Americana Restaurants International (AMR) Q4 2025 earnings summary

Executive summary

• Achieved double-digit revenue and EBITDA growth for FY25, with revenues up 14.2% to $2,508.8 million and net profit up 38% to $219.1 million, driven by innovation, marketing, and operational efficiency.

• Expanded footprint with 159 net new stores, including the acquisition of Pizza Hut Oman and exclusive 75-year rights to Malak Al Tawouk across 13 markets.

• Proposed $201.6 million in dividends, representing about 92% of net profit.

• Technology investments included a unified customer data platform, scaling to over 2,700 kiosks, and digital leadership initiatives.

• Operates 2,749 restaurants across 12 countries, managing global and proprietary brands in QSR, fast casual, casual dining, indulgence, and coffee segments.

Financial highlights

• FY25 revenues reached $2.51 billion, up 14.2% year-over-year, with 9.7% like-for-like sales growth.

• EBITDA increased to $595.6 million, up 23.1% year-over-year; net profit reached $219.1 million, up 38%.

• Gross profit margin expanded by 1.3 percentage points; net profit margin improved from 7.2% to 9.0%.

• Q4 revenues grew 13.6% year-over-year to $669 million; Q4 net profit more than doubled to $84 million.

• Free cash flow conversion improved to 58% in FY25 from 35% in FY24.

Outlook and guidance

• 2026 guidance targets mid-single-digit like-for-like sales growth and 120–130 net new store openings, including new brands.

• Double-digit growth expected in EBITDA and net income, with 50–100 basis points margin improvement over 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.

• Continued investment in digital capabilities to enhance customer experience.