<< Read Full Article
<< Read Full Article
Burger King Should Hold Up Well as Restaurants Feel Pinch
Burger King (BKC Quote) just reported that it missed its first quarter EPS estimates by a penny, as net income rose 2% to $50 million, or 36 cents, from $49 million, or 35 cents in the year-ago quarter.
The company is blaming higher commodity, remodeling and acquisition startup costs for the miss. Fortunately prices for beef, cheese and oils have been coming down from the end of the summer, so the commodity effect should dissipate. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,440.29 | 1,108.50 | 2,190.77 | 33.66 |
Oil *
78.26
|
|
DOWN
12.39
|
DOWN
0.74
|
UP
5.74
|
UP
0.43
|
10 Yr
3.37%
SPDR Gold
118.74
|
|
-0.12%
|
-0.07%
|
+0.26%
|
+1.29%
|
Data delayed 20 minutes |
Connect with TheStreet