OVERLAND PARK Kan. Despite a 5.4 percent revenue increase driven by new restaurant acquisitions and increased same-store sales, NPC International Inc., the operator of 873 franchised Pizza Hut units, reported a 97-percent drop in fourth-quarter profit, mainly because of increased interest expenses and other costs related to its May 2006 acquisition by Merrill Lynch Global Private Equity. For the quarter ended Dec. 26, NPC earned $395,000, compared with a profit of $13.6 million in the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com