Sunday, November 1, 2009

Burger King Holdings Inc. Reports First Quarter Fiscal 2010 Results

First Quarter Highlights:

Solid development growth across all business segments as net restaurant count increased by 58 with international markets accounting for approximately 80 percent of the increase;
U.S. and Canada company restaurant margin improved 180 basis points to 13.9 percent from 12.1 percent in the same period last year;
Worldwide company restaurant margin improved 40 basis points to 13.0 percent from 12.6 percent in the same period last year;
Worldwide comparable sales were negative 2.9 percent compared to positive 3.6 percent in the same period last year;
Earnings per share were $0.34, including $0.02 per share of negative impact from currency translation, compared to earnings per share of $0.36 and adjusted earnings per share of $0.38 in the same period last year.

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