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Top related persons:
Burger - 3 Tom Curtis - 3 Curtis - 3 Burger King - 3 Josh Kobza - 2 Wendy's - 1 I've - 1 We've - 1
Top related locs:
Burger U.S Burbank , California Burger King's U.S Canada
Top related orgs:
Burger King - 3 Brands - 3 Burger King U.S - 3 CNBC - 3 Restaurant Brands - 3 Carrols - 2 U.S . - 1 Burger King's - 1

Search resuls for: "Burger King U.S"


5 mentions found


☆ Burger King invests another $300 million to remodel restaurants
  + stars: | 2024-04-30 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
The Burger King logo is displayed at a Burger King fast food restaurant on January 17, 2024 in Burbank, California. Burger King will invest another $300 million to remodel about 1,100 of its U.S. restaurants as part of a broader turnaround effort, the chain's parent company said Tuesday. About 100 Burger King locations have been remodeled and updated so far. Still, Burger King has had to chip in its own money to incentivize franchisees to remodel. Burger King will let operators choose how much of a discount they get on the royalties they pay to the company.
Persons: Burger, Tom Curtis, Curtis, Burger King Organizations: Burger King, U.S ., Carrols, Brands, Burger King U.S, CNBC, Restaurant Brands Locations: Burbank , California, Burger, U.S
☆ Burger King owner Restaurant Brands buys chain's largest U.S. franchisee
  + stars: | 2024-01-16 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +3 min
Restaurant Brands International is buying Carrols Restaurant Group , the largest Burger King franchisee in the U.S., for about $1 billion in cash. Restaurant Brands will pay $9.55 per share to acquire Carrols, which operates more than 1,000 Burger King restaurants and 60 Popeyes locations. Burger King sales had been lagging behind the competition, and Wendy's overtook it as the second-largest burger chain by U.S. sales. Restaurant Brands plans to remodel 600 of Carrols' Burger King locations rapidly over the next five years and then sell them back to franchisees, Tom Curtis, president of Burger King U.S. and Canada, said. Correction: Restaurant Brands International currently owns 175 Burger King locations.
Persons: Burger, Wendy's, Tom Curtis, Josh Kobza, I've, Curtis, Burger King Organizations: Brands, Burger King, Restaurant Brands, Burger King's, Burger King U.S, Restaurant, Carrols, CNBC, Burger, CNBC PRO Locations: U.S, Burger King's U.S, Burger, Canada
☆ Burger King parent says U.S. turnaround is already improving profits for franchisees
  + stars: | 2023-06-23 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +4 min
The burger chain in September unveiled the $400 million turnaround plan it crafted with franchisees after several years of disappointing sales. In 2020, Burger King slid to the No. And the gulf between Burger King and its top rival McDonald's has only widened. But Burger King is trying to launch a comeback, with its parent company pouring money into restaurant renovations and advertising. So far this year, two Burger King franchisees have filed for bankruptcy.
Persons: Burger, We've, we've, Josh Kobza, Tim Hortons, Burger King, McDonald's, Tom Curtis, Curtis Organizations: Restaurant Brands, CNBC, Subs, Burger King, Burger King's U.S, Toms King Holdings, Meridian Restaurants, Restaurant Business, Meridian, Burger King U.S, Brands Locations: U.S, Burger
☆ Restaurant Brands earnings beats estimates, fueled by Tim Hortons' and Burger King's strong sales
  + stars: | 2023-05-02 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Restaurant Brands International on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, fueled by double-digit same-store sales growth at Tim Hortons and Burger King. The company's same-store sales grew 10.3% in the quarter, fueled by double-digit growth at Burger King and Tim Hortons. In Canada, its home market, it reported same-store sales growth of 15.5%. Firehouse Subs, the latest addition to Restaurant Brands' portfolio, saw its same-store sales rise 6.1% in the quarter.
☆ Burger King is selling more Whoppers than ever before in early days of its U.S. turnaround
  + stars: | 2023-04-14 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +5 min
Seven months after Burger King unveiled a strategy to revive its U.S. business, the chain is selling more Whoppers than ever before. Burger King also held roundtables for general managers in 45 cities. Additionally, Burger King launched its "You Rule" marketing campaign in the fall. The chain's mascot, the Burger King, is nowhere to be seen in the ads. Two Burger King franchisees have filed for bankruptcy so far in 2023.
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