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Tom Curtis

๐Ÿ‘ค Speaker
149 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
Can Burger King Regain Its Crown?

So now we do it one way for all the burgers.

The Journal.
Can Burger King Regain Its Crown?

It's just the simplest things like that to make it easier for restaurants to execute.

The Journal.
Can Burger King Regain Its Crown?

Probably another one more big move I think we made that was indicative of a lot of things we were doing was we had a hand-breaded chicken that we had launched, which had 21 steps.

The Journal.
Can Burger King Regain Its Crown?

And I don't know if... 21 steps.

The Journal.
Can Burger King Regain Its Crown?

And I don't know if you've heard, but we're actually a burger brand.

The Journal.
Can Burger King Regain Its Crown?

And so...

The Journal.
Can Burger King Regain Its Crown?

You know, the restaurants were executing poorly on our flagship Whopper because they were so distracted trying to do a complex hand-breaded chicken that took 21 steps.

The Journal.
Can Burger King Regain Its Crown?

And let me tell you, when that chicken sandwich was done correctly, it was spectacular.

The Journal.
Can Burger King Regain Its Crown?

But the bottom line was we couldn't do that and make the world's best burger.

The Journal.
Can Burger King Regain Its Crown?

So, you know, I saw this in my former life.

The Journal.
Can Burger King Regain Its Crown?

You know, franchisees and us are very disciplined about prices when costs go up.

The Journal.
Can Burger King Regain Its Crown?

It really puts a squeeze on people who are negative growth or haven't been growing.

The Journal.
Can Burger King Regain Its Crown?

So we just we have to hold serve here on price.

The Journal.
Can Burger King Regain Its Crown?

And our franchisees right now, we're at a two year low on the amount of inflation that we're seeing in our prices, not our input costs, but the prices that we're charging consumers.

The Journal.
Can Burger King Regain Its Crown?

So our franchisees are gaining more and more conviction that we just need to deliver more value for the guests.

The Journal.
Can Burger King Regain Its Crown?

And we're gonna be capturing huge market share with what we're doing now.

The Journal.
Can Burger King Regain Its Crown?

And so I don't think that it's a matter of holding off.

The Journal.
Can Burger King Regain Its Crown?

I think it's a matter of us continuing to gobble up share, which I think is happening and will happen.

The Journal.
Can Burger King Regain Its Crown?

Then you can continue to gain market share.

The Journal.
Can Burger King Regain Its Crown?

No plans.