date:Jul 18, 2014
estaurants.
We were a little surprised. We thought Q2 would be stronger than it was, said Doolin, who added that the recovery in fast food was less robust than in the fast-casual segment dominated by burrito chain Chipotle Mexican Grill Inc.
Yum on Wednesday reported a 2 percent drop in second-quarter sales at established U.S. Pizza Hut restaurants, which continue to struggle.
We now expect full-year operating profit at Pizza Hut to fall well short of our initial expectations, Yum Chief Execu