Adds comments from conference call, adds shares

By Juveria Tabassum

May 6 (Reuters) - Restaurant Brands International QSR.TO on Wednesday edged past expectations for quarterly overall same-store sales growth and adjusted profit, helped by resilient demand at its Burger King chain.

Fast-food companies in the U.S. have increased value offerings as they try to woo budget-conscious consumers facing higher costs of living.

In January, Restaurant Brands launched a limited-time $4.99 double cheeseburger meal, and has ongoing offers such as $5 and $7 deals since 2024.

Comparable sales at its Burger King U.S. segment grew 5.8%, compared with a 1.1% fall reported in the same three-month period last year. Analysts on average had expected the segment to report comparable sales growth of about 3%.

"Burger King has been the primary focus for U.S. investors and the brand was the bright spot on the quarter," said RBC Capital Markets analyst Logan Reich.

The company has invested over the last few years in remodeling and modernizing its Burger King restaurants.

Taco Bell-parent Yum Brands YUM.N also beat quarterly estimates last week, helped by its value offerings . Industry leader McDonald's MCD.N reports results on Thursday.

Restaurant Brands reported an overall same-store sales rise of 3.2% for the first quarter, compared with estimates of about 3% growth, according to data compiled by LSEG.

TIM HORTONS, BEEF COSTS DRAG SHARES

However, Restaurant Brands' shares were down 4% in early trading as the company reported muted growth at coffee chain Tim Hortons, which makes up about 41% of its operating profit.

Executives on a post-earnings call said weak consumer spending was impacting the industry in Canada.

Overall revenue of $2.26 billion beat estimates.

Higher commodity costs such as that of beef increased the company's supply chain sales to its franchises. Beef was 25% of Restaurant Brands' food basket, and the company expects a mid-single-digit commodities inflation for the year, the executives added.

Restaurant Brands' adjusted earnings per share for the three months ended March 31 were 86 cents, topping estimates of 82 cents.