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Restaurant Brands Has Gone FAR BEYOND Burger King — International Growth Is Surging!

Restaurant Brands International demonstrated continued momentum in the second quarter of 2026, delivering 3.8% same-store sales growth and 2.9% net restaurant growth, which combined for 6.4% system-wide sales growth. Organic adjusted operating income (AOI) rose 6.7%, while adjusted earnings per share (EPS) increased 12.9% to $1.07, reflecting both operating improvements and a $6 million decrease in adjusted net interest expense. The company generated $501 million in free cash flow during the quarter and returned $435 million to shareholders through dividends and share repurchases, remaining on track for $500 million repurchases for the full year. The net leverage ratio declined to 4.1x, and a recent S&P rating upgrade to BB+ marked progress toward investment-grade credit status, with targets to reach low-to-mid 3x net leverage by 2028. The diversified portfolio showcases mixed brand performances. Burger King was a standout, with U.S. same-store sales growth of 8.