Guarded guidance follows challenging 2023.

New products expected to be ‘bigger and better.’

Implementing a software program also affects the fourth quarter negatively.
 

Same-store sales rise, but Middle East unrest impacts KFC and Pizza Hut.

Sights set on fiscal ’24 after 39% earnings gain in ’23.

Company expects volume to improve in 2024.

Focused on innovation, reducing SKUs.

CEO sees price as being more important than a value message.

Net sales increase 26% in Q1.
 

Strategic partnerships remain key path to growth.