MIAMI Burger King Holdings Inc. blamed a stronger U.S. dollar, which led to unfavorable currency exchange rates, for much of its 10-percent drop in profit during its second quarter. The company also lowered its earnings forecast for the rest of its June-ending fiscal year. The No. 2 burger brand’s top line remained strong, with new store openings and positive same-store sales driving a 3-percent revenue gain to $634 million. Corporate restaurant sales increased 6 percent to $473 ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.