Burger King Holdings Inc. said the swine flu outbreak in Mexico will probably cut into its sales for the year, leading the chain to cut its outlook after reporting a 15% rise in its fiscal third-quarter profit.
The nation’s No. 2 hamburger chain had to close dining rooms in all 118 of its Mexico City-area stores.
Burger King earned $47 million, or 34 cents a share, matching the expectations of analysts polled by Thomson Reuters. Last year profit totaled $41 million, or 30 cents a share. Revenue rose 1% to $600 million.
Shares fell 56 cents, or 3.3%, to $16.55, a 52-week low.