Restaurant Brands beats earnings estimates as Burger King US sales grow 8.5%

Restaurant Brands International beat second-quarter earnings expectations on Thursday, driven by strong Burger King growth, including an 8.5% rise in US same-store sales. Adjusted earnings per share reached $1.07, above analysts' $1.03 estimate, while revenue matched forecasts at $2.52 billion. Net income attributable to shareholders jumped to $507 million from $189 million a year earlier. International Burger King same-store sales grew 5.4%. Tim Hortons' Canadian and overall same-store sales were essentially flat, while Popeyes US sales fell 5.2%. Burger King's turnaround involved renovations, sharper marketing, and focus on core items like the Whopper.