I found this quote from an RBC Analyst on the fair treatment of animals by Burger King’s suppliers…it’s rather humorous:
People for the Ethical Treatment of Animals (PETA) has been critical of the fast food giant in the past. â€œWe certainly hope that people will order the BK Veggie Burger when they go into Burger King,â€ a PETA spokesman said. â€œBut the fact that Burger King has made positive changes for some of the animals killed for its restaurants will send a ripple effect through the fast food industry and show other companies that animal welfare cannot be ignored.â€
By the way, the Geneva Convention stipulates which kinds of bullets are permitted for war, but we digressâ€¦As for the stock? Many analysts have target in the mid- to high-$20â€™s, based on a strong long-term outlook in the U.S., as top line growth gets driven by modest same store sales growth, increased franchise royalty rate, and accelerated unit growth.