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QSR chain KFC, owned by Yum! Brands Inc, reported a system sales growth of 26 per cent in the first quarter ended March 31 in India. Yum! Brands-owned Pizza Hut posted a system sales growth of 11 per cent in the first quarter ended March 31.
The company said this also marked the brand’s tenth consecutive quarter of positive system sales growth in India and area countries. System sales is a metric similar to same store sales measured through sales at outlets operational for at least a year.
Samir Menon, MD, KFC India, said, “This continued momentum attests to our three pronged strategy on building our core business through exciting innovations , strengthening affordability and expanding access.”
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