HighGravityDataCurrent guidance
25 items
Restaurant Brands International
Guidance from Restaurant Brands International’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Releases tracked
8
Latest release
Aug 6, 2026
Data checked
Aug 6, 2026
What changed in the Aug 6, 2026 release
Each item compared with the same item in the previous release (May 6, 2026). Values in quotation marks are the company’s words.
New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Revised | Organic Adjusted Operating Income growth | for FY2026 | “8%+” | “8%” | Filing ↗ |
| Reiterated | Reclaim the Flame plan investment | for FY2028 | “up to $700 million” | “up to $700 million” | Filing ↗ |
| Reiterated | Comparable Sales (long-term algorithm) | for the long term | “3%+” | “3%+” | Filing ↗ |
| Reiterated | Organic Adjusted Operating Income growth (long-term algorithm) | for the long term | “8%+” | “8%+” | Filing ↗ |
| Reiterated | Adjusted Interest Expense, net | for FY2026 | “between $500 million and $520 million” | “between $500 million and $520 million” | Filing ↗ |
| Reiterated | Consolidated capital expenditures, tenant inducements and incentives (including RH), or "Total Capex and Cash Inducements" | for FY2026 | “around $400 million” | “around $400 million” | Filing ↗ |
| Reiterated | RH AOI | for FY2026 | “approximately $10 to $20 million” | “approximately $10 to $20 million” | Filing ↗ |
| Reiterated | Segment G&A (excluding RH) for 2026 | for FY2026 | “between $600 million and $620 million” | “between $600 million and $620 million” | Filing ↗ |
| Reiterated | Total Capex and Cash Inducements | for FY2026 | “around $400 million” | “around $400 million” | Filing ↗ |
| Reiterated | Net Restaurant Growth | No period stated | “5%+” | “5%+” | Filing ↗ |
Show 5 items not restated in this release
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Not restated | Adjusted Operating Income growth (long-term) | for the long term | “at least as fast as system-wide sales growth” | — | Filing ↗ |
| Not restated | Net Restaurant Growth | for the long term | “5%+” | — | Filing ↗ |
| Not restated | Net Restaurant Growth (long-term algorithm) | for the long term | “5%+” | — | Filing ↗ |
| Not restated | Net Restaurant Growth (long-term) | for the long term | “5%+” | — | Filing ↗ |
| Not restated | System-wide Sales growth (long-term) | for the long term | “8%+” | — | Filing ↗ |
Current guidance
Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.
Current fiscal year
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Organic Adjusted Operating Income growth | “8%” | for FY2026 | Company-defined | May 6, 2026 | 2 | Filing ↗ |
| Adjusted Interest Expense, net | “between $500 million and $520 million” | for FY2026 | Company-defined | Feb 12, 2026 | 3 | Filing ↗ |
| Annual total dividend target | “$2.60 per RBI common share and per partnership exchangeable unit of RBI LP” | for FY2026 | Declared action | Feb 12, 2026 | 1 | Filing ↗ |
| Annual total dividend target per RBI common share and per partnership exchangeable unit of RBI LP | “$2.60” | for FY2026 | Declared action | Feb 12, 2026 | 1 | Filing ↗ |
| Consolidated capital expenditures, tenant inducements and incentives (including RH), or "Total Capex and Cash Inducements" | “around $400 million” | for FY2026 | Company-defined | Feb 12, 2026 | 3 | Filing ↗ |
| Discrete income tax benefit | “approximately $170 million” | for FY2026 | Company-defined | May 6, 2026 | 1 | Filing ↗ |
| Dividend | “$0.65 per common share and partnership exchangeable unit” | for Q3 FY2026 | Declared action | Aug 6, 2026 | 1 | Filing ↗ |
| Dividend per common share and partnership exchangeable unit | “$0.65” | for Q3 FY2026 | Declared action | Aug 6, 2026 | 1 | Filing ↗ |
| RH AOI | “approximately $10 to $20 million” | for FY2026 | Company-defined | May 6, 2026 | 2 | Filing ↗ |
| RH Segment G&A for 2026 | “approximately $100 million” | for FY2026 | Company-defined | Feb 12, 2026 | 1 | Filing ↗ |
| Segment G&A (excluding RH) for 2026 | “between $600 million and $620 million” | for FY2026 | Company-defined | Feb 12, 2026 | 3 | Filing ↗ |
| Share repurchases | “$500 million” | for FY2026 | Declared action | May 6, 2026 | 1 | Filing ↗ |
| Total Capex and Cash Inducements | “around $400 million” | for FY2026 | Company-defined | Feb 12, 2026 | 3 | Filing ↗ |
Next year and medium term
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Burger King modern image goal | “85% to 90%” | for FY2028 | Company-defined | Nov 5, 2024 | 1 | Filing ↗ |
