Burger King Q1 2010 Earnings: Discuss Franchises
Burger King Holdings noted that North American company comparable store sales were down less than the franchises, at -2.8% company versus -4.9% for its franchises. This was attributed to a lag in franchisees approving the one dollar double cheeseburger promotion. There are a lot of interesting disussions about franchise issues on this morning's Burger King Q1 2010 earnings call. Some analysts confused whether the full system was on the double cheeseburger promotion. Others wanted to know why it takes so long for franchise sales data to be transmitted to corporate.
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Related Reading:
- Burger King's Profit Slips, Wall Street Journal, ($$)
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About John Gordon
Public Profile
John A. Gordon is Principal and founder of Pacific Management Consulting Group, which provides chain restaurant sales, profitability, earnings and economics research and special analytical projects to those in, or who need to know about the restaurant sector. Among others, we support franchisees and those supporting franchisees.
Gordon has a long background in chain restaurant operations and financial management roles, such as cost analyst, financial analyst, manager of planning and analysis and CFO, and has been consulting since 2000.
He is passionate in providing independent, creative, detailed and useful perspective, with no conflicts of interest. Email him or call (619) 379-5561.
