Yum! Brands has reported system sales growth for its KFC and Pizza Hut brands in India by 22% and 9%, respectively, for the second quarter ended June 30, 2019. This is the eleventh consecutive quarter of positive system sales growth for both brands in the country.
The fast food company measures growth through system sales, that includes the results of all restaurants regardless of ownership, including company-owned and franchise restaurants.
Samir Menon, Managing Director, KFC India, said, “The quarter ending June (Q2 2019) marked the eleventh consecutive quarter of positive system sales growth, with a 22% system sales growth, for India and area countries. The results signify the brand’s continued positive momentum for the last three years.”
Besides Pizza Hut and KFC, Yum! also runs the Taco Bell brand of fast food globally.
Earlier in 2019, Taco Bell has announced plans to launch 600 restaurants over the next 10 years, to make India its largest market outside the US. The plan comes after the company signed New-Delhi based Burman Hospitality Pvt Ltd as its master franchise partner for the brand in India.
Ankush Tuli, Managing Director, Taco Bell APAC, stated, “Taco Bell is gaining significant momentum in India, with a strong quarter of double-digit same-store sales growth. This happened on the back of value offerings such as the Big Bell Box and introduction of global innovations like the Quesalupa.”
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