Burger King (BKC) Sales Fall
March 09, 2010 2:16 PM
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."







