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Burger King Holdings, Inc. (BKC)

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Latest Analyst Comments on Burger King Holdings, Inc. (BKC)
 

McDonald's Winning the QSR Battle (NACS Online) - Mar 11, 2010

"We have a price war going on," said Morningstar analyst R. J. Hottovy, adding that Burger King, McDonald's, and Wendy's continue to offer promotions with the intent of securing market share. 
 
Share:  "We have a price war going on," said <span class="analyst">Morningstar</span> analyst R. J. Hottovy, adding that <span class="company">Burger King</span>, McDonald's, and Wendy's continue to offer promotions with the intent of securing market share. Tweet this 

Restaurants shift blame to weather for sinking sales (Nation's Restaurant News - Financial News) - Mar 10, 2010

At Burger King Holdings Inc., the company's use of winter weather to explain a same store sales decline in the first two months of 2010 was met with criticism as well. Miami based Burger King said same store sales in the United States and Canada fell 8.2 percent for the two month period ended Feb. 28, compared to an increase of 3.1 percent in the same period last year. The company said winter weather accounted for about 3 points in the decline. John Ivankoe, an analyst at J. P. Morgan, said the results, even when adjusted for weather, still put Burger King behind its peers. 
John Ivankoe
John Ivankoe
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  <span class="analyst">John Ivankoe</span>, an analyst at J. P. Morgan, said the results, even when adjusted for weather, still put <span class="company">Burger King</span> behind its peers. Tweet this 

Burger King: cold weather to blame for sales slump (The Sun Sentinel - Business) - Mar 10, 2010

S and Canada January sales were impacted by adverse weather conditions, which worsened in February, resulting in lower than anticipated sales.''. Burger King attributed about 3 percentage points of the sales decline to ``inclement weather'' in the Central and Eastern United States, where over 75 percent of the chain's restaurants are located. But the company offered no explanation for the rest of the drop, which is likely due to a combination of less restaurant traffic and customers gravitating toward lower priced items like the controversial $1 double cheeseburger. ``We believe that same store sales have remained weak lately, which makes us believe the issue is bigger than weather,'' UBS restaurant analyst David Palmer wrote Tuesday in a note. 
David Palmer
David Palmer
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  ``We believe that same store sales have remained weak lately, which makes us believe the issue is bigger than weather,'' UBS restaurant analyst <span class="analyst">David Palmer</span> wrote Tuesday in a note. Tweet this 

Burger King’s Sales Dip (Zacks - Analyst Blog) - Mar 10, 2010

Burger King Holdings Inc ( BKC , Analyst Report ), the second largest hamburger chain, hinted that adverse weather conditions in the Central and Eastern part of the U. S dragged down the U. S. & Canada segment comparable sales. Comparable sales for the segment dropped 8.2% in the two month period ended , 2010, versus an increase of 3.1% in the prior year period due to the presence of 75% of the segment's company and franchise owned restaurants in the affected region. Miami, Florida based Burger King notified that bad weather hurt the U. S. & Canada segment's comparable sales metric by about 3%. 
 
Share:  <span class="company">Burger King</span> Holdings Inc ( BKC , Analyst Report ), the second largest hamburger chain, hinted that adverse weather conditions in the Central and Eastern part of the U. S dragged down the U. S. & Canada segment comparable sales. Comparable sales for the segment dropped 8.2% in the two month period ended , 2010, versus an increase of 3.1% in the prior year period due to the presence of 75% of the segment's company and franchise owned restaurants in the affected region. Miami, Florida based <span class="company">Burger King</span> notified that bad weather hurt the U. S. & Canada segment's comparable sales metric by about 3%. Tweet this 

Burger King blames cold weather for sales drop (MiamiHerald.com: Business) - Mar 10, 2010

