Latest news
Declining sales affect Burger King's net income
Fast food restaurant operator Burger King has reported a 17 per cent drop in net income for the three months ending 30 June after seeing a decline in like-for-like sales.
Global like-for-like sales decreased by 0.7 per cent, compared with the same period in 2009, which was partly due to a 1.5 per cent decrease in sales at its US and Canadian operations. The company also revealed a 2 per cent increase in total operating costs and expenses during the three-month period and said that it expects conditions to remain tough going into the new financial year.
Burger King chair and chief executive officer John Chidsey said: "As we enter fiscal 2011, we anticipate that the challenging consumer environment will continue due to high unemployment and underemployment levels and weak consumer confidence."
Latest news
Work is underway in Madrid on one of Europe’s most significant multi-functional complexes,














































