Americana Restaurants International Kept at Overweight After Aljazira Capital Notes 'Solid' Q2 Results

03:46 AM EDT, 07/30/2026 (MT Newswires) -- Aljazira Capital maintained its overweight investment view on Americana Restaurants International (ADX:AMR, SASE:6015) after the company's second-quarter results. "Americana delivered a strong Q2-26 performance, driven by healthy revenue growth, sustained LFL momentum and meaningful margin expansion. This margin improvement was aided by procurement efficiencies, a favorable premium menu mix, and operating leverage from robust sales growth, while disciplined cost management and improving Home Delivery channel economics further supported earnings growth. Looking ahead, the net income is likely to grow by double digits in 2026, and gross margins are expected to see improvement," analysts said in a Wednesday note. For the three-month period, the restaurant operator posted a 40.5% yearly increase in its net profit to 315 million riyals, which aligned with Aljazira's estimate of 305 million Saudi riyals but was materially above the 248 million-riyal consensus forecast. Revenue rose 11.1% year over year to 2.68 billion riyals, compared with the research firm's estimate of 2.65 billion riyals. The stock has a price target of 2.45 riyals.