BNET Industries
Last Fiscal Year Sales:$10.5M
- Private
- US
Dow Jones Description
Fast-Food Restaurant, Chain
President
Timothy J AuvilNumber of Employees 350
Contact Information
11769 Pkwy Dr
Irwin, Pennsylvania 15642
(724) 864-6920
Peer Companies
NAICS Code Limited-Service Restaurants: 722211
Recent Events
-
Burger King profit slips for first quarter
News & Analysis
Filter by
burger king corp. - All News and Analysis
Burger King Goes Too Far in Price War
Burger King BKC stores are losing money on the company's $1 double cheeseburger promotion, according to a lawsuit filed last week by the National Franchisee Association. The franchisees say the product costs them at least $1.10 per sandwich, and they're challenging Burger King's right to dictate maximum prices. ...
BK franchisees: 10¢ lost on each $1 double cheeseburger
MIAMI (Nov. 13, 2009) Burger King franchisees, who are suing their franchisor over the $1 double cheeseburger promotion, say they are losing as much as a dime per sandwich and are challenging the parent company's ability to set prices. The chain's National Franchisee Association in Atlanta, Ga., which represents about...
Was Klein's Departure From Burger King Linked to Franchisee Ad Lawsuit?
Russ Klein, the Burger King BKC chief marketing officer who mysteriously disappeared to go sword-sharpening and dragon-slaying in September, has resigned. His departure occurs as a $65 million lawsuit between BK and its restaurant owning franchisees over their advertising budget has ground to a halt in federal court. By amazing...
McDonald's October Same-store Sales Up, U.S. Slips
By Lisa Baertlein and Jessica WohlLOS ANGELES/CHICAGO (Reuters) - McDonald's Corp MCD said sales at established U.S. restaurants fell 0.1 percent in October, as expected, but its stock ticked up 1.5 percent after sales from the rest of the world buoyed overall results.McDonald's, which has been outperforming its peers, had...
McDonald's vs. Burger King - The Alpha Hamburger
Eric Falkenstein submits: I would estimate 90% of all alpha is misrepresented. Anyone in charge of a business line making money is usually too embarrassed by the straightforward nature of their advantage to admit it, so they have to point out some nuance that makes absolutely no difference. Thus,...
Cheesy: BK Doubles Up
NEW YORK Burger King's carte du jour got a bit meatier with this week's addition of the quarter-pound Double Cheeseburger to the chain's dollar menu. The $1 promotion is set to run through March 31, 2010.In conjunction with its dollar menu addition, the chain is launching a campaign that includes...
High Stakes Burger King Remodel Still Work In Progress
John Gordon submits: Burger King BKC is releasing earnings on October 29,, and needs some big news to reassure investors as well as ultimately drive sales. On October 17, it's featuring $1 double cheeseburgers via national advertising, while Wendy’s WEN just began rolling out their new burger, Carl’s and...
Speed Bumps Generate Electricity--and Cash
Is there money and green energy in speed bumps? That’s the premise of MotionPower, a project of Maryland-based New Energy Technologies, which on Monday will launch a second field trial of an ingenious device that converts cars’ kinetic energy to electricity. The premise is pretty simple. Some 250 million...
Private Equity, Business Flipping and Asymmetrical Outcomes
Trader Mark submits: Quite a comprehensive piece in this weekend's New York Times on the world of private equity - using as a proxy the story of Simmons Bedding Company. This is a great topic and something that speaks to our system - the heads we win, tails we win...
Burger King's Klein Disappears Following Ad Woes; Crispin Left Hanging
The news that Burger King president/global marketing Russ Klein is taking a leave of absence to spend some time "sharpening the sword" his actual words is bad news for Crispin Porter + Bogusky. Bad news in the sense that whenever your client disappears, it can't possibly be good news. by...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Timothy J Auvil | President |
| Organization | Position | Status |
|---|---|---|
| 5 Development Corp. | President | Current |
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