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Analysts expect Burger King to report growth
August 19, 2008
Forbes: Analysts polled by Thomson Reuters expect Burger King Corp. to report a profit of 34 cents per share and revenue of $634.6 million for the company's fiscal fourth quarter ended Aug. 21, 2008.The company is expected to post growth in its quarterly profit, likely a benefit from consumers' demand for cheap food fast.
Burger King has worked to expand both its breakfast menu and its late-night offerings. Both are key growth areas in the fast food sector.
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