New Fries Help Burger King To A Whopper Of An Earnings Boost
RENEE MONTAGNE, HOST:
NPR's business news starts with lots of hamburgers.
(SOUNDBITE OF MUSIC)
MONTAGNE: Burger King is reporting a stunning jump in earnings - nearly $70 million in the last quarter. A year ago, third-quarter profits were just over $6 million. Burger King's stock rose on the news to $21 a share - that's about six Whoppers a share. But namesake burgers might not be responsible for the growth. Customers flocked to locations in the U.S. and Canada to taste the Satisfry, a supposedly healthier French fry.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.