MIAMI Burger King Holdings Inc. posted a 2-percent increase in first quarter profit, a lower-than-expected outcome, as increased costs minimized a 12-percent revenue surge from restaurant openings, late-night hours and new products like the Fresh Apple Fries. For the quarter ended Sept. 30, Burger King earned $50 million, or 36 cents per share, compared with year-earlier earnings of $49 million, or 35 cents per share.Wall Street analysts had, on average, expected the No. 2 burger ...
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Contact: Desiree Torres Desiree.Torres@penton.com