Restaurant Brands International reports Q1 profit and revenue up from year ago
Tim Hortons parent company Restaurant Brands International Inc. reported a first-quarter profit attributable to common shareholders of US$338 million, up from US$159 million a year earlier.
The company, which keeps its books in U.S. dollars, says the profit amounted to 97 cents US per diluted share for the quarter ended March 31, up from 49 cents US per diluted share in the same quarter last year.
Revenue for the company, which includes Burger King, Popeyes, and Firehouse Subs, totalled US$2.26 billion, up from US$2.11 billion.
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Overall comparable sales were up 3.2 per cent.
On an adjusted basis, Restaurant Brands says it earned 86 cents US per diluted share in its latest quarter, up from an adjusted profit of 75 cents US per diluted share in the first quarter of 2025.
Analysts on average had expected an adjusted profit of 82 cents US per share, according to LSEG Data & Analytics.
