Burger King Worldwide Inc
(NYSE: BKW)
-0.09-0.48%Today's Close
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18.62
+0.08
+0.42%
After hours
| Exchange: | NYSE |
| Stock: | Burger King Worldwide Inc |
| Industry: | Restaurants |
| Employees: | 10,870 |
| Burger King Worldwide Inc, formerly Burger King Worldwide, Inc. is a fast food hamburger restaurant, under the Burger Kingbrand. The Company generates revenues from three sources: franchise revenues, consisting primarily of royalties based on a percentage of sales reported by franchise restaurants and fees paid by franchisees, property income from properties that it leases or subleases to franchisees and retail sales at Company restaurants. As of December 31, 2012, it owned or franchised a total of 12,997 restaurants in 86 countries and U.S. territories. Of these restaurants, 418 were Company restaurants and 12,579, or approximately 97% of all Burger King restaurants. In April 2013, it announced the sale of Burger King Restaurants of Canada (BKRC), including 94 Company owned BURGER KING restaurants in the Canada market to Redberry Investments Corp. |
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