_fast-food-restaurants-reports-decline-in-same-store-sales-reflecting-inflation-and-consumer-pressures.jpg "Fast Food Restaurants Reports Decline in Same-Store Sales, Reflecting Inflation and Consumer Pressures from what is 4 out of 32 as a percentage Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:48
👁 View: 705K times
✓ Published: 04-May-2024
👁 View: 705K times
✓ Published: 04-May-2024
Description:
Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, reported a 3% decline in same-store sales for the first quarter, which was expected due to inflation, consumer demand pressures, and geopolitical issues. Pizza Hut and KFC saw same-store sales declines of 7% and 2%, while Taco Bell grew by 1%. Starbucks reported a 4% drop in global comparable store sales driven by a 6% transaction decline, as more cautious consumers cut back. McDonald's comparable sales grew just under 2% in the first quarter, as the CEO noted broad consumer price pressures reducing discretionary spending.
Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, reported a 3% decline in same-store sales for the first quarter, which was expected due to inflation, consumer demand pressures, and geopolitical issues. Pizza Hut and KFC saw same-store sales declines of 7% and 2%, while Taco Bell grew by 1%. Starbucks reported a 4% drop in global comparable store sales driven by a 6% transaction decline, as more cautious consumers cut back. McDonald's comparable sales grew just under 2% in the first quarter, as the CEO noted broad consumer price pressures reducing discretionary spending.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_10-details-that-baby-reindeer-left-out.webp "Some of the most shocking details didn't make it into “Baby Reindeer.” Welcome to MsMojo, and today we’re looking at significant aspects of Richard Gadd’s life that were either tweaked or omitted from this Netflix series.")
_4-out-1-in-motion-offense-wave.webp "Trent Hearn")
_kadhaipoma-chapter-4-teaser-124-blacksheep-studios.webp "BlackSheep Studios")
_star-studded-dinner-ranbir-kapoor-alia-bhatt-karan-johar-junior-ntr-amp-others-spotted-last-night.webp "Ranbir Kapoor, Alia Bhatt, Karan Johar, Junior NTR, Hrithik Roshan, and more gathered for a star-studded dinner. Laughter and good company filled the air as Bollywood's finest enjoyed a night out.")
⏲ 2:15 👁 16.6M
_4-out-1-in-offense-setup-and-basics.webp "Coach Marc Hensley")
_take-a-tour-of-the-food-hall-at-sheffield39s-moor-market.webp "There's something for all tastes, and budgets.")
_out-for-love-andrew-underberg-high-quality-music-video.webp "RiPL3YuM")
_options-in-the-4-out-ball-screen-continuity-offense.webp "Championship Productions")
_10-details-that-baby-reindeer-left-out.jpg)
_4-out-1-in-motion-offense-wave.jpg)
_kadhaipoma-chapter-4-teaser-124-blacksheep-studios.jpg)
_star-studded-dinner-ranbir-kapoor-alia-bhatt-karan-johar-junior-ntr-amp-others-spotted-last-night.jpg)
_4-out-1-in-offense-setup-and-basics.jpg)
_take-a-tour-of-the-food-hall-at-sheffield39s-moor-market.jpg)
_out-for-love-andrew-underberg-high-quality-music-video.jpg)
_options-in-the-4-out-ball-screen-continuity-offense.jpg)
![[+]](/images/menu.gif){kind=small}