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TAB Gida stock in focus after strong nine-month operating update

Published on 11/09/2026 at 01:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
TAB Gida stock follows a nine-month update with TRY 2.5 billion in net profit. The company also opened 151 restaurants and entered China with Usta Donerci.

Growth across restaurants and digital channels

  • TAB Gida reported TRY 2.5 billion in net profit for the first nine months of 2026.
  • System-wide sales rose 41% nominally to TRY 64 billion, while real revenue growth reached 10%.
  • The company opened 151 restaurants and expanded Usta Donerci into China.
TAB Gida stock, TAB Gida, nine-month results, restaurant expansion, Usta Donerci, China, Illustration mit AI erstellt.
TAB Gida stock, TAB Gida, nine-month results, restaurant expansion, Usta Donerci, China, Illustration mit AI erstellt.

TAB Gida reported TRY 2.5 billion in net profit for the first nine months of 2026, according to a Capital report published on October 27. The update highlighted expansion in restaurants, digital ordering and international development.

Sales growth supports expansion plans

System-wide sales increased 41% year over year in nominal terms to TRY 64 billion. Total transactions reached 203 million, while real revenue growth was reported at 10%.

Earnings before interest, taxes, depreciation and amortization reached TRY 10.2 billion, with an EBITDA margin of 20.8%. The company opened 151 restaurants during the nine-month period, adding scale to its franchise-led network.

China entry adds international angle

TAB Gida also took its Usta Donerci brand into China during the third quarter. Management presented the move as part of a broader effort to take brands developed in Turkey into new markets while continuing to improve the performance of its domestic restaurant network.

Digital ordering channels, delivery operations and technology-supported applications remained important operating priorities. Digital channels accounted for 56% of total sales, according to the report.

Business model and competitive setting

TAB Gida operates a multi-brand quick-service restaurant platform based in Turkey. Its portfolio includes Burger King, Arby's, Popeyes, Usta Donerci, Sbarro, Usta Pideci and Subway, supported by franchising, restaurant operations and digital ordering services. The company serves the Turkish market and operates across additional markets including Northern Cyprus, North Macedonia, Georgia and China through its brand network.

TAB Gida at a glance

  • Reporting period: January through September 2026
  • Net profit: TRY 2.5 billion
  • System-wide sales: TRY 64 billion, up 41% nominally year over year
  • EBITDA: TRY 10.2 billion; margin 20.8%
  • Restaurant openings: 151 in the first nine months
  • Digital sales share: 56%

Investors can follow broader Turkish market developments in the Current market reports.

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