Restaurant Brands continues to lift sales in fourth quarter

Burger King and Tim Hortons containers
Tim Hortons sales increased 2.7 per cent, and Burger King grew 1.9 per cent. (Source: RBI)

Restaurant Brands International (RBI), parent of Tim Hortons and Burger King, has posted strong sales growth for the fourth quarter, wrapping up another solid year.

The company’s system-wide sales rose 5.8 per cent to $12.1 billion during the quarter ended December 31, with comparable sales up 3.1 per cent and net restaurant growth of 2.9 per cent. This followed a 6.9 per cent increase in the third quarter.

In the US and Canada, Tim Hortons sales increased 2.7 per cent, and Burger King grew 1.9 per cent. Popeyes Louisiana Kitchen sales were down 2.5 per cent, while Firehouse Subs jumped 10.1 per cent. 

The international segment, which includes all brands in other markets, reported a 11.9 per cent uplift in system-wide sales.

The Restaurant Holdings division, comprising Carrols Restaurant Group and Popeyes China, improved sales by 2.5 per cent.

On the bottom line, operating income slid 2.2 per cent to $621 million, and net income from continuing operations decreased 24 per cent to $274 million.

For the full year, system-wide sales improved 5.3 per cent, with compatible sales up 2.4 per cent. Net income from continuing operations was down 16.8 per cent to $1.2 billion.

 “Our performance in 2025 reflects the progress we’ve made in strengthening our brands and our system, driven by consistent execution from our teams and franchisees,” said Josh Kobza, CEO of RBI.

“By staying focused on the fundamentals, we delivered our third consecutive year of roughly 8 per cent organic adjusted operating income growth,” Kobza added.

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