Billy Vunipola returns in fashion as sharp Saracens beat ill-disciplined Sale | Premiership

Billy Vunipola marked his return from a knee injury by helping Saracens to miserable Alex Sanderson’s return to north London as they rose to second place in the league.

The No. 8, dropped out of the Harlequins’ limp on October 31, showed a man-of-the-match performance that blended power with a dexterous touch. He was involved in the pioneering attempt when sale was down to 14 men and was 13 points behind thanks to some moron from Byron McGuigan four minutes earlier that had resulted in his being sent off for the second time in his career.

McGuigan was at the boiling point when he was stopped by Sean Maitland and refused an attempt, which the winger informed him of. He was even angrier when the exercise bike Nick Tompkins AJ MacGinty refused to try shortly afterwards and a fight broke out in the goal area. McGuigan grabbed Tompkins from behind and threw him to the ground before returning and eventually being sent off.

That paved the way for Vunipola’s big moment. He stepped on Sale defense near their 22 after showing off a classic dummy, then fired a 15-yard pass from his left hand at Maitland – who hit on the wing recently vacated by McGuigan.

Byron McGuigan from Sale sees the red card from Tom Foley. Photo: Garry Bowden / Rex / Shutterstock

Sanderson, the rugby sales director, said, “Byron trains at UFC in his spare time, so maybe he just had a flashback of some sort of ultimate fighting session that he did. I haven’t spoken to him. He’s a great guy, one of the hardest workers. The emotions, the occasion, the fact that we didn’t meet – I felt that too – probably defeated him. “

Vunipola had fallen out of favor with England and Eddie Jones before his injury, but a few more appearances like this could force a rethink.

“He’s been really good again and it’s a series of games he’s been putting together for the club all season,” said Mark McCall. “He’s been inspiring all along. Eddie has just asked him to continue supporting his accomplishments, and he definitely has. “

With McGuigan off the field, Sale actually grew into the game. They had lost their captain Jono Ross when he failed a head injury assessment in the first half but Tom Curry, who had returned from England, had to come off the bench for him.

Manu Tuilagi, who did not play at all, was a major loss while Saracens sidelined Owen Farrell and Jamie George after suffering injuries at England.

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Sanderson spent 17 years as a player and coach with Saracens before returning to Sale in January to begin his playing career. He was staying at his former Saracen colleague Kevin Sorrell’s house on Friday night, and the sales force planned to go to a Wandsworth pub on Sunday night before a trip to Winter Wonderland in Hyde Park.

But they went into the snow in frustration after Ben Curry and Raffi Quirke tried to re-enact his attempt at the support line in the second half for England against South Africa last weekend, gave them a taste of what could have been.

Between those two goals, Saracens conjured up a wonderful team performance, which Max Malins ended for his eighth attempt in three league games after a visionary spin and a pass from Alex Goode. While Sale has a goodbye week to look forward to, Saracens know they have more to offer in Exeter next weekend.

“I thought we were very good physically in the first half and in every game we played we were patchy,” said McCall. “It’s not the kind of team we want to be.”

Lowe’s (LOW) Q3 2021 earnings beat

A customer pushes a shopping cart to the entrance of a Lowe’s store in Concord, California on Tuesday, February 23, 2021.

David Paul Morris | Bloomberg | Getty Images

Lowes On Wednesday, it exceeded analysts’ expectations for fiscal third quarter results as the company saw a surge in home improvement and online sales.

The home improvement retailer raised its forecast, saying it expects sales of $ 95 billion. It had previously forecast sales of $ 92 billion.

In pre-trading hours, stocks rose nearly 4%.

Here’s what the company reported for the third fiscal quarter ended October 29, versus Wall Street expectations, based on an analyst survey by Refinitiv:

  • Earnings per share: $ 2.73 versus $ 2.36 expected
  • Revenue: $ 22.92 billion versus $ 22.06 billion expected

Lowe’s profit rose $ 1.90 billion, or $ 2.73 per share, from $ 692 million, or 91 cents per share, a year earlier. The results surpassed what analysts surveyed by Refinitiv had expected to be $ 2.36 per share.

