Pizza Hut and KFC owner Yum! Restaurants has reported its third straight drop in the quarterly same-store sales in India for the April-June period, states a leading daily. The company reported a 2 percent decrease in its same-store sales in the country whereas sales in China bounced back in the quarter.
Same-store sales for the company in India recorded a 4 percent decease year-on-year in the quarter ended December 2013. It then witnessed a 1 percent fall in the following quarter, the paper reported.
The same-store sales for Yum! China, however, registered a growth of 15 percent, owing to the menu revamp of KFC. China sales saw an increase of 21 percent overall and opened 104 restaurants.
Yum! Restaurants plans to continue expanding in India by opening over 100 outlets.
