Burger King Will Close Hundreds More Restaurants This Year

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Burger King Will Close Hundreds More Restaurants This Year
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The burger giant's franchisees have already shuttered dozens of restaurants since the start of the year.

Josh Kobza, CEO of Burger King's parent company Restaurant Brands International , said in an earnings call this week that the burger chain has historically shuttered a couple hundred locations in the United States every year. This year, they expect closures to fall somewhere in the 300 to 400 range, though Kobza noted that the exact number remains unclear at this time.

Most of the closing restaurants will be"low volume" units, Kobza said, so RBI believes that any decreases in Burger King's American sales won't match the decreases in the chain's restaurant count. Moving forward, franchisees will play a major role in efforts to improve Burger King's American restaurant system, since they'll have to be willing to work with the company to implement any necessary changes, Kobza said.

"We're feeling increasingly positive about the case path forward this year and into the future," he said. As Burger King customers wait to see which markets will face these potential closures, they can enjoy several recently-launched menu items at their local restaurants. The chain

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