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Pizza Hut sales slip 9% in June

June 21, 2006

LOUISVILLE, Ky. — Yum! Brands, parent of Dallas-based Pizza Hut, reported comparable-store sales at the 1,800 corporate units dropped 9 percent for the four weeks ended June 17. In the same period last year, comps were flat.

Comps for the first two quarters of 2006 were down 7 percent versus up 2 percent in 2005.

The chain does not report comps at its franchised units.

Pizza Hut has posted negative comps in every period of 2006 except for February, when sales rose 1 percent.
 
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