Assertion Contradicted AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Behring: Burger King directly operated nearly 2,000 corporate stores globally pre-acquisition

Alex Behring · The Secretive PE Firm Behind Burger King, Tim Hortons, Skechers and Hunter Douglas (3G Capital) · Invest Like The Best · Feb 10, 2026 · at 56:06

3G Capital co-managing partner Alex Behring discusses the operational distractions and lack of focus Burger King had prior to 3G's acquisition.

0:00 / 0:04exact quote · 4.7s

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“That's something that we fixed, but it had almost 2000 restaurants around the world.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Burger King directly operated almost 2,000 corporate restaurants worldwide at the time 3G Capital acquired the company.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

In Burger King Holdings, Inc.'s Form 10-K for the fiscal year ended June 30, 2010 (filed with the SEC on August 26, 2010, immediately prior to 3G Capital's October 2010 acquisition), the company reported 1,387 company-operated restaurants worldwide out of 12,174 total system restaurants. In the preceding fiscal years, company-operated units totaled 1,429 (FY 2009) and 1,360 (FY 2008). While Burger King operated a substantial corporate footprint that 3G subsequently re-franchised, the actual count of 1,387 falls well short of 'almost 2,000' (a discrepancy of over 30%, exceeding the standard 15% threshold for an offhand estimate).

Burger King Holdings, Inc. Form 10-K for the fiscal year ended June 30, 2010 reported 1,387 company-operated restaurants worldwide (11.39% of the 12,174 total system).
Form 10-K filings for FY 2009 and FY 2008 reported 1,429 and 1,360 company-operated restaurants worldwide, respectively.
No official corporate SEC filing prior to or during the 2010 acquisition reported company-operated units approaching 2,000.

Checked against

[1] sec.gov [2] sec.gov [3] studocu.vn [4] sec.gov [5] scribd.com [6] sec.gov [7] sec.gov [8] sec.gov

Burger King 2010 10-K "Company restaurants" "12,174" OR "12,000" OR "1,387" OR "1,400" "Burger King Holdings" "10-K" 2010 "Company restaurants" OR "Company-operated" OR "franchised restaurants" "3G Capital" acquired Burger King "October 19, 2010" OR "September 2, 2010" "Burger King Holdings" 2010 Form 10-K "June 30, 2010" restaurant count "Company" "franchised" "June 30, 2009" "1,429" OR "1,422" "Burger King Holdings" "Company restaurants" "Burger King Holdings" "June 30, 2009" "10-K" "Company restaurants" OR "Company-operated" "Burger King Holdings, Inc." "June 30, 2010" "Company-operated" OR "Company restaurants" 10-K

assessed as of 2026-09-05

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

3G Capital Alex Behring Burger King

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Behring: Burger King directly operated nearly 2,000 corporate stores globally pre-acquisition

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