NEW ZEALAND: Starbucks, Pizza Hut NZ franchiser reports sales hike
Restaurant Brands NZ , a New Zealand operator of international restaurant formats, has reported sales up 14.3% to NZ$60.5m (US$24.8m). Same-store sales rose more modestly by 3.6% in the 12 weeks ended 10 September. Sales in the Starbucks stores rose the most impressively, climbing 54.4% to NZ$3.9m, masking a same-store decline of 1.2%.
Same-store sales rose more modestly by 3.6% in the 12 weeks ended 10 September.
Sales in the Starbucks stores rose the most impressively, climbing 54.4% to NZ$3.9m, masking a same-store decline of 1.2%. Pizza Hut sales rose 46% to NZ$16.1m on same-store sales up 11.6%. KFC sales eased up just 2.8% to NZ$40.6m with same-store sales up 3%.
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