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.
Burger King net income soars 68.7% in 1Q
Global same-store sales rose 2% during the quarter