Restaurant News Resource - Burger King Restaurant Industry News

Burger King Holdings, Inc. reported results for the third quarter of 2011. System-wide comparable sales grew by 1.6% for the quarter, with international performance driving the positive results. In Latin America comparable sales grew by 10.5% and in Europe, Middle East, Africa and Asia Pacific (EMEA/APAC) by 3.0%. In the U.S. and Canada, comparable sales were relatively flat.

Burger King Corp. announces the launch of a new, premium soft serve dessert menu across the country. From now through Oct. 9, guests who purchase a BK® Value Meal at participating BURGER KING® restaurants nationwide can top off their meal with a sweet treat – a FREE soft serve cone or cup.

The New California WHOPPER® Sandwich and its Toppings Play the Starring Role as the Company Introduces its New 'Food-Centric' Marketing Approach Showcasing Great-Tasting, High-Quality Ingredients

Burger King Holdings, Inc. today reported 2011 second quarter adjusted EBITDA of $150.6 million compared to $117.1 million in the same quarter of 2010, a 29% improvement primarily driven by cost savings following a global restructuring and from the company’s previously disclosed zero-based budgeting (ZBB) program.

Currently 108 franchise-owned restaurants in the country.

The company increased global restaurant count by 50 net new restaurants in the first quarter. As previously disclosed, system-wide comparable sales growth was negative 2.8%, with the U.S. and Canada down 6.0%, EMEA/APAC up 1.7% and Latin America up 4.0%.

New Alignment Reinforces Global Brand and Operations Standards, While Creating Localized Marketing Approach at Regional Level

Burger King Holdings, Inc. (NYSE:BKC) and 3G Capital today announced the completion of the previously announced transaction for an affiliate of 3G Capital to acquire the Company for $24.00 per share in cash, or approximately $4.0 billion in the aggregate, including the assumption of outstanding debt.

Burger King Holdings, Inc. (NYSE: BKC) and 3G Capital today announced that the Federal Trade Commission (FTC) has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, relating to the previously announced acquisition of all outstanding shares of common stock of the Company by affiliates of 3G Capital.

Mr. Hees was most recently Chief Executive Officer of America Latina Logistica (ALL), Latin America's largest railroad and logistics company, since January 2005 and served on its Board of Directors. He had served as Chief Operating Officer since November 2003.