Burger King Worldwide Inc. said Monday its 83-percent drop in third-quarter net income reflected the company’s transition to a heavier franchised business, not sales softness, as ongoing menu and marketing initiatives continued to drive customer traffic and check averages. RELATED • Burger King agrees to refranchise 42 restaurants to GPS Hospitality • Burger King introduces holiday dessert LTOs • More restaurant industry finance news Steve Wiborg, president of ...
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