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Burger King 2Q profit up 60%, sales rise on new menu itemsBurger King 2Q profit up 60%, sales rise on new menu items

Executives outline plans for menu expansion, international unit growth

Lisa Jennings, Executive Editor

October 25, 2012

4 Min Read
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Lisa Jennings

Burger King Worldwide Inc. reported Wednesday a nearly 60-percent increase in second-quarter profit, saying turnaround efforts including menu and marketing moves in the U.S. and Canada are taking hold.

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The second-quarter report marks Miami-based Burger King’s first as a newly public company, following its listing earlier this month on the New York Stock Exchange. Private-equity owner 3G Capital Partners Ltd. continues to hold a 71-percent stake in the burger brand, following its market debut, which was accomplished through a reverse merger with a public investment vehicle, Justice Holdings.

For the quarter ...

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About the Author

Lisa Jennings

Executive Editor, Nation's Restaurant News and Restaurant Hospitality

Lisa Jennings is executive editor of Nation’s Restaurant News and Restaurant Hospitality. She joined the NRN staff as West Coast editor in 2004 as a veteran journalist. Before joining NRN, she spent 11 years at The Commercial Appeal, the daily newspaper in Memphis, Tenn., most recently as editor of the Food and Health & Wellness sections. Prior experience includes staff reporting for the Washington Business Journal and United Press International.

Lisa’s areas of expertise include coverage of both large public restaurant chains and small independents, the regulatory and legal landscapes impacting the industry overall, as well as helping operators find solutions to run their business better.

Lisa Jennings’ experience:

Executive editor, NRN (March 2020 to present)

Executive editor, Restaurant Hospitality (January 2018 to present)

Senior editor, NRN (September 2004 to March 2020)

Reporter/editor, The Commercial Appeal (1990-2001)

Reporter, Washington Business Journal (1985-1987)

Contact Lisa Jennings at:

[email protected]

@livetodineout

https://www.linkedin.com/in/lisa-jennings-83202510/

 

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