S and Canada January sales were impacted by adverse weather conditions, which worsened in February, resulting in lower than anticipated sales.''. Burger King attributed about 3 percentage points of the sales decline to ``inclement weather'' in the Central and Eastern United States, where over 75 percent of the chain's restaurants are located. But the company offered no explanation for the rest of the drop, which is likely due to a combination of less restaurant traffic and customers gravitating toward lower priced items like the controversial $1 double cheeseburger. ``We believe that same store sales have remained weak lately, which makes us believe the issue is bigger than weather,'' UBS restaurant analyst David Palmer wrote Tuesday in a note. 
David Palmer
David Palmer
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  ``We believe that same store sales have remained weak lately, which makes us believe the issue is bigger than weather,'' UBS restaurant analyst <span class="analyst">David Palmer</span> wrote Tuesday in a note. Tweet this 

Burger King Sales Snowed Under (Forbes.com: Latest Headlines) - Mar 09, 2010

Adding insult to Burger King's injury, Morgan Stanley analyst John Glass expects McDonald's to pick up domestic market share in the coming months as the McCafe program is scheduled to roll out new frappe and smoothie products through the spring and summer. However, Burger King is fighting back with its Breakfast Muffin sandwich and Breakfast Bowl, which the company is releasing later this month 
John Glass
John Glass
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Adding insult to <span class="company">Burger King</span>'s injury, Morgan Stanley analyst <span class="analyst">John Glass</span> expects McDonald's to pick up domestic market share in the coming months as the McCafe program is scheduled to roll out new frappe and smoothie products through the spring and summer. Tweet this 

According to Wells Fargo analyst Jeff Omohundro, Burger King's woes might not be all about the weather. The analyst says that substantially higher unemployment rates in the 18 34 year old male population "provides some meaningful context for the slowing sales trends that many quick service chains have experienced over the last year or so.". There might be some sunnier days ahead for Burger King though. Barclays analyst Jeffrey Bernstein notes that the company experienced an uptick in traffic for the first week in March with positive responses to its new Steakhouse XT burger 
Jeffrey Omohundro
Jeffrey Omohundro
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  According to Wells Fargo analyst <span class="analyst">Jeff Omohundro</span>, <span class="company">Burger King</span>'s woes might not be all about the weather. The analyst says that substantially higher unemployment rates in the 18 34 year old male population "provides some meaningful context for the slowing sales trends that many quick service chains have experienced over the last year or so.". Tweet this 

despite the harsh winter conditions (See: McDonlad's Hits The Spot ). Unlike McDonald's, ( MCD , news , people ) which generates two thirds of its revenue outside the U. S., according to Citi analyst Gregory Badishkanian, over 75% of Burger King's stores are in the central and eastern regions of the U. S., areas that were hit hardest by severe storms in early 2010. 
Gregory Badishkanian
Gregory Badishkanian
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Unlike McDonald's, ( MCD , news , people ) which generates two thirds of its revenue outside the U. S., according to Citi analyst <span class="analyst">Gregory Badishkanian</span>, over 75% of <span class="company">Burger King</span>'s stores are in the central and eastern regions of the U. S., areas that were hit hardest by severe storms in early 2010. Tweet this 

According to Wells Fargo analyst Jeff Omohundro, Burger King's woes might not be all about the weather. The analyst says that substantially higher unemployment rates in the 18 34 year old male population "provides some meaningful context for the slowing sales trends that many quick service chains have experienced over the last year or so.". There might be some sunnier days ahead for Burger King though. Barclays analyst Jeffrey Bernstein notes that the company experienced an uptick in traffic for the first week in March with positive responses to its new Steakhouse XT burger. 
Jeffrey Bernstein
Jeffrey Bernstein
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Barclays analyst <span class="analyst">Jeffrey Bernstein</span> notes that the company experienced an uptick in traffic for the first week in March with positive responses to its new Steakhouse XT burger. Tweet this 

Winter Storms Sting The King (Forbes.com: Latest Headlines) - Mar 09, 2010

Unlike McDonald 's ( MCD , news , people ) which generates two third of its revenue outside the U. S., according to Citi analyst Gregory Badishkanian, over 75% of Burger King's stores are in the central and eastern regions of the U. S., areas that have been hit hard by severe storms. 
Gregory Badishkanian
Gregory Badishkanian
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Unlike McDonald 's ( MCD , news , people ) which generates two third of its revenue outside the U. S., according to Citi analyst <span class="analyst">Gregory Badishkanian</span>, over 75% of <span class="company">Burger King</span>'s stores are in the central and eastern regions of the U. S., areas that have been hit hard by severe storms. Tweet this 

