Peter Abouelkhir is a financial analyst at Technomic Inc. He manages the company’s proprietary financial database, the Financial Dashboard, which houses financial data for U.S. public restaurant companies. He performs financial analysis on public restaurant companies and prepares quarterly industry reports.

Burger King’s Profitable Franchise Model

Burger King reported another strong quarter with double digit growth in EBITDA and net income, which grew 12.1% and 19.4% respectively in Q2-14 on a year-over-year basis. Reducing its base of company-owned stores to 52 units, from 1,295 in 2011, the company’s 100% franchise model has proven successful and maximized shareholder value. Refranchising benefited the […]