Burger King’s largest U.S. franchisee made a “one-time” discounting error that cost it millions.
Key Points
The mistake decreased its sales by $12.4 million and its earnings before interest, taxes, depreciation and amortization by $10.9 million. Burger King's largest U.S. franchisee made a "one-time" discounting error that cost it millions, but Craig-Hallum Capital Group recommends buying its stock as the buzz continues for the Impossible Whopper and Popeyes' chicken sandwich.Carrols Restaurant GroupThe stock closed Wednesday up 2.8% at $7.60 per share. But the name has fallen 23% so far this year. For comparison,, the parent company of Burger King, Popeyes Louisiana Kitchen and Tim Hortons, is up 26% in 2019.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
I tried every dipping sauce from both McDonald's and Burger King and found they have wildly different strengths and weaknessesMcDonald's and Burger King's dipping sauces each have very different strengths and are almost nothing alike.
Baca lebih lajut »
British Monarchy In Transition: Is it Time For ‘King Charles’?Prince Charles is already dubbed the 'Shadow King' for his behind-the-scenes management of Prince Andrew's 'dethroning'.
Baca lebih lajut »
These stocks are 'best in class' according to Wall Street analystsCNBC combed through recent Wall Street research to find stocks analysts say are 'best in class.'
Baca lebih lajut »
I tried every dipping sauce from both McDonald's and Burger King and found they have wildly different strengths and weaknessesMcDonald's and Burger King's dipping sauces each have very different strengths and are almost nothing alike.
Baca lebih lajut »
Tesla, GE and Uber make list of the most divisive stocks on Wall StreetThe stocks that deeply divide Wall Street analyst opinions — led by Tesla.
Baca lebih lajut »
Defiant Adele Roberts posts naked bath snap after I'm A Celeb vote controversyThe Radio 1 DJ was the first contestant to be eliminated from the show after a 'wording error' led to votes being discounted
Baca lebih lajut »