Pizza Hut
Coverage examines the strategic direction, operational changes, and brand evolution of a major player in the UK casual dining and delivery space, including franchise activity, menu updates, digital innovation, marketing campaigns, and store format shifts. Reporting offers insights for operators monitoring high-street dining trends, QSR-casual hybrids, and competitive dynamics in the pizza and food-to-go categories.
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Oct- 2023 -4 OctoberNews
Today’s news in brief – 04/10/23
Tortilla revenues grew 22% to £32.7m during the 26 weeks ending 2 July, due to eased cost pressures and increased consumer confidence. However, Adjusted EBITDA decreased from £2.5m in H1 2022 to £1.8m due to the absence of government support received in the prior year. The group also integrated Chilango…
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4 OctoberBusiness
Consumers spend 6.5p per pound on eating and drinking out, says CGA
Consumers spent 6.5 pence of each pound on out-of-home eating and drinking between January and July 2023, according to data from CGA. The new Brand Track Plus combines consumers’ out-of-home preferences with card spending data to deliver analysis of engagement with key hospitality brands. The tracker gives insights into spending…
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Aug- 2023 -4 AugustFood and Drink
Yum Brands income surges 86% in Q2
Yum Brands, the operator of KFC, Pizza Hut and Taco Bell, has reported that its net income surged 86% to $418m (£328.9m) for the second quarter ended 30 June. By the end of Q2, the group’s total revenues reached $1.69bn (£1.33bn), spelling an increase of 3% from $1.64bn (£1.29bn) in…
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3 AugustRestaurants
Pizza Pilgrims joins Zero Carbon Forum
Pizza Pilgrims has joined the Zero Carbon Forum to accelerate its progress to net zero, as well as to share its sustainability insight and learnings across the sector. According to the pizza chain, one of the biggest challenges that pizza companies face is how to address the environmental impact of…
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Jun- 2023 -26 JuneNews
Shake Shack UK operator losses widen to £4.6m in FY22
Diverse Dining, the operator behind Shake Shack UK, has reported its full-year losses widened to £4.6m for the year ended in December 2022, despite welcoming a sales increase from £34.8m to £44.2m. The food operator said that sales increased throughout the period, despite the closing of certain delivery kitchens and…
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May- 2023 -5 MayNews
Yum! Brands income falls by 25% to $300m in Q1
Yum! Brands, which operates restaurant chains KFC, Taco Bell, Pizza Hut and Habit Burger Grill, has announced that net income fell by 25% to $300m (£238m) in Q1, down from $399m (£316m) the prior year. Despite this, revenues for the brand rose by 6% to $1.6bn (£1.4bn) in the first…
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Mar- 2023 -16 MarchNews
Delivery and takeaway sales continue to drop, CGA reports
Delivery and takeaway sales in Britain have again experienced a fall compared to last year, according to the new Hospitality at Home Tracker from CGA by NIQ. The tracker revealed that compared to February 2022, combined sales of delivery and takeaway food last month declined by 6% as more customers…
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Dec- 2022 -22 DecemberRestaurants
Top 10 UK casual dining brands to expand presence in 2022
According to the latest data from the Lumina Intelligence Operator Data Index, the top 10 UK casual dining brands are forecast to grow their combined outlet count by +1.1% to 5,566. This growth is set to be driven by Pret A Manger (+7.5%), Nando’s (+4.0%) and KFC (+2.1%). In contrast,…
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Nov- 2022 -3 NovemberRestaurants
Jamaica Blue opens café in Manchester Arcade
Café brand Jamaica Blue has opened its first café in Manchester after agreeing to take a 4,206 sq ft two-floor unit in Manchester Arcade on a 10-year lease. Founded in Australia in 1992, Jamaica Blue currently has over 130 cafes, in seven different countries, seventeen of which are in the…
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3 NovemberRestaurants
Yum Brands digital sales reach £5.3bn in Q3
Yum Brands, the parent company of KFC, Taco Bell and Pizza Hut, revealed its digital sales reached approximately $6bn (£5.3bn), with digital mix exceeding 40%, during the third quarter ended 30 September 2022. The parent company also revealed that its Q3 GAAP operating profit grew by 4%, while its core…
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