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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!

Already purchased this? here.