Burger King's profit climb

Burger King says global sales rose 1.7 per cent at locations open at least a year, with particularly strong results in Asia.

A Burger King sign

Burger King has reported a higher quarterly profit as growth overseas helped lift a sales figure. (AAP)

Burger King has reported a higher quarterly profit as growth overseas helped lift a key sales figure.

The Miami-based chain says global sales rose 1.7 per cent at locations open at least a year, with particularly strong results in Asia.

In North America, where it introduced lower-calorie french fries called Satisfries, the figure edged up 0.2 per cent.

For the quarter ended December 31, Burger King says it earned $US66.8 million ($A74.2 million), or 19 cents per share. That compares with $US48.6 million, or 14 cents per share, a year ago.

Not including one-time items, it said it earned 24 cents per share, above the 23 cents per share Wall Street expected.

The sale of company-owned restaurants to franchisees led to lower revenue $US265.2 million, which was below the $US268.2 million analysts expected.


1 min read

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Source: AAP


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