Operations

Burger King fuels RBI growth

Photo: Burger King

August 6, 2026 by Valerie Gritton

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Restaurant Brands International (RBI), the parent company of Burger King, Tim Hortons, Popeyes and Firehouse Subs, reported strong second-quarter 2026 results, driven largely by Burger King's continued momentum, the company said in a press release.

Burger King posted 6.4% systemwide sales growth and 3.8% comparable sales growth, with Burger King U.S. leading the portfolio of brands at 8.5% U.S. comp sales growth while its international markets posted a 5.5% gain.

RBI CEO Josh Kobza said in the news release that the results reflect the company's continued investment in its brands and its alignment with franchisees, pointing to Burger King's performance as evidence that its "Reclaim the Flame" turnaround strategy is gaining traction. The company said it remains on track to achieve its long-term goal of more than 8% organic adjusted operating income growth in 2026.

"Just as importantly, our results highlight the strength of our diversified portfolio and disciplined operating model. By investing behind each of our brands, while executing consistently against our long-term strategies, we've built a portfolio capable of delivering durable top-line and earnings growth across a variety of consumer environments," Kobza said during the company's Q2 earnings call.

Tim Hortons delivered modest same-store sales growth, while revenue and operating income increased. The growth was largely due to higher supply chain sales and consumer packaged goods performance.

Popeyes was RBI's weakest-performing brand during the quarter, as declining comparable sales weighed on both revenue and operating income.

RBI's international markets remained a growth engine for the company and was driven by higher royalty revenue from its Burger King and Popeyes restaurants and the return of franchise royalty payments from Burger King China following the formation of a joint venture earlier this year.

Q2 highlights include:

Burger King

• Revenue: $397 million, up from $388 million in Q2 2025.
• Systemwide sales: $3.19 billion, up 8.2%.
• Comparable sales: +8.6% globally, including +8.5% in the U.S.
• Adjusted operating income: $137 million, up from $121 million.

Tim Hortons

• Revenue: $1.14 billion, up from $1.08 billion.
• Systemwide sales: $2.0 billion, up 0.4%.
• Comparable sales: +0.1%.
• Adjusted operating income: $287 million, up from $278 million.

Popeyes

• Revenue: $199 million, down from $210 million.
• Systemwide sales: $1.53 billion, down 3.1%.
• Comparable sales: -5.1% globally and -5.2% in the U.S.
• Adjusted operating income: $63 million, down from $66 million.

International

• Revenue: $274 million, up from $250 million.
• Systemwide sales: $5.62 billion, up 10.7%.
• Comparable sales: +5.5%.
• Adjusted operating income: $194 million, up from $172 million.