ok here it is.

KFC -makes money- good margins.
Pizza hut - no money- good margins, but brand is screwed. And is going down fast.
starbuck- losses money- terrible margins (winter is death).

In a nut shell pizza hut and starbucks drags the whole thing down.

In another nut shell KFC is the only person in it's market, so they do well. If broken off they would be a star. Pizza hut is in trouble...big trouble.

Seen it, worked on it, read real figures and they are screwed long term. Unless they do something amazing.

LMFM



quote:Originally posted by winner69

quote:Originally posted by kura


By the way, has anyone bothered (I havent) to analyse where profits come from by division (KFC,pizza,starbucks) ? As I wonder if they could sell KFC and concentrate on the divisions with growth potential ? Just a thought.
Problem with that a fair chunk of their profit (and thus divs) come from KFC ..... Starbucks prob run at a loss and PH make some (prob marginal although improving) profit

RBD are very very coy about disclosing any financials below their "concept ebitda" line .... and their is significant expenses below that that need to be apportioned between the concepts .... they are not keen to share anything either as i have tried