Restaurant Brands posts 45% jump in 3rd-qtr sales on Australian, Hawaiian stores

Wed, 13 Dec 2017

By Jonathan Underhill Dec. 14 (BusinessDesk) - Restaurant Brands New Zealand said third-quarter sales jumped 45 percent, driven by the contribution from Taco Bell and Pizza Hut outlets acquired in Hawaii, Guam and Saipan in March and from additional KFC stores in Australia. Sales rose to $173.3 million in the 12 weeks ended Dec. 4, from $119 million a year earlier, the Auckland-based company said in a statement. Same-store sales rose to $124 million from $117 million. Restaurant Brands holds the rights to the KFC, Pizza Hut, Starbucks...

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