Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Burger King Holdings Inc | g26307e8vk.htm |
Exhibit 99.1
Fourth Quarter Update
Comparable revenue growth and sales growth
| Quarters ended December 31, | TTM December 31 | |||||||||||||||||
| 12/31/2010 | 12/31/2009 | 2010 | 2009 | Comments | ||||||||||||||
| (In constant currencies) | (In constant currencies) | |||||||||||||||||
Comparable sales growth |
||||||||||||||||||
Total worldwide |
(3.7 | )% | (2.0 | )% | (2.4 | )% | (1.7 | )% | ||||||||||
United States and Canada |
(5.8 | )% | (3.3 | )% | (4.4 | )% | (2.8 | )% | Lapping dollar double cheeseburger / value promotions | |||||||||
EMEA / APAC |
(1.8 | )% | 0.9 | % | 0.2 | % | 1.0 | % | Positive comps for NL,Turkey and China offset by Germany and UK | |||||||||
Latin America |
5.6 | % | (2.6 | )% | 3.8 | % | (2.4 | )% | Strong performance in Brazil, partially offset by Mexico | |||||||||
| (In constant currencies) | (In constant currencies) | |||||||||||||||||
Sales growth |
||||||||||||||||||
Total worldwide |
1.1 | % | 1.0 | % | 3.0 | % | 1.8 | % | ||||||||||
United States and Canada |
(5.1 | )% | (2.1 | )% | (3.7 | )% | (1.9 | )% | Driven by negative comp sales / flat restaurant count | |||||||||
EMEA / APAC |
9.1 | % | 7.5 | % | 14.5 | % | 9.5 | % | Strong franchise NRG | |||||||||
Latin America |
17.3 | % | 3.0 | % | 14.7 | % | 2.8 | % | NRG and strong comps outside Mexico | |||||||||
| As of December 31, | ||||||||||||||
| Restaurant count | 2010 | 2009 | Inc/ (Dec) | Comments | ||||||||||
Number of Company restaurants |
||||||||||||||
United States and Canada |
984 | 1,029 | (45 | ) | Primarily due to net refranchisings | |||||||||
EMEA / APAC |
264 | 299 | (35 | ) | Primarily due to net refranchisings | |||||||||
Latin America |
96 | 94 | 2 | |||||||||||
Total |
1,344 | 1,422 | (78 | ) | ||||||||||
Number of franchise restaurants |
||||||||||||||
United States and Canada |
6,566 | 6,516 | 50 | Primarily due to net refranchisings plus add’l openings | ||||||||||
EMEA / APAC |
3,297 | 3,129 | 168 | Net refranchisings plus add’l openings | ||||||||||
Latin America |
1,044 | 1,011 | 33 | |||||||||||
Total |
10,907 | 10,656 | 251 | |||||||||||
Total worldwide restaurant
count |
12,251 | 12,078 | 173 | |||||||||||