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BKW

Burger King Worldwide Inc.

6/20/2013, 1:00 AM ET

Quote & Headlines Market Currents StockTalk

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Friday, June 14, 9:22 AM Burger King Worldwide (BKW) wants to take on McDonald's and Yum Brands in South Africa to take advantage of growth opportunities in the region. The restaurant operator will start with 12 new openings next year. Comment! [Consumer]
Thursday, June 13, 9:04 AM A new report on fast-food chains concludes there isn't a differentiator between options as consumers bounce between restaurants. McDonald's (MCD) due to its scale and convenience factor has an advantage over Arby's, Burger King (BKW), Jack in the Box (JACK), Taco Bell (YUM), Wendy's (WEN) and Dairy Queen - but it still lacking the brand loyalty infused by fast-casual chains such as Starbucks and Panera Bread. 1 Comment [Consumer]
Monday, June 10, 2:40 PM Hamburger stocks are making an unlikely run higher after McDonald's shows some solid improvement with sales for May. Investors seem to be betting that the sector as a whole is in slightly better shape based on McDonald's performance and not that Mickey D's took market share from Wendy's (WEN +1.8%), Jack In The Box (JACK +0.9%), Sonic (SONC +1.7%), and Burger King Worldwide (BKW +1.8%) during the month. Comment! [Consumer, On the Move]
Thursday, May 16, 11:14 AM Burger King (BKW -0.8%) plans to introduce a BK Rib Sandwich this summer as well as pulled pork and other BBQ sandwich offerings at selection locations. The move is an obvious attempt to steal some of McDonald's thunder over its celebrated McRib launches, but priced at $3.49 per sandwich it cuts against the grain in an increasingly value-oriented sector. Comment! [Consumer]
Friday, May 3, 11:24 AM More on Taco Bell (previous): The mysterious roll-out of a new "low-end" menu is based on a strategy of offering items at the $1 price point. Execs say the Cravings menu will make sure the restaurant chain is taking care of the value-oriented consumers. QSR sector watch: The focus on the magical $1 mark by Taco Bell (YUM +1.4%) could add a little more pressure to peers such as McDonald's (MCD +0.8%), Wendy's (WEN +2.1%), and Burger King (BKW +2.2%) which have been running down a dual path of competing on value while also trying to entire consumers away from Panera Bread and Chipotle with fresher offerings. Comment! [Consumer]
Monday, April 29, 2:27 PM McDonald's (MCD +1.5%) and Dunkin' Donuts (DNKN +0.4%) are leading a pack of restaurant chains that are extending hours of operation in order to help pump up revenue. In some cases, the plan is pitting some companies against their own franchisees that are somewhat convinced the wee midnight to early breakfast hours aren't unprofitable. Analysts say it depends on the brand. What works for Taco Bell, Denny's, or White Castle might not work for the sector as a whole. 4 Comments [Consumer]
Friday, April 26, 8:11 AM More on Burger King's (BKW) Q1: Cost cuts help the company top bottom line expectations as total operating costs and expenses plunge 54%. A "challenging economic and competitive environment" led to negative comparable store sales growth worldwide (not surprising really, given MCD's results). Comps were -1.4% during the quarter overall, owing to weakness in the U.S., Canada, and Latin America. This, combined with "global refranchising transactions," led to a 42% Y/Y decline in revenues. (PR) Comment! [Earnings]
Friday, April 26, 7:08 AM Burger King (BKW): Q1 EPS of $0.17 beats by $0.01. Revenue of $327.7M (-42.5% Y/Y) beats by $9.03M. (PR) Comment! [Earnings, Breaking News]
Friday, April 26, 12:05 AM Notable earnings before Friday’s open: ABBV, AEP, AON, ARLP, B, BKW, BPO, COV, CVX, DHI, DLR, DTE, FLIR, GDI, GNC, GT, HMSY, IMGN, ITRI, LAZ, LYB, MPW, NOV, SPG, TRP, TYC, VFC, VTR, WETF, WY Comment! [Earnings]
Thursday, April 25, 5:30 PM Notable earnings before Friday’s open: ABBV, AEP, AON, ARLP, B, BKW, BPO, COV, CVX, DHI, DLR, DTE, FLIR, GDI, GNC, GT, HMSY, IMGN, ITRI, LAZ, LYB, MPW, NOV, SPG, TRP, TYC, VFC, VTR, WETF, WY Comment! [Earnings]
Friday, April 12, 9:51 AM Restaurant sales trends improved in March but remain "fragile," according to a new report from Black Box Intelligence. The sector saw a same-store sales increase of 0.5% during the month compared to February’s decline of 5% - while traffic decreased 2% compared to a 4.2% drop in February. Comment! [Consumer]
Thursday, April 11, 10:25 AM Burger King Worldwide (BKW +2.4%) taps Daniel Schwartz to replace outgoing CEO Bernando Hees. The exec has been the CFO at the company since 2010. Comment! [Consumer]
Thursday, April 11, 10:05 AM Burger King (BKW +2.9%) CEO Bernano Hees will leave the company to take the top job at Heinz (HNZ +0.1%). The exec will take the reigns after the takeover of Heinz by Berkshire Hathaway and 3G Capital is complete. 1 Comment [Consumer]
Wednesday, April 10, 2:17 PM Restaurant visits by parties of adults grew by 1% last year to end four consecutive declines in the category but visits with children in tow showed flat growth once again, according to tracking from the NPD Group. A tripping point for the sector has been the lack of growth in visits by parties with kids. What to watch: Analysts see increased promotional activity sneaking in on the industry's margins. 5 Comments [Consumer]
Friday, April 5, 10:40 AM A strike by fast food workers in New York City could have broad implications with the group's lofty goal to see a 107% pay raise up to $15 per hour. What to watch: Though historically the high turnover rate in the QSR industry has kept labor disruptions to a minimum, unions of foodservice workers have strengthened since 2009 and could take a small bite out of the sector's margins. 10 Comments [Consumer]
Monday, April 1, 8:48 AM Sun Capital's Boston Market fast food chain will move into ribs in its biggest new food launch in six years. The big picture: Though the move is another example of the aggressive efforts of the QSR industry to match the fare at the market-stealing Panera and Chipotle chains, analysts continue to question the impact on margins of the wings-ribs-premium burgers menu plays. 3 Comments [Consumer]