Burger King 3Q earnings climb, costs fall

Burger King’s third-quarter net income surged as it sharply reduced its restaurant expenses mostly due to the refranchising of company-owned restaurants and continued to grow overseas. The Miami company’s performance topped analysts’ estimates. It also raised its quarterly dividend. Shares rose in premarket trading. Burger King Worldwide Inc. has been revamping its business since it [...] Burger King 3Q earnings climb, costs fall | www.limit.ws