Burger King net income soars 68.7% in 1Q

Burger King net income soars 68.7% in 1Q

Global same-store sales rose 2% during the quarter

Miami-based Burger King Worldwide once again grew net income more than 50 percent despite a steep drop in revenue resulting from the completion of its global refranchising program. The franchisor of more than 13,000 restaurants worldwide reported first-quarter profit of $60.4 million, or 17 cents per share. Global same-store sales rose 2.0 percent in the March 31-ended period, including a slight uptick in the United States and Canada.

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish