Moody's Investors Service Thursday changed the rating outlook on Burger King Corp. (NYSE:BKC) to stable from negative.
The agency also affirmed ratings on the Miami-based fast-food company, including its Ba2 corporate family rating.
Moody's said the stable outlook reflects its expectation that a continued improvement in operating performance, driven by positive traffic and average check, should further strengthen debt-protection metrics and liquidity.
The agency also affirmed ratings on the Miami-based fast-food company, including its Ba2 corporate family rating.
Moody's said the stable outlook reflects its expectation that a continued improvement in operating performance, driven by positive traffic and average check, should further strengthen debt-protection metrics and liquidity.
