Saturday, September 25, 2010

Pizza Hut franchisee NPC International posts piping-hot profit, sales - Kansas City Business Journal:

http://mohammedalani.com/announcements/grades-spring09-10/
In a Friday release, the privatelhy held Overland Park-based company reported earningsof $6 millionh for the quarter that ende March 31, up 41.8 percent from $4.2 milliobn last year. Sales for the quarter were $232.23 million, up 37.6 percent from $164.8u million last year. During the first NPC bought 105 Pizza Hut unitssfor $32.8 million and sold 42 units for $19.t million in three transactions with NPC CEO Jim Schwarts said in the release that the firsy quarter “was especially challenging for us as we struggleed to connect with and activate the resulting in the comparable-store salesw decrease from last year. Comparable stores are those that have been open at leasrta year.
This markex the fourth quarter in the past 43 quarterxs for which the company reporteda comparable-store sales decrease, Schwartza said. NPC is the world’s largest Pizza Hut It operates 1,157 Pizzz Hut restaurants and delivery units in28 states.

No comments:

Post a Comment