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Earnings

Burger King profit up 16%; sales slip

August 26, 2009|Times Wire Reports

Burger King Holdings Inc. said fourth-quarter profit rose 16%, beating analyst estimates, as the fast-food company expanded overseas.

Net income rose to $58.9 million, or 43 cents a share, from $50.6 million, or 37 cents, a year earlier, the Miami-based company said. Sales fell 2.4% to $629.9 million.

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