FAB Keeps Americana Restaurants International at Accumulate Post-Q3 Results

MT Newswires · 3d ago
06:46 AM EDT, 10/30/2026 (MT Newswires) -- FAB Securities maintained its accumulate rating on Americana Restaurants International (ADX:AMR, SASE:6015), with an unchanged price target of 2.70 Emirati dirhams, after its third-quarter report. The restaurant operator reported a net profit attributable to shareholders of $70 million for the three months ended Sept. 30, above FAB's estimate of $67 million, according to a Friday note. The company's revenue of $712.3 million also surpassed the research firm's forecast of $696 million. "Americana raised its FY2026 net profit margin expansion guidance to 150-175 bps over the 2025 base of 8.9%, compared with its previous guidance of 100-150 bps, while reaffirming strong mid-single-digit LFL sales growth, 120-130 net new stores including new brands, and expansion in gross profit margin, EBITDA margin and net profit margin versus 2025," analysts said. "The Company expects 4Q26 profitability to remain broadly in line with 3Q26, while the one-off tax litigation benefits recorded in 4Q25 create a challenging YOY comparison for 4Q26."