Burger King's January-February Sales Disappoint (Morningstar Stock Analyst Notes) - Mar 09, 2010

We are modestly lowering our full year revenue forecast for Burger King BKC following disappointing January and February sales results. These changes were not enough to warrant a reduction in our fair value estimate, but reflect pervasive quick service restaurant industry pressures. Given elevated unemployment rates and aggressive industry discounts, we had anticipated a mid single digit decline in Burger King's U. S and Canada comparable system sales during the fiscal third quarter. 
 
Share:  We are modestly lowering our full year revenue forecast for <span class="company">Burger King</span> BKC following disappointing January and February sales results. These changes were not enough to warrant a reduction in our fair value estimate, but reflect pervasive quick service restaurant industry pressures. Given elevated unemployment rates and aggressive industry discounts, we had anticipated a mid single digit decline in <span class="company">Burger King</span>'s U. S and Canada comparable system sales during the fiscal third quarter. Tweet this 

Burger King says weather hurt Q3, but trends better (WTAQ) - Mar 09, 2010

Its fiscal third quarter includes January, February and March. Robert W. Baird & Co analyst David Tarantino in a client note cut his third quarter earnings per share estimate for Burger King to 27 cents per share from 31 cents previously. Tarantino repeated his "outperform" rating on the stock, saying Burger King shares are a good value and that sales trends should improve in coming quarters on easier comparisons 
David Tarantino
David Tarantino
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Robert W. Baird & Co analyst <span class="analyst">David Tarantino</span> in a client note cut his third quarter earnings per share estimate for <span class="company">Burger King</span> to 27 cents per share from 31 cents previously. Tweet this 

Hey Burger King, Where's Herb? (10Q Detective) - Mar 08, 2010

Comparable same store sales at Burger King (BKC $17.90) operations in North America (more than 7,500 stores) declined three percent versus a year ago. Consumers are eating out less in this economy — and when dining out they are choosing less expensive restaurants. With the price value proposition shifting to the value side, Burger King needs to figure out how to retain customers — and their loyalty – in an industry dominated by burger pricing wars. 
David Phillips
David Phillips
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Comparable same store sales at <span class="company">Burger King</span> (BKC $17.90) operations in North America (more than 7,500 stores) declined three percent versus a year ago. Consumers are eating out less in this economy — and when dining out they are choosing less expensive restaurants. With the price value proposition shifting to the value side, <span class="company">Burger King</span> needs to figure out how to retain customers — and their loyalty – in an industry dominated by burger pricing wars. Tweet this 

The Future of McDonald’s and the Great Value Shock (MCD, YUM, SBUX, DRI, CMG, THI, WEN, BKC, PNRA, EAT, JACK, BWLD, PZZA, SONC, DPZ) (24/7 Wall St) - Mar 01, 2010

We tallied up the likes of Yum! Brands, Inc., (NYSE:YUM), Starbucks Corp (NASDAQ: SBUX), Darden Restaurants, Inc., (NYSE: DRI), Chipotle Mexican Grill, Inc (NYSE: CMG), Tim Horton's Inc (NYSE: THI), Wendy's/Arby's Group, Inc (NYSE: WEN), Burger King Holdings Inc (NYSE: BKC), Panera Bread Co (NASDAQ: PNRA), Brinker International Inc (NASDAQ: EAT), Jack in the Box Inc (NASDAQ: JACK), Buffalo Wild Wings Inc (NASDAQ: BWLD), Papa John's International Inc (NASDAQ: PZZA), Sonic Corp (NASDAQ: SONC), and Domino's Pizza (NYSE: DPZ). And there are more than twice as many public restaurant and dining companies not reviewed for the restaurant chain tally and more which we showed in the chart of the restaurant and dining stocks. As far as the restaurant counts? 
 
