Americana Restaurants International (AMR) Q2 2026 earnings summary

Executive summary

• Achieved 12.1% year-over-year revenue growth to $1,364.5 million in H1 2026, driven by strong like-for-like sales, brand momentum, innovation, and new restaurant openings.

• Net profit surged 59.2% to $147.2 million, reflecting margin expansion and disciplined cost management.

• Expanded restaurant portfolio to 2,746 stores, with 108 net new additions and 167 gross openings over the last twelve months.

• Strategic initiatives included a partnership with ADNOC Distribution for access to 200 high-traffic sites, integration and expansion of Malak Al Tawouk, and entry into premium food retail with carpo in Qatar.

• Interim dividend of $100.8 million ($0.012 per share) approved, representing close to 70% of H1 net income.

Financial highlights

• Revenue reached $1,364.5 million, up 12.1% year-over-year, with like-for-like sales growth of 6.3%.

• EBITDA grew 26.7% to $348.2 million, with margin rising to 25.5%.

• Net profit margin expanded by 320 basis points to 10.8% in H1.

• CapEx was $67.2 million (4.9% of revenues), focused on expansion and acquisitions.

• Free cash flow conversion remained strong at 70%, totaling $160 million.

Outlook and guidance

• Targeting mid-single-digit like-for-like revenue growth for the full year 2026.

• Plans for 120–130 net new restaurant openings in 2026, including new brands.

• Expecting further margin expansion in gross profit, EBITDA, and net income versus 2025.

• Focus on digital leadership, loyalty ecosystem, and cost efficiencies through menu optimization and supplier negotiations.

• Category expansion to continue, including launch of MAT in Kuwait and further Arabic category growth.