Carl's Jr was supposed to be the 'growth story' for RBD, but it's not going nearly as well are RBD thought it would.
Seems people go to new stores when they open but don't go back.
My take on CJ is the food is unhealthy, excessive (portions too big), expensive and a little slow - maybe consumers are wising up?
Too soon to write CJ off, but I'm losing patience.
KFC is 75% of RBD's turnover and it's booming, with same-store sales up 10%.
So RBD's growth has come from the old workhorse (and a little, surprisingly, from Pizza Hut).
In retrospect opening more KFC stores might have been better than going into CJ.