Americana Restaurants International (AMR) Q1 2026 earnings summary

Executive summary

• Achieved strong Q1 2026 results with double-digit revenue, EBITDA, and net profit growth year-over-year, driven by robust like-for-like sales, disciplined execution, innovation, and operational excellence.

• Expanded restaurant portfolio to 2,741 stores across 12 countries, adding 173 gross new restaurants and 111 net new stores over the last twelve months, including Malak Al Tawouk locations.

• Continued focus on brand innovation, local relevance, and community engagement, including inclusive employment and humanitarian initiatives during Ramadan.

• Board comprises seven non-executive directors, including three independents.

Financial highlights

• Revenue grew 13.3% year-over-year to $649.7 million in Q1 2026, with like-for-like sales up 6.7%.

• EBITDA reached $160.5 million, up 31.9% year-over-year, with margin expanding to 24.7%.

• Net profit surged 93.5% year-over-year to $63.2 million, with net profit margin expanding from 5.7% to 9.7%.

• Capital expenditure was $42.4 million (6.5% of revenues), including investments and M&A activity.

• Shareholders approved $201.6 million in cash dividends, about 92% of 2025 net profit.

Outlook and guidance

• Maintains guidance for mid-single-digit like-for-like revenue growth and 120–130 net new store openings in 2026.

• Expects gross margins to remain broadly in line or slightly better than 2025, with flexibility to adjust based on market conditions.

• Guidance for 50–100 basis points EBITDA margin expansion year-over-year, despite some expected Q2 margin dilution from logistics headwinds.

• Focus on digital leadership, cost efficiencies, and expansion into new categories and brands.

• Results for the quarter are not necessarily indicative of full-year performance due to moderate seasonal fluctuations, particularly around Ramadan and Eid.