Burger King vs McDonald's

Created: August 13, 2007, Updated: March 04, 2015, Owner: Rudy_Wurlitzer Comments (0)

Burger King

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Burger King, often abbreviated as BK, is a global chain of hamburger fast food restaurants headquartered in unincorporated Miami-Dade County, Florida, United States. The company began in 1953 as Insta-Burger King, a Jacksonville, Florida-based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees, David Edgerton and James McLamore, purchased the company and renamed it Burger King. Over the next half century, the company would change hands four times, with its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners, taking it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in BK in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. –Editor's choicemore
The McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries across 35,000 outlets. Headquartered in the United States, the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently purchased the chain from the McDonald brothers and oversaw its worldwide growth. –Editor's choicemore
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Traded asNYSE: BKW, formerly BKCNYSE: MCD, Dow Jones Industrial Average Component, S&P 500 Component
FoundedInsta-Burger King: July 28, 1953 in Jacksonville, Florida, Current company: 1954 in Miami, FloridaMay 15, 1940 in San Bernardino, California;, McDonald's Corporation, April 15, 1955 in Des Plaines, Illinois
Founder(s)Insta-Burger King: Keith J. Kramer and Matthew Burns, Current company: David Edgerton and James McLamoreRichard and Maurice McDonald; Ray Kroc (Corporation).
Headquarters5505 Blue Lagoon Drive, Miami-Dade County, Florida, United StatesOak Brook, Illinois, U.S.
Area servedGlobalWorldwide
Key peopleAlexandre Behring (Chairman), Daniel S. Schwartz (CEO), Joshua Kobza (CFO)Andrew J. McKenna, (Chairman), Don Thompson, (President and CEO)
ProductsHamburgers, chicken, french fries, soft drinks, milkshakes, salads, desserts, breakfastFast food, (hamburgerschickenfrench friessoft drinkscoffeemilkshakessaladsdessertsbreakfast)
Revenue US$1.97 billion (FY 2012):6 US$27.56 billion (2012)
Operating income US$363.0 million (FY 2012):36 US$8.60 billion (2012)
Net income US$117.7 million (FY 2012):6 US$5.46 billion (2012)
Total assets US$5.564 billion (FY 2012):12 US$35.39 billion (2012)
Total equity US$1.175 billion (FY 2012):12 US$15.29 billion (2012)
Employees34,248 (FY 2011)1,800,000 (2013)
Websitewww.bk.comGlobal Corporate Website
Read news about Burger King
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Read news about McDonald's
Search Wikipedia for McDonald's

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