Net sales rose from $ 22.31 billion last year to $ 22.92 billion, above analysts’ expectations of $ 22.06 billion.

Lowe’s sales in the same store increased 2.2% for the three month period. According to StreetAccount, that was a clear difference to the analysts forecast of a decline of 1.5%.

A strong housing market has boosted sales for Lowe’s and its rival. Home depot. Even as the prices of houses and building materials go up, Americans keep buying. Builders’ trust increased this week, because of the great appetite for new single-family homes.

The dealers also saw customers Shop for paint, pillows, and more as they spent more time at home tackling do-it-yourself projects during the pandemic.

With consumers on the move again, Lowe’s and Home Depot are increasingly trying to attract the home improvement workers who homeowners hire to do renovations or upgrade their kitchens.

Home Depots the third quarter result reflected this shift, As customer transactions decreased, the average tickets increased 12.9% to $ 82.38. The retailer said the momentum continued into the fourth quarter, with sales starting a little above the third quarter level.

Under CEO Marvin Ellison, Lowe’s stepped up its efforts to attract professionals because they are more persistent and more money-conscious. Ellison said in a press release that the company’s sales to professionals rose 16% in the third quarter. He said sales on the website were up 25%.

Lowe plans to buy back $ 3 billion of shares in the fourth quarter, bringing total buybacks to $ 12 billion for the year. In the last quarter, it repurchased 13.7 million of its own shares for $ 2.9 billion.

Read the company’s press release here.

House Depot (HD) Q3 2021 earnings beat estimates

A customer partially wearing a mask at a store in Reston, Virginia on Thursday, May 21, 2020.

Andrew Harrer | Bloomberg via Getty Images

Home depot reported quarterly earnings and earnings on Tuesday that outpaced analysts’ earnings as customers spend more on home improvement projects.

Here’s what the company said, relative to Wall Street expectations, based on an analyst survey by Refinitiv:

  • Earnings per share: $ 3.92 versus $ 3.40 expected
  • Revenue: $ 36.82 billion versus $ 35.01 billion expected

The home improvement retailer reported net income of $ 4.13 billion, or $ 3.92 per share, for the third quarter, up from $ 3.43 billion or $ 3.18 per share last year. Analysts polled by Refinitiv expected earnings per share of $ 3.40.

Net sales rose 9.8% to $ 36.82 billion, beating expectations of $ 35.01 billion. Revenue in the same store increased 6.1% for the quarter.

Alain Vigneault has Flyers Taking part in a Fashion that may Beat Anybody within the NHL

Alain Vigneault is certainly a relapse coach. It’s not a secret. He is demanding. He blames his players – sometimes publicly. It’s especially tough on young players. He plays mind games.

Some players like his coaching style. Others hate it. Hell, some guys who have never played for him have publicly called for him to be removed from hockey:

#PhiladelphiaFlyer ? Dinosaur trainer who treats humans with robots that are not human. Fire these dinosaurs. Fire #vigneault first story. I have evidence .. trying to get you out of this …..

– Robin Lehner (@RobinLehner) October 3, 2021

We all remember that tweet, right? It was later suggested that the trainer was a pill pusher that Robin Lehner went back to. But that tweet, that first tweet, called Vigneault a dinosaur for treating his players.

Guess what? This dinosaur knows about hockey – and he knows there are players who still want to play the game the … um … “old-fashioned” way and can still be successful at it.

Case in point was the late night jewel of a hockey game on Wednesday when the Flyers presented the Edmonton Oilers with their first 5-3 defeat of the season in the Alberta, Canada hinterland.

Why was it a gem? Because it was the fastest team in the world, led by the best player in the world, playing against a Flyers team that liked to play big, strong and physical.

