Restaurant Brands' First Quarter Sales up 14.7%

4/06/2015 10:37:06 AM

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Restaurant Brands' total sales during the first quarter of the financial yesar (12 weeks ended 25 May 2015) were $89.1 million, an increase of 14.7% or $11.4 million on the equivalent period last year.

Of the total increase, KFC contributed $7.5 million, driven by strong same store sales.  Carl's Jr. contributed a further $4.4 million, mostly from higher store numbers followong the acquisition of seven Auckland-based Casrl's Jr. stores.

Same store sales for the company were up 7.6%, led by KFC which grew 9.8% and Starbucks Coffee up 8.9%.  PizzaHut was slightly down at 0.5% with Carl's Jr. down 5.2%.