Fourth quarter net income at Burger King Worldwide Inc. nearly doubled, the company reported Friday, on the strength of increased systemwide sales, net unit growth and the cost-cutting transition to a franchised model. For the quarter ended Dec. 31, Miami-based Burger King earned $48.6 million, or 14 cents per share, compared with earnings of $25.0 million, or 7 cents per share, in the same quarter a year earlier. Latest-quarter corporate revenue fell 30.3 percent to $404.5 million as ...
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Contact: Desiree Torres Desiree.Torres@penton.com