And while there were some penalties in that game, pronounced by two veteran umpires in Ian Walsh and Kelly Sutherland, they found that the pace of the game was a nice dichotomy of contrasting styles and the two zebras that let the teams play for the most part so that a type of hockey can be played that is not often seen in today’s game.

There was the Oilers darting all over the ice, and not just their skating speed, but also their passing speed and their shooting speed, playing the game at a playoff-like pace in their sixth game of the season.

And there were the Flyers, trying at times to keep up, but mostly trying to derail the Oilers by overtaking them and playing a check game reminiscent of a long-lost era of Flyers hockey. One that existed and was popular long before meeting rooms, arena sports betting, lavish clubs, and overexposed mascots:

The clash of styles here is actually pretty neat to watch. Edmonton is all about speed, and not just about speed in skating. They whip the puck around incredibly quickly. While PHI plays a physical, well-trained style when attacking. And both teams get their chances.

– Charlie O’Connor (@charlieo_conn) October 28, 2021

Charlie is spot on that it is beautiful to look at. Really because it’s so rare. But that, friends, that was hockey before the 2004-05 lockout, with some rule changes of course to get rid of the clutch and the grave log.

Here’s the thing though; This “dinosaur” coach may have worked hand in hand with GM Chuck Fletcher to create a Jurassic Park type team that, if they buy in and believe in the system they play, can and will win games.

The flyers are 3-1-1 at the start of the season. You played against two undefeated teams and broke up with them. They beat Boston and lost in a shootout to a much improved Vancouver team that they will see again tonight. Oh, and they dismantled Dave Hakstol’s crack collection of octopuses.

This is a very good start. And the thing is, they can get better. They have all played a game with their full defensive line-up. They toppled the Oilers on home ice minus Ryan Ellis for a second game.

The difference this season for the Flyers? Veteran Depth, for example. And a group that fits the coach in second place.

Justin Braun, for example, was great to replace Ellis in the top pair against the Oilers. Nick Seeler continues to be a solid defender recording the third couple minutes. Derick Brassard has been brilliant so far this season, playing in the second row instead of the injured Kevin Hayes.

No matter where you go, you can find players who believe in this team and want to win with this team and play whatever role the coach demands of them.

It’s kind of refreshing.

Brassard told Russ and me about it last week at Snow the Goalie. Vigneault and a veteran squad were the reason he chose to sign with the Flyers rather than signing elsewhere for more money, as two teams offered him more than the Flyers.

In early September, I unexpectedly ran into a Flyers Hockey employee, in a mall of all places, and we talked for a long time about the off-season.

He told me that Fletcher “gave the coaching staff everything they asked for” in the offseason, and now it’s up to the coaches and the players to prove it was all worth it.

And you can see how it works. This team is close. It’s tight. There are players who like to keep things relaxed and fun, but also know when the time is right to play hard and be serious.

There are players who really enjoy playing together. There are players who cause excitement and in turn let it rub off on their teammates.

It’s a closed group that brought together a lot more good than bad phases in the first five games. And I toss it to Charlie O’Connor again, because in the third third he was right with this assessment:

Flyers really take this “win a period, win a game” thing to heart on the third. You’ve been fantastic so far.

– Charlie O’Connor (@charlieo_conn) October 28, 2021

Gain a period. Win a game. Sounds like one of those hockey stereotypes a dinosaur coach might use.

But if that is the result and Vigneault is the coach who finally breaks the Flyers’ decades of drought at the championship, be it this season, the next season or the following season, the fans will not mind if the footprints ” walking together “forever”, as another dinosaur trainer Fred Shero once said, will be found as fossils along Broad Street in a few thousand years.

Because it will have been worth it.

Chipotle Mexican Grill (CMG) Q3 2021 earnings beat

A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, United States on Monday, July 20, 2020.

David Paul Morris | Bloomberg | Getty Images

Chipotle Mexican Grill on Thursday reported quarterly earnings that drove Wall Street estimates as menu price increases helped the chain absorb higher costs.

The company’s shares rose more than 1% in expanded trading.

