Restaurant Brands International tops Q1 estimates on Burger King turnaround

Restaurant Brands International beats estimates with stronger Burger King U.S. sales See how international growth and value-focused upgrades offset cost pressures

Restaurant Brands International reported firstquarter results that exceeded Wall Street expectations, helped by stronger performance at Burger King U.S. and solid international sales growth. The company said adjusted earnings came in at 86 cents per share on revenue of $2.26 billion, both slightly above analyst estimates. Net income rose to $338 million from $159 million a year earlier, and samestore sales increased 3.2% overall. Burger King U.S. posted samestore sales growth of 5.8%, reflecting efforts to refresh restaurants, improve ingredients, and lean into value offerings. International sales also remained strong, while Tim Hortons saw more modest growth and Popeyes posted a largerthanexpected decline. The company said higher beef costs and softer consumer sentiment could remain headwinds.