KFC has reported UK system sales up 4% in the fourth quarter ended 26 December and 3% across the year.
Parent company Yum! Brands also reported that Pizza Hut’s delivery arm grew UK system sales by 4% both in the quarter and across the year.
During the quarter worldwide system sales grew 6% and over the year the growth was 5%.
Yum! chief executive Greg Creed said: “New-unit development continues to be a bright spot for our company. We added more than 2,300 new units globally in 2015. This year we expect to open nearly 2,400 new restaurants, which means we’re opening over six new restaurants a day, laying the groundwork for future growth. With all of this in mind, we are reiterating the guidance we initially gave in December. Given the results we have seen year-to-date and the plans we have laid out for each of the brands, we’re confident in our ability to deliver 10% operating profit growth in constant currency in 2016.
“2016 will be a transformational year for Yum! as we are on track to complete the spin-off of our China Division, ultimately creating two powerful, independent, focused growth companies. The fundamental goal of Yum!, however, is unchanged. We are 100% dedicated to building and strengthening KFC, Pizza Hut and Taco Bell all around the world, as strong brands are critical to delivering sustained growth and creating shareholder value over the long term.”
