Company Burger King Holdings, Inc.
COMPANY OVERVIEW
Burger King Holdings, Inc., through its subsidiary, Burger King Corporation, franchises and operates fast food hamburger restaurants under the Burger King brand name. The company offers flame-broiled hamburgers, chicken, specialty sandwiches, French fries, soft drinks, and other food items. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company owns or franchises restaurants in the United States and internationally. Burger King Holdings, Inc. was founded in 2002 and is based in Miami, Florida. Burger King Holdings, Inc. operates as a subsidiary of Burger King Capital Holdings, LLC.
5505 Blue Lagoon Drive
Miami, FL 33126
United States
Founded in 2002
35,020 Employees
KEY EXECUTIVES
Compensation as of Fiscal Year 2011.
KEY DEVELOPMENTS FOR BURGER KING HOLDINGS, INC.
Burger King Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2011
11/9/2011
Burger King Holdings, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2011. For the quarter, the company reported total revenues of $608.1 million against $600.0 million for the same period a year ago. Income from operations was $113.5 million against $90.8 million for the same period a year ago. Income before income taxes was $65.5 million against $78.5 million for the same period a year ago. Net income was $48.1 million against $63.4 million for the same period a year ago. Adjusted EBITDA was $161.0 million against $116.0 million for the same period a year ago. EBITDA was $147.0 million against $116.4 for the same period a year ago. Adjusted income before income taxes was $79.3 million against $73.1 million for the same period a year ago. Adjusted net income was $56.5 million against $49.4 million for the same period a year ago. The company reported net income decreased, primarily due to a significant increase in interest expense as a result of the company's debt structure. In addition, the company realized benefits from the sale of its Netherlands entity which positively impacted net income in the prior year. Revenue increased due to comparable sales growth of 1.6% and the opening of 189 net restaurants over the past 12 months, partially offset by the net refranchising of 49 company restaurants over the same period. For the nine months, the company reported total revenues of $1,756.6 million against $1,819.9 million for the same period a year ago. Income from operations was $279.9 million against $252.5 million for the same period a year ago. Income before income taxes was $114.9 million against $216.3 million for the same period a year ago. Net income was $81.4 million against $153.4 million for the same period a year ago. Adjusted EBITDA was $432.2 million against $339.3 million for the same period a year ago. Total net debt as on September 30, 2011 was $2,323.7 million. EBITDA was $381.4 million against $337.4 for the same period a year ago. Adjusted income before income taxes was $184.4 million against $205.1 million for the same period a year ago. Adjusted net income was $123.8 million against $135.9 million for the same period a year ago.
Burger King Holdings, Inc., Q3 2011 Earnings Call, Nov 09, 2011
11/3/2011
Burger King Holdings, Inc., Q3 2011 Earnings Call, Nov 09, 2011
Burger King Holdings, Inc. Announces the Resignation of Peter Harf from the Board, Effective from November 15, 2011
11/1/2011
Burger King Holdings, Inc. announced that Peter Harf, a member of the board of directors of the company intent to resign from the board due to personal reasons, effective from November 15, 2011.
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RECENT PRIVATE COMPANIES TRANSACTIONS
| Type Date | Target |
| Merger/Acquisition April 29, 2011 | Burger King Holdings Inc., Restaurant in Central Örebro |
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