At first blush, Burger King's (NYSE: BKC) fourth-quarter results look downright tasty. The company's earnings of $0.43 per share came in well ahead of analyst estimates of $0.33. The market's reaction to the news was, well, fit for a king. Burger King shares jumped more than 6% on the news.
On second thought When looking deeper into the report, however, Burger King's results didn't quite hit the spot. Sales trends remain dismal. Fourth-quarter sales fell 15.8% versus the year-ago quarter, and global same-store sales decreased 2.4%. Comps in its U.S. and Canadian restaurants were even worse with a decline of 4.5%.
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http://www.fool.com/investing/small-cap/2009/08/27/send-this-restaurant-stock-back.aspx
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