Devyani, a franchisee of Yum Brands, operates KFC, Pizza Hut and Taco Bell restaurants in India.
Same-store sales performance of Devyani’s core brands KFC and Pizza Hut has been subdued in recent quarters. In the September quarter (Q2FY24), KFC and Pizza Hut same store sales fell by 4% and 10.4%, respectively. This marks the second and fourth consecutive quarter of drop in same-store sales for KFC and Pizza Hut, respectively. Same-store sales measure the comparable sales over a particular period.
Denne historien er fra November 14, 2023-utgaven av Mint Mumbai.
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Denne historien er fra November 14, 2023-utgaven av Mint Mumbai.
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