Industry News | May 9, 2002
Burger King Posts "Best U.S. Sales Growth Numbers In Years" says Diageo
At the conference, Diageo credited the leadership of Burger King's new CEO and Chairman John Dasburg for the turnaround at the world's #2 burger chain. In recent months, Dasburg has lead the introduction of new products like the BK Veggie and the Chicken Whopper and brokered partnership deals with heavy players such AOL Time Warner. Diageo says it expects Burger King's numbers to only grow stronger with Dasburg at the helm.
Already bidders have offered up to $2.2 billion for the chain, according to Reuters. Second round bids are expected in mid-June after potential bidders have had time to look at Burger King's second quarter results.
Food & Beverage
Thank you for signing up to receive QSR's flagship e-newsletter, A.M. Jolt. To help us better serve the information needs of our audience, please complete the information below.
In addition to A.M. Jolt, we also offer the following e-newsletters and communications. Please mark those you would like to receive.
- Business Services
- Cleaning & Sanitation
- Computer Systems/Software
- Dispensing Equipment
- Disposables, Packaging, Plastics
- Equipment Installation/Repair
- Financial Products/Services
- Food Products
- Franchise Opportunities
- Kitchen Equipment
- Safety Services/Products
- Security Systems