Pizza Hut 2008 Annual Report Download - page 156
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34
System Sales Growth
System sales growth includes the results of all restaurants regardless of ownership, including Company-owned, franchise,
unconsolidated affiliate and license restaurants. The following tables detail the key drivers of system sales growth for
each reportable segment by year. Same store sales growth is the estimated growth in sales of all restaurants that have
been open one year or more. Net unit growth and other represents the net impact of actual system sales growth due to
new unit openings and historical system sales lost due to closures as well as any necessary rounding.
2008 vs. 2007
U.S. YRI
China
Division Worldwide
Same store sales growth (decline) 2% 4 % 6% 3%
Net unit growth and other 1 4 14 4
Foreign currency translation (“forex”) N/A 2 11 1
% Change 3% 10 % 31 % 8 %
% Change, excluding forex N/A 8 % 20 % 7 %
2007 vs. 2006
U.S. YRI
China
Division Worldwide
Same store sales growth (decline)
—
% 6% 10% 3%
Net unit growth and other
—
4 14 3
Foreign currency translation (“forex”) N/A 5 7 2
% Change
—
% 15% 31% 8%
% Change, excluding forex N/A 10% 24% 6%
Form 10-K