Restaurant Brands Asia Ltd (RBA) Q1FY27 Management Mirror - Jun-2026 Qtr
India Gross Margin Reaches 70.8% in Jun'26 Qtr; Long-Term Target Initiated at 72% Over Next 2-3 Years
In the Dec'25 Qtr concall, management noted that the company achieved its 70% gross margin target (originally slated for FY29) more than three years ahead of schedule, reaching 69.9%, and planned to announce a revised long-term plan. In the Mar'26 Qtr concall, Q4 FY26 gross margin was reported at 70.2%. In the Jun'26 Qtr concall, India gross margin improved further to a reported 70.8%. Consequently, management initiated new guidance targeting India gross margin expansion to 72% over the next 2 to 3 years, driven by supply chain localization and primary transport efficiencies.
3 more themes on the ELITE plan.