Burger King (BKC) Sales Fall

Symbols: BKC
Share

The Wall Street Journal reports that Burger King Holdings, Inc. (NYSE: BKC) same-store sales fell 8.2% in the U.S., and Canada during January, and February.

Global same-store sales dropped 5.4% as international sales growth offset some of the problems in North America. Burger King, whose sales have been struggling for some time, said that adverse weather hurt results in the central and eastern U.S. where about three quarters of the domestic restaurants are located. A year earlier, same-store sales for the U.S., and Canada rose 3.1%.

Burger King’s CFO Ben Wells said, “For us weather is a big deal because you don't stroll to a Burger King restaurant. You have to be in an automobile."


 
 
< Previous
eTrade Gets Sued - Is Lohan the Milkaholic? (ETFC)
Next >
Owens-Illinois (OI) May Have Seen Significant Pick Up In February Volumes
Share
Printer-friendly version
Send to friend
We're Loving

Benzinga's Premium Memberships

Benzinga's News Delivered Free

Brain Trust