News

Brazilian Pizza Huts faring exceptionally well

August 16, 2010

Brazil Fast Food Corp., the country's second-largest restaurant chain with 735 points of sale, operating in Brazil under the Pizza Hut São Paulo brand as franchisee of Yum! Brands, and Doggis as franchisee of GED, has announced financial results for the second quarter ended June 30, 2010. Pizza Hut led the portfolio of brands’ performance in terms of comps and growth: The pizza concept enjoyed a 12.7 comps increase from Q2 2009.

Net revenue for company-owned and operated outlets was up 5.4 percent to R$35.2 million (US $19.9 million) over the same period in 2009 due to the launch of Doggis brand in the fourth quarter of 2009, implementation of delivery sales at KFC as well as increase in number of Pizza Hut stores to 16 in the second quarter of 2010, compared to 14 in the second quarter of 2009.