Burger King's Profit Down Amid Turnaround Push
date:Nov 01, 2012
ut the impact of newly opened and closed locations.

For the three months ended September 30, net income fell to US$6.6 million, or two cents per share.

That compares with US$38.8 million, or 11 cents per share, last year. Net income excluding one-items totalled 17 cents per share. Analysts expected 15 cents per share, according to FactSet.

Revenue fell 26 per cent to $451.1 million, but was above the $439.7 million Wall Street expected.

Much of the revenue decrease came from Burger King sell
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