UPDATE 1-Burger King's N America comparable sales growth best in 2 years

Tue Nov 4, 2014 8:27am EST
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Nov 4 (Reuters) - Burger King Worldwide Inc posted its strongest growth in quarterly same-restaurant sales in North America in two years, at a time larger rival McDonald's Corp is struggling in the highly competitive market.

Burger King's same-restaurant sales in the United States and Canada rose 3.6 percent in the third quarter, driven by the reintroduction of Chicken Fries and strong sales of the BBQ Bacon Whopper burger.

The company, which is acquiring Canadian coffee chain Tim Hortons Inc, has been focusing on reinventing and expanding its offerings. Burger King introduced new versions of its Whopper hamburgers and launched the King Deals value menu this year.

The company, whose rivals include Wendy's Co, is also benefiting from a franchise model for almost all its restaurants as it does not pay for such costs as leases and maintenance.

Analysts on average had expected the company's North America same-restaurant sales to rise 2.5 percent in the quarter, according to research firm Consensus Metrix.

Burger King's global same-restaurant sales rose 2.4 percent.

McDonald's U.S. same-restaurant sales fell by a steeper-than-expected 3.3 percent in the third quarter.

The company has reported nearly two years of turbulent sales at established U.S. restaurants, hurt by sluggish economic growth, increased competition and internal missteps that have complicated its menus and slowed service.   Continued...