# Restaurant Brands International turnaround

> Live situation record from CLSTR: https://clstr.news/situations/restaurant-brands-international-turnaround
> Updated: 2026-08-06T12:01:15.000Z. Sources: 8. Developments: 2.

In early July, investors reacted to reports that Burger King's revival was lifting restaurant‑sector stocks, prompting a rally in shares of companies owned by Restaurant Brands International (RBI).

By early August, RBI released its second‑quarter 2026 results, confirming the turnaround. Adjusted earnings rose to $1.07 per share on $2.52 billion in revenue, driven by an 8.5 % jump in U.S. same‑store sales at Burger King. The chain overtook Wendy’s as the second‑largest burger brand in the United States, while Tim Hortons showed only modest growth. RBI attributed the gains to restaurant remodels, value‑menu promotions and a focus on core menu items, and announced a new Tim Hortons location in Austin, Texas, slated for early 2027.

## Claims

- Burger King's U.S. same‑store sales grew 8.5 % in Q2 2026. (corroborated by 3 sources)
- Restaurant Brands International reported adjusted earnings of $1.07 per share for Q2 2026, beating expectations of $1.03 per share. (corroborated by 2 sources)
- Tim Hortons' comparable sales grew 0.1 % in Q2 2026. (corroborated by 2 sources)
- RBI's net revenue rose 4.5 % to $2.52 billion in Q2 2026. (corroborated by 2 sources)
- Burger King overtook Wendy's to become the second‑largest U.S. burger chain by sales. (single source)
- Tim Hortons plans to open a new Austin location at 8756 Research Blvd, Suite A, with construction targeted for completion in January 2027. (single source)
- Burger King's U.S. performance helped RBI's net income rise to $507 million, up from $189 million a year earlier. (single source)
- Burger King is owned by Restaurant Brands International, which also owns Tim Hortons and Popeyes. (single source)

## Timeline

### 2026-08-06: Restaurant Brands International posts strong Q2 earnings as Burger King US sales surge

RBI beats Q2 earnings expectations as Burger King US sales jump 8.5%, Tim Hortons stalls, and Burger King becomes the U.S. second‑largest burger chain.

8 sources. https://clstr.news/cluster/restaurant-brands-international-posts-profit-surge-as-tim-hortons-sales-stall

### 2026-07-10: Restaurant Stocks Rally as Burger King Turnaround Boosts Investor Focus

MarketBeat flags McDonald's, Booking, Chipotle, Darden and Yum! Brands as top restaurant stocks, noting Burger King's turnaround draws renewed investor focus.

2 sources. https://clstr.news/cluster/restaurant-stocks-rally-as-burger-king-turnaround-boosts-investor-focus

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Cite as: Restaurant Brands International turnaround. CLSTR, https://clstr.news/situations/restaurant-brands-international-turnaround