Source: Dallas Morning News
Jim Schwartz, president and chief executive of NPC International Inc., said he was disappointed and “frankly frustrated” with the company’s 12.6 percent drop in same-store-sales from continuing operations for the quarter that ended June 30.
It was the third consecutive negative quarter for the Overland Park, Kan.-based company, due in part to difficult comparisons to last year’s sales tally. That’s when Addison-based Pizza Hut launched its line of Tuscani pastas. Schwartz noted that cash-strapped consumers have been looking for less expensive meals, even among the pizza players.
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Ryan is an attorney and valuation specialist residing in Chicago. He chronicles his thoughts and research on FranchisePundit.com. You may reach him by email ryanknoll@gmail.com or mobile telephone 312-715-8115.
Hello,
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This ist the URL: http://www.franchise-startup.de
CU
Getting a negative result for three consecutive quarters is quite unfortunate. This is the reason why it is best to evaluate a certain franchise opportunity before investing in it to determine if it really fits your goal, skills, your targer financial investment, and lifestyle. You cannot run a business well if it doesn’t fit your personality and skills. On the other hand, it is also important to conduct your due diligence to have a thorough knowledge on how a particular franchise opportunity is performing in the market. This points to the current franchisees as a very good information resource about the franchise you are aiming to invest into.
Who were these lower-cost pizzerias? I live in Minnesota, which is a pretty ‘pizza-starved’ region of the country. We’ve got Pizza Hut, Dominos (yuck) and Papa John’s. That’s pretty much it. Also, are these other pizzerias restaurant-style, take and bake, delivery, or something else? Thanks.