Yum! Brands Inc., the operator or franchisor of KFC, Pizza Hut and Taco Bell, reported that same-store sales for its 5,400-plus-unit system in China declined an estimated 20 percent in the first quarter, which encompasses only January and February. The 20-percent decline comprises an estimated 24-percent decrease in first-quarter same-store sales at KFC, as well as a 2-percent drop at Yum China’s other major brand, Pizza Hut Casual Dining. The figure includes a 2-percent ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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!

Already registered? here.