KFC Japan's profit triples as customers brush aside higher prices

New and limited offerings help maintain store traffic in April-June quarter

20230806N KFC Japan

The chicken burger lineup was expanded to five sandwiches from two, drawing new and younger customers. (Photo courtesy of KFC Japan)

SHINO KATAYAMA, Nikkei staff writer

TOKYO -- KFC Holdings Japan is expected to report group pretax profit of about 800 million yen ($5.64 million) for the April-June quarter, triple the total from a year earlier, as new and limited offerings attract customers despite broad price hikes.

Consolidated sales climbed roughly 10% to around 24 billion yen. Same-store sales for directly operated branches and franchise locations of the chicken restaurant chain increased 11.3%, with per-customer spending rising 9.9%. Customer traffic edged 1.3% higher.

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