Vault's Scoop
ABOUT THIS COMPANY:
Have it BK's wayBurger King Holdings is one whopping burger joint, operating some 11,200 restaurants in the U.S. and over 65 countries worldwide. (The company itself owns over 1,200 BK locations; the remainder are owned by franchisees.) As such, it is the second-largest hamburger chain behind its arch-nemesis McDonald's. In addition to its famed flame-broiled burgers, BK offers chicken sandwiches, salads and breakfast items. In fiscal year 2006, Burger King's annual revenue hit the highest level in company history with a tally of $2.05 billion, an increase of 6 percent from 2005. The company also celebrated record average restaurant sales worldwide of $1.13 million. Though profit decreased from 2005 to 2006, from $47 million to $27 million, fiscal 2007 is starting off well for the King.
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