwide comparable-sales growth and 6.4% systemwide sales growth. The company generated adjusted earnings per share (EPS) of $1.07, up from $0.94 a year prior, and returned $435 million in capital to shareholders during the quarter. The results were driven primarily by Burger King U.S., which posted an 8.6% increase in comparable sales.
The international operations contributed significantly, with 5.5% comparable-sales growth and a notable performance from Burger King in markets such as Germany and Brazil. Tim Hortons Canada experienced minimal growth at 0.1%, while Popeyes U.S. faced challenges with a 5.2% decline in same-store sales. Overall, Restaurant Brands generated $501 million in free cash flow while maintaining liquidity of approximately $2.3 billion.
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