Pizza Hut sales rise 1% in November

 
Dec. 4, 2002

LOUISVILLE, Ky. -- Yum! Brands Inc. reported Dec. 5 that November same-store sales at Pizza Hut's U.S. company-owned stores rose 1 percent in the four-week period ended Nov. 30 (the company's Period 12).

This marks the second-consecutive month Pizza Hut's corporate stores (open for more than one year) notched sales increases. The same units saw same-store sales rise 5 percent in October (See "Pizza Hut domestic company store sales rise 5% in October"), largely due to the late September introduction of its Chicago Dish pizza (See "Pizza Hut rolls out Chicago-style pizza").

The company does not report sales at its domestic or international franchised stores.

Same-store sales at its best-known sister concepts were mixed; Taco Bell's numbers rose 6 percent, while KFC's fell 4 percent.

Yum estimated its international system sales, nearly all of which come from Pizza Hut and KFC stores, for the period would rise 9 percent (after conversion into U.S. dollars).

Yum did not publish sales numbers at Long John Silver's or A&W All American Foods. The quick service conglomerate purchased both chains this past spring.


Topics: Public Companies


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