Burger King Serving Up Better Sales Than McDonald’s


Burger King reported a 1.4% increase in third-quarter revenue as the fast-food chain reported higher sales at home and in most markets abroad, results that were far better than what McDonald’s served recently. Here’s what you need to know about the latest earnings report.

What you need to know: Burger King’s results were solid considering the pressure many major household brands are facing as consumer eating habits change in mature markets like the U.S. and Europe. The company’s comparable sales grew 3.6% in the U.S. and Canada, better than the 2.5% growth projected by analysts surveyed by Consensus Metrix. Total comparable sales across all regions climbed 2.4%, matching analysts’ expectations and easily besting the 3.3% decline that McDonald’s reported last month. After that poor report, McDonald’s said it would focus more on food quality and digital payments to help improve its results.

What helped fuel Burger King’s stronger performance…

View original post 201 more words


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s