Restaurant Brands International posts strong Q2 earnings as Burger King US sales surge
Restaurant Brands International (RBI) reported second‑quarter 2026 earnings that beat Wall Street expectations, posting adjusted earnings of $1.07 per share on net revenue of $2.52 billion, up 4.5 %. The turnaround was driven by Burger King, whose U.S. same‑store sales rose 8.5 % and helped lift RBI’s net income to $507 million, compared with $189 million a year earlier. By contrast, Tim Hortons saw flat performance, with comparable sales up only 0.1 % in the quarter.
Burger King’s momentum also reshaped the U.S. burger market: the chain overtook Wendy’s to become the second‑largest burger chain by sales, while McDonald’s maintained its lead. RBI’s growth was supported by restaurant renovations, sharper marketing and a focus on core menu items such as the Whopper. The company also announced a new Tim Hortons location in Austin, Texas, slated for completion in January 2027.
Analysts noted the strong performance, with the chain’s U.S. president highlighting value‑menu deals and ongoing remodels as key factors. RBI continues to own Burger King, Tim Hortons, Popeyes and Firehouse Subs under its parent company.
Entities: Burger King · Josh Kobza · McDonald's · Restaurant Brands International · Tim Hortons · Wendy's
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 2 SOURCES] RBI's net revenue rose 4.5 % to $2.52 billion in Q2 2026. (RBI earnings release)
- [○ 1 SOURCE] Burger King's U.S. performance helped RBI's net income rise to $507 million, up from $189 million a year earlier. (RBI earnings release)
- [○ 1 SOURCE] Burger King overtook Wendy's to become the second‑largest U.S. burger chain by sales. (Industry sales data)
- [● 2 SOURCES] Tim Hortons' comparable sales grew 0.1 % in Q2 2026. (RBI earnings release)
- [● 3 SOURCES] Burger King's U.S. same‑store sales grew 8.5 % in Q2 2026. (RBI earnings release and market data)
- [● 2 SOURCES] Restaurant Brands International reported adjusted earnings of $1.07 per share for Q2 2026, beating expectations of $1.03 per share. (RBI earnings release)
- [○ 1 SOURCE] Burger King is owned by Restaurant Brands International, which also owns Tim Hortons and Popeyes. (Corporate ownership data)
- [○ 1 SOURCE] Tim Hortons plans to open a new Austin location at 8756 Research Blvd, Suite A, with construction targeted for completion in January 2027. (Company filing)