February 13, 2014 |
Burger King reported Thursday that profits soared 37% in the fourth quarter as the company reduced costs and benefited from growth overseas and the popularity of new menu items. The fast-food giant, which operates 13,600 restaurants in more than 90 countries, said it earned $66.8 million in the quarter, compared with $48.6 million in the same period the year before. Revenue for the quarter was $265 million, down $405 million, a result of the franchising of many company-owned restaurants.
January 2, 2014 |
Yogurtland Chief Executive Phillip Chang, founder of the Irvine-based self-serve yogurt chain, is relinquishing his head honcho post to concentrate on religious charity work. Chief Operating Officer Huntley Castner, who joined Yogurtland in 2011 from Panda Express parent Panda Restaurant Group, will step into Chang's shoes. In a statement, Yogurtland said Chang recently turned 50 and sought to “expand and deepen his focus on Christian mission activities.” Chang founded Yogurtland in 2006.
December 30, 2013 |
The latest entry in the fast-food value menu competition comes from Burger King, with the launch of its King Deals on Monday. The offerings include more than 20 items that are priced starting at $1. The list includes the new Rodeo Crispy Chicken sandwich and the Rodeo Burger -- both a dollar each -- as well as chicken nuggets, a double cheeseburger and a crispy chicken wrap. If that sounds mighty familiar to the value menu at another quick-service giant, consider that McDonald's updated its Dollar Menu just this fall.
CALIFORNIA | LOCAL
November 2, 2013 |
Pico Rivera residents Luz and Jose Mendez arrived at Los Angeles International Airport around 8 a.m. Friday to catch a flight to Cancun for vacation. Before they boarded, the couple decided to stop at the Terminal 3 Starbucks for coffee. In line, they suddenly saw a group of people running toward them and then heard a series of gunshots. “Down! Down! Down! There's a shooter!” someone yelled. MORE: Eyewitness accounts of LAX shooting In the terminal food court, Demetrius Trammel was inside the Gladstone's 4 Fish restaurant kitchen when he saw a mob of people running frantically.
October 28, 2013 |
Burger King stock was on the upswing Monday after the fast-food company said its profit surged nearly 33% in the third quarter, beating predictions from Wall Street. The Miami-based company said its adjusted net income soared to $81.1 million, or 23 cents a share, from $61.1 million, or 17 cents a share, during the same period a year earlier. Revenue at the chain, which last month unveiled its Satisfries line of lower-fat French fries, tanked 40% to $275.1 million but still exceeded estimates.
August 27, 2013 |
Forget the old-fashioned hamburger with a side of fries. This fall, Burger King is offering a burger with the fries built right in. On Sept. 1, the fast-food chain will introduce the French Fry Burger, a standard hamburger with four French fries inserted between the beef patty and the bun, the Associated Press reports. The French Fry Burger may not be a complicated culinary offering, but it is cheap: The burger and four fries between a bun will cost you just $1 from Sept. 1 through the end of the fall, according to the AP report. And if the four French fries in the burger curb your craving for a side of fries, you will save on calories: The French Fry Burger has 390 calories, while a burger and a medium side of fries will run you 650 calories, according to information on the fast-food chain's website.