Burger King Worldwide (BKW +2.7%) warns that sales in Q1 are trending "modestly negative" as...

|By:, SA News Editor

Burger King Worldwide (BKW +2.7%) warns that sales in Q1 are trending "modestly negative" as rivals in the sector up their promotional game. During a conference call (webcast), execs indicated the company will keep a barbell strategy of offering premium items along with value deals, but will need to focus further on pricing to keep market share.