Back
~
1
min read
· Posted on
February 21, 2024

Pizza Hut Australia's hot performance was too tempting for Flynn Restaurant Group to resist

Flynn Restaurant Group will acquire 260 Pizza Hut stores in Australia.

What's the key learning?

  • Flynn's acquisition of Pizza Hut stores in Australia is its first international expansion.
  • Pizza Hut Australia is a top performer with 50 months of same-store sales growth, a strong indicator of having consistent performance and customer loyalty.
  • Same-store sales growth, or comparable-store sales growth, is an important metric to evaluate the performance of retail companies.

👉 Background: Flynn Restaurant Group is a big name in the franchise game globally. They operate around 2,400 restaurants across 44 states in the US, including Arby's, Wendy's and Pizza Hut US.

👉 What happened: Now, Flynn Restaurant Group will acquire the 260 Pizza Hut stores in Australia. And while this will only grow its stores by ~10%, this is Flynn's very first international expansion.

👉 What else: On top of that, Pizza Hut Australia is a top performer - they've seen 50 months of same-store sales growth.

What's the key learning?

💡Same-store sales growth, or comparable-store sales growth, is an important metric to evaluate the performance of retail companies.

💡Pizza Hut Australia has seen 50 consecutive months of positive same-store sales growth. And this is a very strong indicator of consistent performance, as well as customer loyalty.

💡A high same-store sales growth suggests that Pizza Hut is not only getting existing customers to spend more... But also attracting new customers rather than relying solely on opening new ones for revenue growth.

Ready to win at money?

Sign up for Flux and join 100,000 members of the Flux family

A button to App StoreGoogle Play store button
Excellent  4.9 out of 5
Star rating