For its US stores, which number about 21,000 units, same-storesales rose 1%. Taco Bell was the leader, rising 5%, followed byKFC's 2% increase. However, Pizza Hut took a hit, and comps for thechain fell 7%.
"I can assure you we are putting a full-court press on makingprogress at Pizza Hut," said David Novak, Yum's chairman and chiefexecutive officer, during a conference call. The company is nowinstituting a turnaround plan for the chain, and Novak says that itcould turn in favorable results as early as the fourth quarter. Heblames Pizza Hut's slide on high energy prices and consumer creditcosts.
In all, US stores revenues were $1.33 billion, falling from$1.38 billion from the same year-ago period, due to the sale ofrestaurants to franchisees. The domestic units had a profit of $194million, up from $185 million.
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