Restaurants operators are hoarding the coins and warning customers to not expect exact change. Cashiers are getting stuck with a math quiz.
Restaurant Brands International Inc. ( QSR ) Q3 2025 Earnings Call October 30, 2025 8:30 AM EDT Company Participants Kendall Peck - Head of Investor Relations Joshua Kobza - Chief Executive Officer Sami Siddiqui - Chief Financial Officer J. Doyle - Executive Chairman Conference Call Participants Dennis Geiger - UBS Investment Bank, Research Division David Palmer - Evercore ISI Institutional Equities, Research Division Danilo Gargiulo - Sanford C.
The headline numbers for Restaurant Brands (QSR) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Restaurant Brands (QSR) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.93 per share a year ago.
Restaurant Brands International's third-quarter profit rose, thanks to strong contributions from Tim Hortons and its international segment.
Restaurant Brands International reported quarterly earnings and revenue that beat analysts' expectations. The company's international segment reported 6.5% same-store sales growth.
Restaurant Brands reported third-quarter comparable sales above estimates on Thursday, helped by resilient traffic at the its restaurant chains Burger King and Tim Hortons.
SoundHound AI's SOUN nationwide rollout of its phone-ordering system at Red Lobster has set a strong precedent for AI adoption in the quick-service industry. The deployment showcases how conversational AI can solve one of restaurants' biggest challenges—handling high call volumes without disrupting in-store service.
Restaurant Brands International remains undervalued, presenting a continued buying opportunity despite inflationary headwinds and increased competition. QSR's strengths include strong consumer loyalty for Burger King, Popeye's international expansion, prudent restaurant management, and robust liquidity. Valuation metrics suggest QSR is trading below historical averages, with technicals indicating renewed buying interest and potential upside.
QSR plans 300 new Popeyes in Mexico over the next 10 years, fueling growth with regional franchise partners.
Shares of Restaurant Brands International have been a relatively poor performer since my last update back in November, falling by around 6%. Comparable sales growth has been soft this year due to deteriorating consumer sentiment, particularly in the United States, though Q2 was much better than Q1. The company's international operations continue to drive overall growth, with the Burger King brand in better health abroad than at home.
El Pollo Loco's traffic and sales are lagging QSR peers, but restaurant-level margins and cost controls are improving above guidance. Menu innovation, marketing tweaks, and a franchised, asset-light expansion—especially outside California—are set to drive growth and resilience. Unit-level economics are strengthening, with new models offering attractive payback periods and IRRs, supporting accelerated store openings in FY 2025-26.