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Burger King products

Burger King
Subsidiary
Industry Restaurants
Genre Fast food restaurant
Predecessor Insta-Burger King
Founded Insta-Burger King:
1953; 64 years ago (1953)
Jacksonville, Florida
Burger King:
1954; 63 years ago (1954)
Miami, Florida
Founder Insta-Burger King:
Keith J. Kramer and Matthew Burns
Burger King:
David Edgerton and James McLamore
Headquarters 5505 Blue Lagoon Drive, Miami-Dade County, Florida, United States
Number of locations
15,000+ (2015)
Area served
Global
Key people
  • Alexandre Behring (Chairman RBI)
  • Daniel S. Schwartz (CEO)
  • José E. Cil (President)
  • Joshua Kobza (CFO)
Products
Revenue IncreaseUS$4.05 billion (FY 2015)
Decrease US$363.0 million (FY 2015 RBI)
Decrease US$1.912 billion (FY 2015 RBI)
Total assets Decrease US$18.41 billion (FY 2015 RBI)
Total equity Decrease US$2.912 billion (FY 2015 RBI)
Number of employees
34,248 (FY 2015 RBI)
Parent Restaurant Brands International
Website

www.bk.com


www.bk.com

When the predecessor of international fast food restaurant chain Burger King (BK) first opened in 1953, its menu predominantly consisted of hamburgers, French fries, soft drinks, milkshakes, and desserts. After being acquired by its Miami, Florida franchisees and renamed in 1954, BK began expanding its menu by adding the Whopper sandwich in 1957, and has since added non-beef items such as chicken, fish, and vegetarian offerings, including salads and meatless sandwiches. Other additions include a breakfast menu and beverages such as Icees, juices, and bottled waters. As the company expanded both inside and outside the United States, it introduced localized versions of its products that conform to regional tastes and cultural or religious beliefs. To generate additional sales, BK occasionally introduces limited-time offers of special versions of its products, or brings out completely new products intended for either long- or short-term sales. Not all of these products and services have been successful; in 1992, Burger King introduced limited table service featuring special dinner platters, but this concept failed to generate interest and was discontinued.

The company introduced the first iteration of its breakfast menu, along with the company's "Specialty Sandwich" product line, in a 1978 menu expansion. The products were some of the first designed by a fast food restaurant chain that were intended to capture the adult market, members of which would be willing to spend more on a higher-quality product. The expanded Burger King menu was part of a plan by then-company president Donald N. Smith to reach the broadest possible demographic market to better compete with McDonald's, and to fend off then newcomer Wendy's, who had a growing market share. The plan was successful: the company's sales increased by 15 percent. Despite another menu expansion in 1985, the company's market gains diminished due to neglect of the brand at the hands of then-parent Pillsbury and its successors, Grand Metropolitan and Diageo. When the company was sold to a group led by TPG Capital in 2004, the trend of targeting an expanded audience was renewed under a plan by its then-CEO Brad Blum. During Blum's tenure, the company added several products that featured higher-quality ingredients and other menu fare that again attempted to appeal to the adult palate and demographic. As in the past, not all of these products met corporate sales expectations, or in the case of several of its larger offerings, resulted in negative publicity due to nutritional concerns. With the purchase of the company in 2010 by 3G Capital, the company again began another revamp of its product line by phasing out some products, introducing new ones and redesigning others including its flagship Whopper sandwich.


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