Burger King stood out with 5.8% same-store sales growth in the US, a sharp recovery from a 1.1% decline a year earlier
Restaurant Brands International beat Wall Street expectations in the first quarter, as strong demand at Burger King lifted sales and profits. Meanwhile, Popeyes continued to struggle in the competitive chicken market.
Burger King stood out with 5.8% same-store sales growth in the US, a sharp recovery from a 1.1% decline a year earlier.
Analysts credited value meals, including the $4.99 double cheeseburger deal and ongoing $5 and $7 offers, for attracting budget-conscious diners facing higher living costs.
The brand also fueled online buzz by taking social media jabs at rivals like McDonald’s.
However, Popeyes remained a weak spot for the company. Sales have struggled since mid-2024 as customers sought better-value meals and simpler menus from competitors.
Higher beef prices also pushed supply chain costs higher for Restaurant Brands’ other franchisees.
Overall, the food company posted quarterly revenue of $2.26 billion, while net income more than doubled to $338 million. Despite the strong results, shares fell 5%.