_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 cherona fast code 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: 1.1M times
✓ Published: 04-May-2024
👁 View: 1.1M 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
_ncis-intensifies-think-fast-on-cbs39-thrilling-hit-series.webp "Dive into the intense action of NCIS Season 21 Episode 10 with the riveting \")
_learn-coding-fast.webp "Stefan Mischook")
_how-you-can-code-faster.webp "bigboxSWE")
_everyone-codes-faster-when-they-stop-using-their-mouse.webp "Low Level Learning")
_this-algorithm-is-1606240-faster.webp "ThePrimeagen")
_sports-cars-at-newby-hall.webp "Sports cars at Newby Hall")
_how-to-learn-to-code-fast-do-this-or-keep-struggling.webp "Andy Sterkowitz")
_ncis-intensifies-think-fast-on-cbs39-thrilling-hit-series.jpg)
_learn-coding-fast.jpg)
_how-you-can-code-faster.jpg)
_everyone-codes-faster-when-they-stop-using-their-mouse.jpg)
_this-algorithm-is-1606240-faster.jpg)
_sports-cars-at-newby-hall.jpg)
_how-to-learn-to-code-fast-do-this-or-keep-struggling.jpg)
![[+]](/images/menu.gif){kind=small}