| Burger King Reclaim the Flame investment | “up to $700 million” | for FY2028 | Company-defined | Feb 12, 2025 | 1 | Filing ↗ |
| Reclaim the Flame investment | “up to $700 million” | for FY2028 | Company-defined | Feb 12, 2026 | 1 | Filing ↗ |
| Reclaim the Flame investment (Fuel the Flame and Royal Reset) | “up to $700 million” | for FY2028 | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Reclaim the Flame plan investment | “up to $700 million” | for FY2028 | Company-defined | May 6, 2026 | 2 | Filing ↗ |
| Reclaim the Flame planned investment | “up to $700 million” | for FY2028 | Company-defined | May 8, 2025 | 1 | Filing ↗ |
| Reclaim the Flame total planned investment | “up to $700 million” | for FY2028 | Company-defined | Aug 7, 2025 | 1 | Filing ↗ |
| Royal Reset investments planned | “up to $550 million” | for FY2028 | Company-defined | Feb 12, 2026 | 1 | Filing ↗ |
| Royal Reset planned investments | “up to $550 million” | for FY2028 | Company-defined | Aug 7, 2025 | 1 | Filing ↗ |
Long term
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Comparable Sales (long-term algorithm) | “3%+” | for the long term | Company-defined | Aug 7, 2025 | 4 | Filing ↗ |
| Comparable Sales (long-term) | “3%+” | for the long term | Company-defined | Nov 5, 2024 | 1 | Filing ↗ |
| Adjusted Operating Income growth (long-term) | “at least as fast as system-wide sales growth” | for the long term | Company-defined | Nov 5, 2024 | 1 | Filing ↗ |
| Organic Adjusted Operating Income growth (long-term algorithm) | “8%+” | for the long term | Company-defined | Aug 7, 2025 | 4 | Filing ↗ |
| Net Restaurant Growth | “5%+” | for the long term | Company-defined | May 6, 2026 | 1 | Filing ↗ |
| Net Restaurant Growth (long-term algorithm) | “5%+” | for the long term | Company-defined | Oct 30, 2025 | 1 | Filing ↗ |
| Net Restaurant Growth (long-term) | “5%+” | for the long term | Company-defined | Nov 5, 2024 | 1 | Filing ↗ |
| System-wide Sales growth (long-term) | “8%+” | for the long term | Company-defined | Nov 5, 2024 | 1 | Filing ↗ |
How one item moved
Organic Adjusted Operating Income growth, for FY2026 — every statement across the year, each linked to its filing.
How your Restaurants sector group guides
11 companies in Restaurants. What they guide on, and who reported this season.
Most-guided metric families
This season’s releases
| Darden Restaurants | Sep 24, 2026 | 0 changes |
| Cracker Barrel | Sep 23, 2026 | 7 changes |
| Cava Group | Aug 11, 2026 | 0 changes |
| Brinker International | Aug 10, 2026 | 5 changes |
| Wendy's | Aug 7, 2026 | 0 changes |
| Restaurant Brands International | Aug 6, 2026 | 1 change |
| Dutch Bros | Aug 5, 2026 | 4 changes |
| Chipotle Mexican Grill | Jul 29, 2026 | 2 changes |
Get this for your own peer set — Peer Guidance Briefing, $3,000.
Full history
Every metric, every release, eight quarters — the complete record as one table.
| Metric | FY2028 | FY2026 | FY2025 | FY2024 | Long-term | No period |
|---|---|---|---|---|---|---|
| Comparable Sales | — | — | — | 3 statements | 5 statements | — |
| Adjusted Operating Income growth | — | — | — | 1 statement | 1 statement | — |
| Organic Adjusted Operating Income growth | — | 2 statements | 3 statements | 3 statements | 4 statements | — |
| Adjusted Interest Expense, net | — | 3 statements | 4 statements | 1 statement | — | — |
| Annual total dividend target | — | 1 statement | — | — | — | — |
The full record for Restaurant Brands International and its Restaurants peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.
Filings
The 8 earnings releases this page is built from.
| Filed | Fiscal period | Accession | Guidance items | |
|---|---|---|---|---|
| Aug 6, 2026 | FY2026 Q2 | 0001618756-26-000041 | 14 | Open filing ↗ |
| May 6, 2026 | FY2026 Q1 | 0001618756-26-000025 | 16 | Open filing ↗ |
| Feb 12, 2026 | FY2025 Q4 | 0001618756-26-000006 | 13 | Open filing ↗ |
| Oct 30, 2025 | FY2025 Q3 | 0001618756-25-000297 | 13 | Open filing ↗ |
| Aug 7, 2025 | FY2025 Q2 | 0001618756-25-000289 | 14 | Open filing ↗ |
| May 8, 2025 | FY2025 Q1 | 0001618756-25-000238 | 14 | Open filing ↗ |
| Feb 12, 2025 | FY2024 Q4 | 0001618756-25-000076 | 13 | Open filing ↗ |
| Nov 5, 2024 | FY2024 Q3 | 0001618756-24-000187 | 14 | Open filing ↗ |
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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