Restaurant Brands lifts first-qtr sales 1.6% as NZ KFC chain shines

Thu, 30 May 2019

By Jenny Ruth May 30 (BusinessDesk) - Restaurant Brands’ New Zealand KFC chain was the star of its first-quarter report, lifting sales 6.7 percent from a year earlier and contributing the most to the company’s overall 1.6 percent sales increase. The fast food operator’s sales for the 12 weeks ended Feb. 26 rose to $182.8 million, from $180 million in the year-earlier quarter. The NZ KFC chain contributed $80 million, up from $75 million. KFC opened three New Zealand stores in the latest period, taking store numbers to 97. Sales through...

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