MIAMI Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
John Chidsey, chairman and chief executive of Burger King, said that while U.S. traffic turned positive in March, continued unemployment remained a challenge in building sales.Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
“The U.S. economy is showing mixed signs of improvement with recent reports on improved retail spending and consumer confidence," he said in a statement Thursday. "However, high levels of unemployment and underemployment will remain our industry’s biggest headwind.”Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King earned $41.0 million, or 30 cents per share, in the third quarter, which ended March 31, down from $47.1 million, or 34 cents a share, in the same period last year. Revenue for the quarter was $596.9 million, down about 1 percent from $599.9 million in the year-ago period.Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Global same-store sales fell 3.7 percent in the third quarter, as a "strong performance" in Australia, Korea, Spain and Turkey was offset by negative results in the United States, Germany and the United King.Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
In North America, same-store sales were down 6.1 percent, with winter weather impacting those sales by 3 percent, Burger King said. Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
“Even though the quarter’s results were negatively impacted by severe U.S. weather conditions in January and February,” Chidsey said, “I am encouraged by our overall performance in March including positive U.S. traffic and sequential quarterly improvement in average check."Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Chidsey said U.S. checks were boosted by positive customer response to the Steakhouse XT line of premium burgers, which Burger King introduced in February as it completed the rollout of its new batch broiler cooking equipment.Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
He said Burger King would continue its "barbell menu strategy" of balancing value items, such as the new $1 BK Breakfast Muffin, with premium menu offerings, including the Fire-Grilled Ribs set to be debut in late May. Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Chidsey said the chain also would introduce "an enhanced breakfast platform" this fall. He offered no details, aside from a previously announced upgrade to Seattle's Best coffee this summer. However, a company representative last week confirmed to Nation's Restaurant News reports that Burger King was testing a "brunch" menu featuring a ciabatta breakfast sandwich and a non-alcoholic mimosa.Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King has 12,115 restaurants, with about two-thirds of them in the United States and Canada.Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Contact Ron Ruggless at [email protected].Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.
Burger King Holdings Inc. reported that third-quarter profit dropped 13 percent as severe winter weather in January and February battered U.S. sales.