Burger King: Chicken Fries helped lift US sales as McDonald's sales fall

MarketsAssociated Press

Burger King says bringing back its "Chicken Fries" for limited time helped lift sales in the U.S. and Canada by the biggest jump in two years.

The Miami-based chain says global sales rose 2.4 percent at established locations during the third quarter, including a 3.6 percent increase in the U.S. and Canada. McDonald's previously reported a 3.3 percent decline in the U.S. for the same time, citing heightened competition.

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After factoring one-time charges, such as costs related to its purchase of Tim Hortons, Burger King Worldwide Inc. lost $23.5 million, or 7 cents per share. Adjusted earnings were 27 cents per share, in line with Wall Street expectations.

Total revenue rose to $278.9 million, short of the $281.8 million Wall Street expected.