Business Standard

Page 2 - Burger King

Tomatoes on 'vacation' as India battles food inflation, says Burger King

"Even tomatoes need a vacation ... we are unable to add tomatoes to our food," read notices pasted at two Burger King India outlets. The chain has cited quality issues in explaining the shortfall

Tomatoes on 'vacation' as India battles food inflation, says Burger King
Updated On : 16 Aug 2023 | 5:37 PM IST

Burger King's India operator posts wider Q1 loss on back of higher costs

The restaurant chain's consolidated net loss widened to Rs 50.48 crore ($6.1 million) for the quarter ended June 30, from Rs 47.5 crore a year ago, according to an exchange filing

Burger King's India operator posts wider Q1 loss on back of higher costs
Updated On : 07 Aug 2023 | 12:46 PM IST

A QSR full course serves up weak demand, margin pressures as sides

ON THE MENU: While Westlife remains an outlier, valuations for most players on the higher side

A QSR full course serves up weak demand, margin pressures as sides
Updated On : 17 Jul 2023 | 6:00 AM IST

Creativity, engaging stories drive brand sales, says Kantar report

Hindustan Unilever, Burger King share laurels in third edition of Kantar's creative effectiveness awards

Creativity, engaging stories drive brand sales, says Kantar report
Updated On : 21 Jun 2023 | 5:38 PM IST

McDonalds, Burger King, Jumboking are top burger brands in country: Report

Investment banking firm Kennis Ventures Private Limited, lists out the top organised players in the burger industry, primarily focused on selling burgers to Indian consumers

McDonalds, Burger King, Jumboking are top burger brands in country: Report
Updated On : 01 Jun 2023 | 3:30 PM IST

Gen Atlantic, Advent Int soon to acquire Everstone's Burger King stake

As of March 31, Burger King and its sub-brand BK Cafe together had a total of 391 restaurants in the country. BK Cafe is engaged in the business of serving coffee and beverages to its customers

Gen Atlantic, Advent Int soon to acquire Everstone's Burger King stake
Updated On : 29 May 2023 | 1:05 PM IST

Jubilant Foodworks, Advent Int'l in race to buy Burger King franchise

M&As pick up pace in Indian QSR industry amid sharp recovery in revenues

Jubilant Foodworks, Advent Int'l in race to buy Burger King franchise
Updated On : 18 May 2023 | 4:55 PM IST

Everstone in talks to sell 41% stake in India's Burger King franchisee

Everstone Capital, through its investment vehicle QSR Asia Pte Ltd, held a 40.9 per cent stake in Restaurant Brands as of March 31, according to Refinitiv data

Everstone in talks to sell 41% stake in India's Burger King franchisee
Updated On : 18 May 2023 | 12:31 PM IST

Burger King's India operator posts bigger loss as costs of essentials rise

Restaurant Brands Asia , earlier known as Burger King India, reported a wider fourth-quarter loss, as it spent more on ingredients at a time when it is also expanding in India and Indonesia

Burger King's India operator posts bigger loss as costs of essentials rise
Updated On : 17 May 2023 | 8:33 PM IST

Top 11 listed entities in Retail and QSRs opened 12 stores a day in 2022

The report added that companies have ramped up store launches to take advantage of lower rent rates at key locations

Top 11 listed entities in Retail and QSRs opened 12 stores a day in 2022
Updated On : 16 Feb 2023 | 1:40 PM IST

Jubilant still upper crust even as near-term margins slice up stock

Aggressive store expansion, new menu choices ought to boost growth for QSR

Jubilant still upper crust even as near-term margins slice up stock
Updated On : 25 Dec 2022 | 9:40 PM IST

Everstone Capital plans to sell Burger King stake in India and Indonesia

Everstone Capital, through its investment vehicle QSR Asia Pte Ltd holds a 40.9% stake in Restaurant Brands, according to Refinitiv data

Everstone Capital plans to sell Burger King stake in India and Indonesia
Updated On : 14 Oct 2022 | 11:02 PM IST

Burger King to invest $ 400 mn in US revamp over next 2 yrs to boost sales

Burger King plans to invest USD 400 million in its US restaurants over the next two years to update its stores and boost flagging sales. The burger chain said on Friday the investment includes USD 250 million to revamp stores and update technology and kitchen equipment and USD 120 million for heavier advertising. Burger King also plans to spend USD 30 million upgrading its app to offer smoother ordering and personalized deals. The moves come after several years of disappointing sales at Burger King's 7,058 US stores. In 2019, Burger King's same-store sales or sales at stores open at least a year rose less than 2 per cent. By comparison, market leader McDonald's US same-store sales were up 5 per cent. Burger King's US sales plunged during the pandemic, then recovered in 2021, rising 5 per cent. But that was still slower growth than McDonald's, which saw US same-store sales jump 14 per cent in 2021. Wendy's overtook Burger King as the No. 2 US fast food chain by sales in 2020 and

Burger King to invest $ 400 mn in US revamp over next 2 yrs to boost sales
Updated On : 10 Sep 2022 | 7:49 AM IST

Facebook vs Facebake is only the latest in a series of trademark wars

IPR laws in India and the challenge of staying ahead of violators

Facebook vs Facebake is only the latest in a series of trademark wars
Updated On : 16 Jul 2022 | 1:31 AM IST

Why Westlife could outperform Jubilant FoodWorks in the near term

All QSR majors, however, will face margin pressures given rise in food prices, analysts say

Why Westlife could outperform Jubilant FoodWorks in the near term
Updated On : 13 Apr 2022 | 11:32 PM IST

Stocks to Watch: UPL, ITC, Restaurants, Multiplexes, FMCG, OMCs, Suzlon

Shares of multiplex restaurant owners are likely to be in focus on easing of Covid-19 related curbs in Maharashtra.

Stocks to Watch: UPL, ITC, Restaurants, Multiplexes, FMCG, OMCs, Suzlon
Updated On : 03 Mar 2022 | 8:06 AM IST

Restaurant Brands hits new low post listing of shares issued to QIBs

A total of 108.40 million shares allotted to qualified institutional buyers started trading on the exchanges on Friday, February 18, 2022.

Restaurant Brands hits new low post listing of shares issued to QIBs
Updated On : 21 Feb 2022 | 10:16 AM IST

Sensex ends choppy day 145 pts down; Vedant Fashions up 9%, SBI falls 2%

Among individual stocks, Bharti Airtel, M&M, HDFC, Kotak Bank, Nestle India, and Dr Reddy's Labs were the only Sensex gainers today

Sensex ends choppy day 145 pts down; Vedant Fashions up 9%, SBI falls 2%
Updated On : 16 Feb 2022 | 3:47 PM IST

Burger King India: Growth strategy, margin expansion key to stock rally

The company recently posted its December quarter (Q3FY22) results and brokerages have either downgraded the stock by a notch or have reduced their target price

Burger King India: Growth strategy, margin expansion key to stock rally
Updated On : 28 Jan 2022 | 4:03 PM IST

Voda Idea, Burger King, ICICI Bank: Strategies for result-driven stocks

Follow-up buying in some of these stocks can see them move up in the sessions ahead. However, investors need to be mindful of the overall market volatility besides the technical setup

Voda Idea, Burger King, ICICI Bank: Strategies for result-driven stocks
Updated On : 25 Jan 2022 | 1:59 PM IST