RB Global, Inc. (RBA) Earnings Call Transcripts

RB Global, Inc.'s Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Restaurant Brands Asia Limited (RBA:IN) reported a revenue of INR 2,271 crores, reflecting a significant growth trajectory with a 6.3% same-store sales growth (SSSG), the highest in 12 quarters. The company achieved an EBITDA margin of 11.6%, doubling its performance from FY '22. Management highlighted a disciplined approach to driving traffic through value offerings and premium menu items, while also maintaining a focus on digital orders, which now account for 91% of total orders. Forward guidance indicates a commitment to free cash flow neutrality within the next 4 to 6 quarters, despite challenges in the Indonesian market, particularly with the Popeyes brand.

Reported metrics

Guidance from management

Management indicated a commitment to achieving free cash flow neutrality within the next 4 to 6 quarters and plans to provide a revised outlook post-acquisition by Inspira Global.

What management said

We're just waiting for some approvals from the government coming in. I think once those are there, then we will speedily move forward. But I think it's a short -- this thing. So we can't outline when those approvals will come in. But once they come in, we'll move fast ahead, We are all prepared to close this very speedily.

We don't share product mix numbers for competitive reasons. No one really does, but I can assure you that that's something that we are building on. And you will hear a lot from Kapil in the coming months on what he's going to do with that range. We don't specifically share those numbers for competitive reasons.

What analysts pressed on

Analysts expressed concerns regarding the ongoing losses in the Popeyes brand in Indonesia and the need for a clear strategy moving forward. There were also inquiries about the cash flow situation and potential further impairments in Indonesia.

Main topics on the call

• Strong Same-Store Sales Growth — RBA achieved a 6.3% SSSG in Q4 FY '26, marking the highest growth in 12 quarters. Management stated, 'We continue to build volumes... We continue to drive more and more traffic impact.'
• Digital Order Growth — Digital orders now account for 91% of total orders, with a 51% increase in monthly active users in the CRM program. This shift is crucial for controlling cash and enhancing customer engagement.
• Profitability Improvements — The company reported a restaurant-level EBITDA margin of 11.6%, a significant increase from 5% in FY '22. Management noted, 'Our absolute restaurant EBITDA number is more than 5x of FY '22 at INR 264 crores.'
• Challenges in Indonesia — While the Burger King business in Indonesia has turned positive, the Popeyes brand continues to struggle, leading to a negative store EBITDA of IDR 25 billion. Management indicated a need for 'structural changes' in Indo...

Read the full RB Global, Inc. transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 53 RB Global, Inc. earnings call transcripts on record, spanning February 28, 2020 to August 4, 2026. Based on this history, RB Global, Inc. reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

RBA

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Commercial Services and Supplies

Calls on record

53

First call

February 28, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly