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Burger King

Operations

Here's where Indiana Jones should have looked for a Whopper

Restaurant Rewind: Here's how a mothballed Burger King was hidden for 13 years.

Leadership

Burger King names Thibault Roux chief digital officer

He will oversee the fast-food chain’s efforts to use digital to create "the best guest experience."

The burger chain is doubling down on its Impossible Foods offerings with a pair of new options, one of which features bacon, which is not a plant.

The former Amazon Web Services and McDonald’s executive will work on strategy and business innovation.

The Bottom Line: Weak sales and rising costs, including delivery fees, have eaten into the profit margins of big operators like GPS Hospitality and Carrols Restaurant Group.

Jose Cil, CEO of the parent company of Burger King, Popeye, Tim Hortons and Firehouse Subs, said during a talk at the National Restaurant Association Show that raising prices is more than a simple math problem.

The company’s labor issues have improved, but food costs have risen 17% over the past year, thanks to high beef costs. It says pricing alone won’t fix the problem.

Despite challenges with omicron, China and Russia’s invasion of the Ukraine, McDonald’s, Burger King, Taco Bell and other brands have seen strong growth in global markets.

The Bottom Line: The different stock price performances between Burger King’s parent company and its largest franchisee provide some lessons for large-scale franchisees.

The Bottom Line: The burger chain says its gap to competitors narrowed last quarter and said digital sales are picking up. But rising costs are still causing financial problems for operators.

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