Yum Brands said Tuesday that Taco Bell's U.S. same-store sales have declined by high-single digits so far in the quarter.
Yum Brands said Tuesday that Taco Bell's U.S. same-store sales have shrank so far in the quarter as it loses breakfast and late-night customers.Outside of the U.S., Yum said that results are still "choppy" due to temporary restaurant closures.
A deliveryman is seen passing by a closed Taco Bell restaurant during the 45th day of state of alarm on April 28, 2020 in Barcelona, Spain.upends consumers' normal routines, Taco Bell is losing critical breakfast and late-night sales.said Tuesday that the chain's U.S. same-store sales have declined by high-single digits so far in the quarter ending June 30, although they turned positive from the end of April through May.
On the other hand, both KFC and Pizza Hut reported domestic same-store sales growth so far in the quarter. The company did not disclose same-store sales results for Habit Burger Grill, the smaller burger chain it acquired earlier this year. The crisis has helped Pizza Hut, which is typically the laggard of Yum's portfolio, grow its digital and delivery sales, a long-term goal of the brand as it shies away from its reputation as a dine-in pizzeria. Yum said that in early May, the U.S. division of the pizza chain recorded its highest delivery and carryout average sales week in the last eight years.Yum said in the regulatory filing that sales outside of the U.S.
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