# Global fast food company third quarter earnings

> Developing situation record from CLSTR: https://clstr.news/situations/global-fast-food-company-third-quarter-earnings
> Updated: 2026-11-04T18:08:11.000Z. Sources: 3. Developments: 2.

Major restaurant corporations reported varied third quarter financial results. Restaurant Brands International saw net income rise to $542 million, with revenue increasing 3.1% to $2.53 billion. The company reported overall same-store sales growth of 3.8%. While Burger King led with 8.4% same-store sales growth in the U.S. due to menu enhancements and turnaround initiatives, Popeyes experienced a 2.2% decline in U.S. same-store sales, which the company attributed to competitive promotional pricing.

Yum Brands reported adjusted profits of $1.56 per share, exceeding analyst expectations. Total revenue rose 4% to $2.05 billion. KFC saw a 1% increase in same-store sales, whereas Taco Bell experienced a 4% decline in same-store sales following a cyclosporiasis outbreak linked to iceberg lettuce. Despite this, Taco Bell executives noted a rebound in U.S. sales since late September. Yum Brands is also expanding its digital capabilities, including the deployment of its “Byte” technology ecosystem.

Dine Brands also reported mixed third-quarter results. Revenues increased 15.1%, primarily driven by a $36.9 million increase from newly acquired and opened company-owned locations. However, net income fell 35.7% and adjusted EBITDA remained flat. Within its portfolio, Applebee’s saw 0.9% same-store sales growth, while IHOP achieved 0.8% growth, marking seven consecutive quarters of traffic outperformance.

## Timeline

### 2026-11-04: Restaurant Brands and Dine Brands report mixed third-quarter results

Restaurant Brands International and Dine Brands reported divergent third-quarter results, with Burger King showing strong U.S. growth while Dine Brands saw a significant drop in net income despite revenue gains

2 sources. https://clstr.news/cluster/restaurant-brands-and-dine-brands-report-mixed-third-quarter-results

### 2026-10-31: Restaurant Brands International reports mixed third-quarter earnings

Restaurant Brands International saw third-quarter net income rise to $542 million, led by Burger King's U.S. growth, despite declining sales at Popeyes.

2 sources. https://clstr.news/cluster/restaurant-brands-international-reports-mixed-third-quarter-earnings

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Cite as: Global fast food company third quarter earnings. CLSTR, https://clstr.news/situations/global-fast-food-company-third-quarter-earnings
