Financing
Margins soar at Burger King franchisee Carrols, and so does its stock
The 1,000-unit operator said sales and traffic were better than expected and margins increased by 530 basis points. And its stock took off.
Financing
A third major Burger King franchisee declares bankruptcy
Premier Kings, a 172-unit Alabama and Georgia operator whose owner died in 2022, declared Chapter 11 bankruptcy protection, citing substantial operating losses.