Pizza Hut 2004 Annual Report Download - page 33

Download and view the complete annual report

Please find page 33 of the 2004 Pizza Hut annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 85

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85

WORLDWIDE฀SYSTEM฀UNITS
฀ ฀ ฀ %฀B/(W)฀฀
฀2004฀ 2003฀ Change
Company฀฀ ฀ ฀7,743฀฀ ฀ ฀7,854฀฀ ฀ (1%)
Unconsolidated฀affiliates฀ ฀ ฀1,662฀฀ ฀ ฀1,512฀฀ ฀ 10%
Franchisees฀ ฀ ฀21,858฀฀ ฀ ฀21,471฀฀ ฀ 2%
Licensees฀ ฀ ฀2,345฀฀ ฀ ฀2,362฀฀ ฀ (1%)
Total฀ ฀ ฀33,608฀ ฀ ฀33,199฀฀ ฀ 1%
฀฀ ฀฀฀฀฀5-Year
฀ ฀ 2004฀ 2003฀ 2002฀ 2001฀ 2000฀ Growth(a)฀(b)
UNITED฀STATES
KFC฀ ฀5,525฀฀ ฀5,524฀฀ 5,472฀ 5,399฀฀ ฀5,364฀฀ 1%
Pizza฀Hut฀ ฀7,500฀฀ ฀7,523฀฀ 7,599฀ 7,719฀฀ ฀7,927฀฀ (1%)
Taco฀Bell฀ ฀5,900฀฀ ฀5,989฀฀ 6,165฀ 6,444฀฀ ฀6,746฀฀ (3%)
Long฀John฀Silver’s฀ ฀1,200฀฀ ฀1,204฀฀ 1,221฀ —฀ —฀ NM
A&W฀ ฀485฀฀ ฀576฀฀ 665฀ —฀ —฀ NM
Total฀U.S.(c)฀ ฀20,610฀฀ ฀20,822฀฀ 21,126฀฀ ฀19,562฀฀ ฀20,037฀฀ (1%)
INTERNATIONAL
KFC฀ ฀7,741฀฀ ฀7,354฀฀ ฀6,890฀฀ ฀6,416฀฀ ฀5,974฀฀ 7%
Pizza฀Hut฀ ฀4,774฀฀ ฀4,560฀฀ ฀4,431฀฀ ฀4,272฀฀ ฀4,157฀฀ 4%
Taco฀Bell฀ ฀238฀฀ ฀249฀฀ ฀267฀฀ ฀239฀฀ ฀249฀฀ 1%
Long฀John฀Silver’s฀ ฀34฀฀ ฀31฀฀ ฀28฀ —฀ —฀ NM
A&W฀ ฀210฀฀ ฀183฀฀ ฀182฀ —฀ —฀ NM
Total฀International฀(d)฀ ฀12,998฀฀ ฀12,377฀฀ ฀11,798฀฀ ฀10,927฀฀ ฀10,380฀฀ 5%
Total฀(c)(d)฀ ฀33,608฀฀ ฀33,199฀฀ ฀32,924฀฀ ฀30,489฀฀ ฀30,417฀฀ 1%
(a)฀Compound฀annual฀growth฀rate;฀total฀U.S.,฀International฀and฀Worldwide฀exclude฀the฀impact฀of฀Long฀John฀Silver’s฀and฀A&W.
(b)฀Compound฀annual฀growth฀rate฀excludes฀the฀impact฀of฀transferring฀30฀units฀from฀Taco฀Bell฀U.S.฀to฀Taco฀Bell฀International฀in฀2002.
(c)฀Includes฀6฀and฀4฀Yan฀Can฀units฀in฀2003฀and฀2002,฀respectively.
(d)฀Includes฀1฀unit฀in฀2004฀for฀an฀Asian฀food฀concept฀in฀China.
BREAKDOWN฀OF฀WORLDWIDE฀SYSTEM฀UNITS
฀ ฀ ฀ Unconsolidated฀฀
2004฀ ฀ Company฀ Affiliate฀ Franchised฀ Licensed฀ Total
UNITED฀STATES
KFC฀ ฀ ฀1,248฀฀ —฀฀฀ ฀4,202฀฀ ฀75฀฀ ฀5,525฀
Pizza฀Hut฀ ฀ ฀1,741฀฀ —฀฀฀ ฀4,565฀฀ ฀1,194฀฀ ฀7,500฀
Taco฀Bell฀ ฀ ฀1,283฀฀ —฀฀฀ ฀3,747฀฀ ฀870฀฀ ฀5,900฀
Long฀John฀Silver’s฀ ฀ ฀700฀฀ —฀฀฀ ฀500฀฀ —฀฀฀ ฀1,200฀
A&W฀ ฀ ฀17฀฀ —฀฀฀ ฀468฀฀ —฀฀฀ ฀485฀
Total฀U.S.฀ ฀ ฀4,989฀฀ —฀฀฀ ฀13,482฀฀ ฀2,139฀฀ ฀20,610฀
INTERNATIONAL
KFC฀ ฀ ฀1,751฀฀ ฀897฀฀ ฀5,028฀฀ ฀65฀฀ ฀7,741฀
Pizza฀Hut฀ ฀ ฀989฀฀ ฀765฀฀ ฀2,926฀฀ ฀94฀฀ ฀4,774฀
Taco฀Bell฀ ฀ ฀13฀฀ —฀฀฀ ฀180฀฀ ฀45฀฀ ฀238฀
Long฀John฀Silver’s฀ ฀ —฀฀฀ —฀฀฀ ฀33฀฀ ฀1฀฀ ฀34฀
A&W฀ ฀ —฀฀฀ —฀฀฀ ฀209฀฀ ฀1฀฀ ฀210฀
Total฀International฀(a)฀ ฀ ฀2,754฀฀ ฀1,662฀฀ ฀8,376฀฀ ฀206฀฀ ฀12,998฀
Total฀(a)฀ ฀ ฀7,743฀฀ ฀1,662฀฀ ฀21,858฀฀ ฀2,345฀฀ ฀33,608฀
(a)฀Includes฀1฀unit฀in฀2004฀for฀an฀Asian฀food฀concept฀in฀China.
Unit฀Information
฀ Yum!฀BRANDS฀ 34
฀ MCDONALD’S฀ 32
฀ SUBWAY฀ 23
฀ BURGER฀KING฀ 11
฀ WENDY’S฀ 10
DOMINO’S฀PIZZA฀ 8
฀ DAIRY฀QUEEN฀ 6
฀ AFC*฀ 4
฀ *Includes฀Popeye’s,฀Church’s,฀Cinnabon฀&฀Seattle’s฀Best฀Coffee
WORLDWIDE฀UNITS
2004฀(in฀thousands)
31