Americana Restaurants profit jumps 60% to 814 million riyals

Summary

• Nine-month profit rose 60.4% to 814.4 million riyals, Americana Restaurants disclosed to Tadawul.
• Revenue climbed 12.9% to 7.79 billion riyals on 7% same-store sales growth.
• The rebound follows a consumer boycott that squeezed the chain's regional sales last year.

The latest

Americana Restaurants booked 814.4 million riyals in profit over the first nine months of 2026, a 60.4% increase on the 507.7 million riyals it reported a year earlier, according to its disclosure on Tadawul. Revenue rose 12.9% to 7.79 billion riyals, and the operator closed September with 2,769 restaurants across its markets.

Details

• The headline number: Net profit for the nine months ending September 2026 reached 814.4 million riyals, against 507.7 million riyals in the same period of 2025, according to the company's filing. The 60.4% increase far outpaced the rise in revenue over the same stretch, pointing to margin recovery rather than volume alone.
• The quarter: Third-quarter profit alone jumped 63% to 262.3 million riyals from 160.9 million riyals a year earlier, per the disclosure. The quarterly growth rate ran slightly ahead of the nine-month figure, indicating the earnings recovery did not lose momentum as the year progressed.
• Top line: Revenue for the nine months rose 12.9% to 7.79 billion riyals. The company attributed the gain partly to same-store sales growth of 7%, a measure that strips out new openings and tracks performance at outlets already trading a year earlier.
• Margins: Gross profit margin improved by 218 basis points to 55.9%, according to the filing. That expansion means a larger share of every riyal of sales was retained before operating costs, and explains why profit grew roughly five times faster than revenue.
• The network: Americana ended September 2026 with 2,769 restaurants, a net addition of 112 outlets over twelve months. The net figure accounts for both openings and closures, leaving the underlying number of new launches and shutdowns undisclosed.
• The boycott context: The comparison base is a 2025 period during which consumer boycott campaigns across several Arab markets weighed on international restaurant brands operating in the region. The scale of the current rebound is measured against those depressed figures.
• Disclosure limits: The filing did not break results down by country or by brand, leaving the geographic distribution of the recovery unstated. Nor did the company publish a target for openings in the final quarter of the year.
• The source: The results were reported by Argaam on 27 October 2026, based on the company's statement to the Saudi exchange, Tadawul, where Americana Restaurants is listed.

Background

Americana Restaurants operates franchised international fast-food brands across Gulf and wider Arab markets. Its 2025 results were pressured by regional consumer boycott campaigns targeting Western-linked brands, which cut traffic at many of its outlets and created the lower base against which 2026 growth is now measured.

Between the lines

The gap between 12.9% revenue growth and 60.4% profit growth is the story the headline number hides. With gross margin up 218 basis points and same-store sales up 7%, most of the earnings jump came from existing restaurants trading better, not from the 112 net new openings. That makes the recovery dependent on consumer sentiment holding, rather than on expansion the company directly controls.

What's next

Full-year results will show whether the fourth quarter sustained the 63% pace set in the third, and whether same-store sales growth held above the 7% nine-month rate once the weakest boycott-era comparison bases drop out.

Source: Argaam, Tadawul