Burger King invests another $300 million to remodel restaurants
Publishing timestamp: 2024-04-30 07:34:42
Summary
Restaurant Brands International is investing another $300 million to remodel Burger King's U.S. restaurants as part of a broader turnaround effort. The company plans to spend a total of $2.2 billion to revitalize the fast-food chain's U.S. business, with the goal of having 85% to 90% of its roughly 7000 U.S. restaurants with a modern design by 2028. Burger King has already seen positive results from the initial round of remodels.
Sentiment: NEUTRAL
Keywords: business, business news, breaking news: business, lifestyle, retail industry, united states, restaurant brands international inc, carrols restaurant group inc, restaurants, earnings,
Source: https://www.cnbc.com/2024/04/30/burger-king-invests-another-300-million-to-remodel-restaurants-.html