Business · Companies · 11 hrs ago
Tim Hortons sales improve as Restaurant Brands reports higher profit
Restaurant Brands International, which owns Tim Hortons, said its third-quarter profit rose from a year earlier.
The company earned US$542 million in the quarter ended Sept.
30, compared with US$315 million in the same quarter last year.
It said Burger King and Tim Hortons helped drive the increase.
Tim Hortons sales improved as cold drinks such as matcha attracted younger customers.
Across the company, comparable sales rose 3.8%, and system-wide sales reached US$12.97 billion.
These figures show how the performance of the company’s restaurant brands contributed to its higher profit.
Restaurant Brands International Inc. reported higher profit and sales for the third quarter compared with a year earlier.
Net income attributable to common shareholders rose to US$542 million from US$315 million.
Diluted earnings per share increased to US$1.54 from 96 cents.
System-wide sales climbed to US$12.97 billion from US$12.28 billion.
The company said stronger operations at Burger King and Tim Hortons helped lift profit.
- Who
- Restaurant Brands International Inc., owner of Tim Hortons and Burger King.
- What
- It reported higher third-quarter profit and sales than a year earlier.
- When
- The quarter ended Sept. 30; the results were reported Oct. 29, 2026.
- Where
- The company is based in Toronto.
- Why
- The company said strength at its Burger King and Tim Hortons operations helped raise profit.
This story does not have two clearly opposing sides.
Restaurant Brands International’s third quarter came to a close.
The company’s higher third-quarter profit and sales were reported.
- Net income
- US$542 million, up from US$315 million
- Diluted earnings per share
- US$1.54, up from 96 cents
- Adjusted diluted earnings per share
- US$1.10, up from US$1.03
- System-wide sales
- US$12.97 billion, up from US$12.28 billion
- Comparable sales
- Up 3.8 per cent