News

Burger King 2Q 2008 comps, revenue up

January 30, 2008

MIAMI — Burger King Holdings Inc. has announced its second-quarter fiscal 2008 results.

Worldwide comparable sales were up 4.5 percent, making this the 16th consecutive quarter of positive comparable-sales growth. In the United States and Canada, comparable sales were up 4.2 percent, the 15th consecutive quarter of positive comparable-sales growth.

The company posted strong second-quarter fiscal 2008 revenues of $613 million, up 10 percent from $559 million in the same quarter last year.

"Our strong worldwide performance across all regions and business drivers confirmed our ability to execute on our multifaceted strategic growth opportunities," said John Chidsey, chief executive officer. "Our top- and bottom-line expansion highlights the continued momentum of our brand. We succeeded in a challenging macroeconomic environment with marketing initiatives that drove increased sales and traffic, robust international restaurant growth and the profitability of our highly franchised business model."