>Burger King Holdings Inc. Reports Second Quarter Fiscal 2010 Results

Share Button

>•Robust development growth across all business segments as net restaurant count increased by 95 restaurants. International segments accounted for over 90 percent of the net restaurant increase compared to the same quarter last year;
•Celebrated the grand opening of the brand’s 12,000th restaurant, located in Beijing;
•Worldwide comparable sales were negative 2.0 percent compared to positive 2.9 percent in the same period last year;
•U.S. and Canada comparable sales were negative 3.3 percent compared to positive 1.9 percent in the same period last year;
•Worldwide company restaurant margin improved 20 basis points to 13.8 percent from 13.6 percent in the same period last year;
•U.S. and Canada company restaurant margin improved 160 basis points to 14.4 percent from 12.8 percent in the same period last year; and
•Earnings per share were $0.37 compared to earnings per share of $0.33 in the same period last year; up 12 percent.

Read more:

About the Author