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Burger King

Financing

How does RBI navigate pricing? It’s complicated

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.

Financing

How big Burger King franchisee Carrols plans to combat historic inflation

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.

Tim Hortons’ Canada sales surge, Popeyes declined and Firehouse Subs beat difficult comparisons.

Marketing Bites: Restaurants are boosting their incentives to get customers to fork over their data, Friendly’s wants folks to save room for ice cream, and more marketing news of the week.

The action focuses on the potential dangers of PFAS, a large class of chemicals commonly found in food wraps and containers.

The Bottom Line: There is only so much franchises can do to close their stores in the country. It’s not keeping people from calling for boycotts.

The company has thus far been unable to close its locations in the country. Meanwhile, copycat trademark applications there demonstrate the risk to U.S. brands.

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