jtemplate.ru - free extensions for joomla
Thursday, 13 February 2014 10:39

Burger King's profit climbs on strength overseas

NEW YORK (AP) - Burger King reported a higher quarterly profit as growth overseas helped lift a key sales figure. The Miami-based chain says global sales rose 1.7 percent at locations open at least a year, with particularly strong results in Asia. In North America, where it introduced lower-calorie french fries called Satisfries, the figure edged up 0.2 percent. For the quarter ended Dec. 31, Burger King says it earned $66.8 million, or 19 cents per share. That compares with $48.6 million, or 14 cents per share, a year ago. Not including one-time items, it said it earned 24 cents per share, above the 23 cents per share Wall Street expected. The sale of company-owned restaurants to franchisees led to lower revenue $265.2 million, which was below the $268.2 million analysts expected.