Pizza Hut 2012 Annual Report Download - page 10

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Pizza Hut is now leading the highly competitive pizza category in terms
of both value and quality, winning with its pizza innovation and everyday
$10 large pizza offers. Given its sales and unit margin success, Pizza Hut
stepped up new unit development on Delco Lites, a smaller, more efficient
building design focused in rural areas. While we still have a lot of wood to
chop with KFC in the U.S., KFC successfully reversed the past 4 years of
negative same-store sales growth with product innovation and improved
franchise relations.
Overall in the U.S., we made very good progress with our development and
were net-unit positive for the year. We added 150 net new units at Pizza Hut
and over 30 net new units at Taco Bell.
With improved unit-level economics and strong
growth at all three brands, our U.S. business is now
firmly positioned for more consistent profit growth in
the years ahead. Our long-term goal is for Taco Bell to
go from about 5,000 to 8,000 units and Pizza Hut to
expand from over 6,000 to 8,000 units.
Product innovations helped KFC to
reverse the past 4 years of negative
same-store sales growth.
150
Net new restaurants at Pizza Hut.
Our long-term goal is for Taco Bell to
go from about 5,000 to 8,000 units.
8