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Thursday, May 07, 2026

Burgerizzr Net Profit Leaps 202% to $1.52m in Q1 as Saudi Food Sector Expands

Burgerizzr Net Profit Leaps 202% to $1.52m in Q1 as Saudi Food Sector Expands

Shatirah House Restaurant Co., popularly known as Burgerizzr, has reported a significant profit increase in the first quarter of 2026, signaling strong growth within the food sector in Saudi Arabia.
Riyadh: Shatirah House Restaurant Co., commonly referred to as Burgerizzr, announced a substantial rise in net profits for the first quarter of 2026.

The company's profit surged by 201.79 percent, reaching SR5.72 million ($1.52 million), indicating the robust expansion of Saudi Arabia's food sector.In a filing with the stock exchange, Burgerizzr attributed this notable increase to contributions from newly opened branches and higher same-store sales for the brand.

Additionally, the consolidation of revenue from the recently acquired Coffee Bean Trading Co., following its acquisition in the fourth quarter of 2025, played a significant role in boosting profits.The rapid growth observed by Burgerizzr is reflective of broader trends within Saudi Arabia's food service and restaurant industry.

Projections suggest that the Kingdom's food service market will reach $48.6 billion by 2031, with an estimated compound annual growth rate of 8.11 percent from 2026 onwards.Arjun Vir Singh, partner and global head of financial services at Arthur D.

Little, emphasized that these results highlight the transformation brought about by Vision 2030 in shaping Saudi Arabia's food and beverages industry.

The increasing demand, fueled by an expected rise in domestic and international visitors — estimated to reach 150 million by 2030 — is expected to further bolster the restaurant sector.Singh also noted the continued strong demand generated by giga-projects such as Diriyah, the Red Sea, AlUla, and Qiddiya.

The establishment of Riyadh Season has solidified the role of the food industry in tourism and economic development.Moreover, Burgerizzr's total revenues for the first quarter stood at SR104.71 million, representing a 33.5 percent increase compared to the same period in the previous year.Other notable players within the sector are showing growth as well.

Americana Restaurants International, which franchises brands such as KFC, Pizza Hut, and Hardee’s, reported a net profit of SR236.9 million for the first quarter of 2026 — an increase of 94 percent compared to the same period in the previous year.

The company attributes this growth to ongoing menu innovations and restaurant network expansions.Herfy Food Services Co., meanwhile, narrowed its loss from SR18.6 million in the first quarter of the previous year to a loss of SR3.9 million in 2026's first quarter.

This improvement in financial performance underscores the increasingly significant role that technology and data are playing within the industry.Arjun Vir Singh points out that artificial intelligence-powered tools are enhancing operational efficiency by improving unit economics through menu engineering, demand forecasting, dynamic pricing, and personalized customer engagement, allowing operators to enhance margins and stabilize revenues.
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