Burger King strong overseas

Investor's Business Daily

The restaurant chain reported slight Q4 profit growth on overseas gains and acceptance of new menu items such as lower-calorie Satisfries. Burger King's (BKW) Q4 EPS edged up to 24 cents from 23 cents a year ago, matching estimates. Revenue fell 34% to $265.2 mil, just missing Wall Street's $268.4 mil target. But shares rose after the company said global sales rose 1.7% at locations open at least a year, with strong results in Asia, a key market. In N. America, comparable sales edged up 0.2%. Shares rose 1.1% to 25.75.

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