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Burger King 4Q profit nearly doubles, sales rise

Fourth quarter net income at Burger King Worldwide Inc. nearly doubled, the company reported Friday, on the strength of increased systemwide sales, net unit growth and the cost-cutting transition to a franchised model.

For the quarter ended Dec. 31, Miami-based Burger King earned $48.6 million, or 14 cents per share, compared with earnings of $25.0 million, or 7 cents per share, in the same quarter a year earlier. Latest-quarter corporate revenue fell 30.3 percent to $404.5 mill

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