Restaurant Brands' Third Quarter Sales up 9.4%

17/12/2015 9:19:11 AM

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Retaurant Brands' total sales for the third quarter of the financial year (12 weeks ended 7 December 2015) were $88.7 million, an increase of 9.4% or $7.6 million on the equivalent period last year.

Of the total increase, KFC contributed $3.8 million, driven by solid same store sales growth.  Carl's Jr. contributed a further $4.0 million, mostly from higher store numbers following the acquisition of seven Auckland-based Carl's Jr. stores in December 2014.

Same store sales for the company were up 3.7%, led by KFC which grew 3.7%.  Starbucks Coffee sales were up 6.6% and Pizza Hut up 4.2%.  Carl's Jr. was slightly down by 2.5%.