For the fifth straight quarter, fast-food major Yum! Brands, which operates Pizza Hut, KFC and Taco Bell in India, saw strong sales growth, pointing to a recovery in food services, analysts said.
For the July-September period, KFC reported a system sales growth of 8 per cent and Pizza Hut of 7 per cent. System sales growth is industry parlance for overall topline growth.
Yum! did not disclose same-store sales growth (SSG), which is basically sales growth for stores one year and above. However, Yum! did give a sense of SSG for the September quarter, saying emerging markets (which includes India)