The numbers speak for themselves.
Under her watch, the company has made good on opening more “urban” non-drive-thru locations across the U.S. The so-called “in-line” stores are part of a Taco Bell strategy to grow restaurants in urban settings that Taco Bell has ignored because building a drive-thru was often not plausible. But with more Millennials living in urban environments, the brand is seeing advantages of extending its reach into these markets. Many of the new concepts are Taco Bell Cantinas, which serve alcohol and unique food offerings.
Last year, Masino doubled the number of urban store openings last year, including three in New York City. To date, the company has opened 42 urban store locations. Of those, 24 are cantinas.
Overall, Masino’s first year looks good on the books. Taco Bell is outperforming the industry.
Same-store sales in the industry grew 1% during the first quarter of the year, according to TDn2K’s latest Black Box Intelligence data. Excluding February, where extremely bad weather hurt all restaurants, every month since June of 2018 showed positive gains between 0.5% and 2%, TDn2K reported this month.
Same-store sales at Taco Bell, a division of Yum Brands, were positive in all four quarters of 2018: up 1% in Q1 of 2018; up 2% in Q2; up 5% in Q3 and up 6% in the latest quarter, Q4. By comparison, the chain posted same-store sales gains of 3% and 2% during Niccol’s final two quarters as CEO.