Restaurant Brands Beats Q1 EPS Estimates; Tim Hortons Sales Fall

Restaurant Brands International reported Q1 2026 adjusted earnings per share of 86 cents, beating Wall Street expectations of 82 cents. 24 billion forecast by analysts surveyed by LSEG. Restaurant Brands reported Q1 2026 net income attributable to common shareholders of $338 million, or 97 cents per share.

That compared with $159 million, or 49 cents per share, a year earlier. Revenue rose 7% in Q1 2026. 2% in the quarter, driven by strength at Burger King and international operations.

1% growth from Wall Street analysts surveyed by StreetAccount. 4%. 5% growth.

The chain has been renovating restaurants, upgrading Whopper ingredients and offering consistent value items. "There are notable successes in the industry right now, and that includes Burger King, and they're putting up great numbers," Restaurant Brands Chair Patrick Doyle said on the call. 5% growth.

Restaurant Brands CEO Josh Kobza said snowstorms in January and consumers' broader economic concerns weighed on sales for the Canadian coffee chain, although it still outperformed the broader coffee category in Canada. 5% slide forecast by Wall Street. The chain's same-store sales should start growing again by the second half of the year, Kobza told analysts on the conference call.

Shares of Restaurant Brands fell roughly 5% in morning trading after the report. -Israel war with Iran. 644 billion estimated by Wall Street.

The company reported Q1 earnings of 20 cents per share, beating a Street consensus estimate of 2 cents per share. 2 million monthly unique payers, a 4% decrease year-over-year. Excluding the exit of Lottery in Texas, monthly unique payers were up 2% year-over-year.