Originally Posted by
Onthemoney
Okay quarterly announcement soon. I note new Pizza Hut menu - very simplistic and certainly heading in the right direction for the simplistic consumers of their absolute rubbish product.
Anyway I predict more of the same. Same store sales down for Pizza Hut... comments about new menu strategy and new marketing only just kicking in (same comments for past 5 years remember the gourmet range etc and the pizza mutt strategy). We are working hard to turn the brand around. Down 9% on same store level.
KFC continuing growth particularly in refitted stores. Plus 2-3 % on same store level.
Starbucks - static turnover and move to close stores that are bastardising others turnover. No growth.
Talk about increased cost pressure particular with commodity linked products cheese etc. Continual wage pressure etc. Directors and management working hard for the success of the 3 brands.... Well what else would you expect.... We are confident with current strategy in today's difficult environment and are looking forward to a respectable end year result.....
Blah Blah same old I say....