Burger King sees key sales down


chicago: Burger King Worldwide Inc says first-quarter comparable sales likely fell more than Wall Street expected, and laid out plans for a revamped leadership team as chief executive Bernardo Hees prepares to become the CEO of H.J. Heinz Co.

The hamburger chain also said it expected adjusted earnings per share to rise to about 17 cents in the first quarter that ended March 31. Analysts, on average, were looking for a profit of 16 cents per share. Reuters

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims
Scientex a refuge for defensive investors

Others Also Read