Restaurant Brands (QSR) Reports Q2 Earnings: What Key Metrics Have to Say

Core Insights - Restaurant Brands reported revenue of $2.41 billion for the quarter ended June 2025, reflecting a year-over-year increase of 15.9% and a surprise of +2.91% over the Zacks Consensus Estimate of $2.34 billion [1] - The earnings per share (EPS) for the quarter was $0.94, which is an increase from $0.86 in the same quarter last year, but fell short of the consensus estimate of $0.97, resulting in an EPS surprise of -3.09% [1] Financial Performance Metrics - Comparable Sales for Burger King (BK) globally were reported at 1.3%, slightly below the average estimate of 1.6% [4] - Comparable Sales for Popeyes Louisiana Kitchen (PLK) globally were -1.4%, compared to the average estimate of 0.9% [4] - Comparable Sales for Tim Hortons (TH) globally were 3.4%, exceeding the average estimate of 1.8% [4] - Comparable Sales for International (INTL) were 4.2%, surpassing the average estimate of 3.3% [4] Revenue Breakdown - Franchise and property revenues reached $760 million, exceeding the average estimate of $752.61 million, with a year-over-year change of +1.7% [4] - Advertising revenues and other services totaled $318 million, slightly above the estimated $310.54 million, representing a +4.6% change year-over-year [4] - Firehouse Subs (FHS) revenues were $59 million, compared to the average estimate of $56.33 million, marking an 11.3% year-over-year increase [4] System-wide Sales - System-wide sales for Tim Hortons (TH) were $2 billion, exceeding the average estimate of $1.94 billion, with a +2.9% year-over-year change [4] - System-wide sales for Burger King (BK) were $2.95 billion, slightly above the average estimate of $2.93 billion, reflecting a +0.9% year-over-year change [4] - System-wide sales for Popeyes Louisiana Kitchen (PLK) were $1.58 billion, just below the average estimate of $1.59 billion, with a +1.5% year-over-year change [4] - System-wide sales for Firehouse Subs (FHS) were $336 million, in line with the average estimate of $336.83 million, representing a +6.3% year-over-year change [4] - International revenues were $250 million, exceeding the average estimate of $247.19 million, with a +7.8% year-over-year change [4]