Why Burger King (BKW) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of Burger King Worldwide Inc.  (BKW) are up 1.34% to $26.44 after the fast food restaurant chain said it's bringing back chicken fries, the breaded and fried chicken strips served in a fry-style box, after consumers took to social media to request the item, Bloomberg reports

Customers complained on Facebook (FB) and Twitter (TWTR) when they were taken off the menu in 2012.

The company has been trying to increase sales by introducing new products as competition among U.S. fast food chains intensifies, Bloomberg noted.

 

TheStreet Ratings team rates BURGER KING WORLDWIDE INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate BURGER KING WORLDWIDE INC (BKW) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

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