Share:  We tallied up the likes of Yum! Brands, Inc., (NYSE:YUM), Starbucks Corp (NASDAQ: SBUX), Darden Restaurants, Inc., (NYSE: DRI), Chipotle Mexican Grill, Inc (NYSE: CMG), Tim Horton's Inc (NYSE: THI), Wendy's/Arby's Group, Inc (NYSE: WEN), Burger King Holdings Inc (NYSE: BKC), Panera Bread Co (NASDAQ: PNRA), Brinker International Inc (NASDAQ: EAT), Jack in the Box Inc (NASDAQ: JACK), Buffalo Wild Wings Inc (NASDAQ: BWLD), Papa John's International Inc (NASDAQ: PZZA), Sonic Corp (NASDAQ: SONC), and Domino's Pizza (NYSE: DPZ). And there are more than twice as many public restaurant and dining companies not reviewed for the restaurant chain tally and more which we showed in the chart of the restaurant and dining stocks. As far as the restaurant counts? Tweet this 

Flame-Broiled Seduction: Burger King Hosts a Meat-and-Greet (Daily Finance) - Feb 26, 2010

"Wow, Burger King doesn't screw around.". While the cameraman threw his equipment in the trunk, my editor and I barreled into the overstuffed leather back seat. I didn't need three people to cover this story, but it was the big time: Burger King ( ) was premiering some new dishes and there were rumors that the launch was going to be a fast food banquet of Roman dimensions. 
Bruce Watson
Bruce Watson
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "Wow, <span class="company">Burger King</span> doesn't screw around.". While the cameraman threw his equipment in the trunk, my editor and I barreled into the overstuffed leather back seat. I didn't need three people to cover this story, but it was the big time: <span class="company">Burger King</span> ( ) was premiering some new dishes and there were rumors that the launch was going to be a fast food banquet of Roman dimensions. Tweet this 

Burger King joins coffee clash in a big way (The Buffalo News: Business) - Feb 17, 2010

Morningstar analyst R J Hottovy said the move allows Burger King to sell a highly profitable product and try to bring back customers 
 
Share:  <span class="analyst">Morningstar</span> analyst R J Hottovy said the move allows <span class="company">Burger King</span> to sell a highly profitable product and try to bring back customers Tweet this 

Burger King And Starbucks: 1+1=1 (24/7 Wall St) - Feb 17, 2010

Burger King (NYSE:BKS) will begin to sell Starbucks (NASDAQ:SBUX) Seattle's Best Coffee at its US restaurants. That would seem to be an admission that the coffee that the fast food has served up until now was inadequate Shame on Burger King for not doing its best for customers 
 
Share:  <span class="company">Burger King</span> (NYSE:BKS) will begin to sell Starbucks (NASDAQ:SBUX) Seattle's Best Coffee at its US restaurants. That would seem to be an admission that the coffee that the fast food has served up until now was inadequate Tweet this 

Burger King coffee gets jolt from Starbucks (The Morning Call - Business) - Feb 17, 2010

Morningstar analyst RJ Hottovy said the move allows Burger King to sell a profitable product and try to bring back customers 
 
Share:  <span class="analyst">Morningstar</span> analyst RJ Hottovy said the move allows <span class="company">Burger King</span> to sell a profitable product and try to bring back customers Tweet this 

Burger King to offer Starbucks jolt (Stories: Business) - Feb 17, 2010

Morningstar analyst RJ Hottovy said the move allows Burger King to sell a highly profitable product and try to bring back customers 
 
Share:  <span class="analyst">Morningstar</span> analyst RJ Hottovy said the move allows <span class="company">Burger King</span> to sell a highly profitable product and try to bring back customers Tweet this 

Chain seeks caffeination domination (Business - HeraldTribune.com) - Feb 16, 2010

Morningstar analyst RJ Hottovy said the move allows Burger King to sell a highly profitable product and try to bring back customers 
 
Share:  <span class="analyst">Morningstar</span> analyst RJ Hottovy said the move allows <span class="company">Burger King</span> to sell a highly profitable product and try to bring back customers Tweet this 

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