date:Oct 29, 2013
lat in October because of stiff competition and a weak economic recovery.
Burger King's net income grew to $68.2 million, or 19 cents per share, from $6.6 million, or 2 cents per share, a year earlier, when it owned and operated hundreds more restaurants.
On an adjusted basis, it earned 23 cents per share, topping the average analyst estimate of 21 cents, according to Thomson Reuters I/B/E/S.
With almost all of its restaurants now franchised, total sales fell about 40 percent to $275.1 millio