Burger King's US strength helps Restaurant Brands top quarterly same-store sales estimates

Restaurant Brands reported global comparable sales growth of 3.8% in the quarter ended June 30, above analysts' expectations of about 3.0%, according to data compiled by LSEG.

The company reported quarterly revenue of $2.52 billion, compared with estimates of $2.53 billion. Adjusted diluted earnings rose to $1.07 per share from 94 cents a year ago.

Restaurant Brands International beat overall same-store sales growth expectations for the second quarter, helped by resilient demand at its Burger King chain in the U.S.

Fast-food chains have increasingly leaned on value menus, bundled meal deals and price-focused promotions to attract customers squeezed by persistent inflation and higher living costs amid geopolitical uncertainty.