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Cyclospora outbreak clouds strong earnings for Taco Bell’s parent company
['Cnn Newsource']
KION546
But more recent sales took a hit after the cyclospora outbreak plunged the company’s most important brand into a food-safety crisis.
Sales at Taco Bell have fallen 2% from the end of June through July 27, executives said an earnings call Thursday.
Sales from all KFC, Pizza Hut and Taco Bell stores open at least one year grew 3% worldwide.
“Taco Bell remains the star of the show,” said Ben Parker, associate consulting director at GlobalData, in a note.
To win back customers, Taco Bell last week rolled out those one-day promotion of lettuce-free menu items for $1 each.