Americana Restaurants International (AMR) Q4 2025 earnings summary

Executive summary

• Achieved double-digit sales and EBITDA growth, with revenues up 14.2% year-over-year, driven by innovation, marketing, and operational efficiency.

• EBITDA grew 23.1% and net profit rose 38% year-over-year, reflecting strong operating leverage and cost control.

• Expanded footprint with 159 net new stores, including 119 organic openings, Pizza Hut Oman integration, and Malak Al Tawouk acquisition.

• Entered Arabic QSR segment with Malak Al Tawouk acquisition and secured exclusive franchise for Carpo luxury retail.

• Continued investment in technology, launching a unified customer data platform and scaling to over 2,700 kiosks.

Financial highlights

• Revenues reached $2.51 billion, supported by 9.7% like-for-like sales growth.

• EBITDA increased to $595.6 million (+23.1%), with margin improvement to 23.7%.

• Net profit rose to $219.1 million (+38%), with net profit margin up to 9.0%.

• Gross profit margin expanded by 1.3 percentage points; cost of inventory declined to 28.5% of revenue.

• Board proposed dividends of $201.6 million, about 92% of net profit.

Outlook and guidance

• 2026 guidance: mid-single-digit like-for-like sales growth, 120-130 net new store openings, and double-digit EBITDA and net income growth.

• Expect 50-100 basis points improvement in EBITDA and net income margins versus normalized 2025.

• Focus on monetizing digital investments, maximizing ROI from kiosks, apps, and loyalty programs.

• Continued cost efficiencies through menu re-engineering, supplier negotiations, and G&A streamlining.

• Emphasis on digital leadership and expansion into Arabic QSR categories.