Restaurant Brands Q2 sales hit by covid-19

Wed, 29 Jul 2020

Restaurant Brands said its Q2 sales were “materially impacted by government-mandated trade restrictions implemented in response to covid-19.” Total sales for the KFC and Pizza Hutt operator in the three months to June 30 were $183.3 million, down 11 percent on the year. All stores in New Zealand were closed between March 25 and April 28 and only open for delivery and drive through until May 14.Second quarter total sales for New Zealand were $76.6 million, down 28.8 percent on the year. In Australia, second quarter...

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