Here’s what the company said, relative to Wall Street expectations, based on an analyst survey by Refinitiv:

  • Earnings per share: $ 7.02 adjusted versus $ 6.32 expected
  • Revenue: $ 1.95 billion versus an expected $ 1.94 billion

The company reported net income of $ 204.4 million, or $ 7.18 per share, for the third quarter, compared to $ 80.2 million or $ 2.82 per share a year earlier.

Beef and freight costs were higher, but menu price increases offset the effects of those increased spending. In June, the chain announced that menu prices would increase by about 4% to cover the cost of increasing restaurant workers’ wages to an average of $ 15 an hour.

Excluding tax breaks, restructuring charges, and other items, Chipotle earned $ 7.02 per share, beating the $ 6.32 per share analyst survey surveyed by Refinitiv had expected.

Net sales rose 21.9% to $ 1.95 billion, beating expectations of $ 1.94 billion. Sales in the same store rose 15.1%, beating StreetAccount’s estimate of 14%.

Digital sales rose 8.6% after more than tripling a year ago. The company’s loyalty program has gained 24.5 million members in two and a half years, helping Chipotle learn more about its customers and encourage more frequent visits.

“There’s no doubt that the loyalty program has moved from crawling to walking, and we still have plenty of room to grow,” said CEO Brian Niccol on the conference call.

At the end of the quarter, the chain Smoked breast introduced as a time-limited menu option. Due to the strong demand, the item’s availability will end a little earlier than originally planned in November. Under Niccol, who previously directed Yum Brands’ Taco Bell has accelerated the process of adding new menu items through a process it calls stage-gate testing. The chain has been strategic with new releases and many of them have limited time options to drive customer traffic to their restaurants and keep the menu from bloating.

The company opened 41 new restaurants in the quarter. Only five of these locations did not have a “Chipotlane”, a drive-through lane intended for the collection of digital orders. Executives said the company is still facing inflation in building materials, shortages in labor and equipment from subcontractors, and delivery delays from landlords.

Looking ahead to the fourth quarter, the company is forecasting low to mid double-digit revenue growth in the same business. Chipotle noted several uncertainties weighing on the business, such as inflation, workforce pressures, and Covid-19.

“Despite these challenges, we remain confident that we can increase the margins in the restaurant with increasing average quantities,” said CFO Jack Hartung.

Chipotle also announced that its board of directors has approved an additional $ 100 million in share buybacks, bringing its total approval to $ 209.8 million as of September 30th. The company repurchased $ 98.7 million in shares in the third quarter.

Read the full announcement of the results here.

Domino’s (DPZ) 3Q 2021earnings beat

Dominoes in Denmark

Francis Dean

Dominos pizza attempted to reassure investors Thursday that it has more growth ahead of it, despite having a long-running streak of U.S. top-line sales in the same business.

Investors listened and saw stocks rise 2% in morning trading after falling as much as 5% before the market opened. Ultimately, the shares closed virtually unchanged at $ 477.48.

Domino’s earned $ 3.24 per share for the third quarter, beating the $ 3.11 per share that Refinitiv surveyed analysts had expected.

Despite slowing US sales growth in the same business, analysts found bright spots in the company’s earnings report.

“[U]The nit development continues to be a major growth driver, “wrote BTIG analyst Peter Saleh in a customer announcement on Thursday.[M]The omentum has returned to bring the current pace to 6.5%, margin performance has been more respectable given the sales results, and the company has been aggressively buying back its shares lately. “

The pandemic sparked an exploding demand for Dominos pizza in its home market, but as consumers were vaccinated and restrictions were relaxed, investors became concerned about pizza fatigue. In the last quarter despite difficult comparisons Sales in the US in the same store were still up 3.5%.

However, in the company’s third quarter, domestic same-store sales turned negative for the first time since 2011. US sales in the same store were down 1.9%, even though the metric was up 15.6% on a 2-year basis. StreetAccount expected the company to report 1.8% sales growth in the same store in the US.

CEO Ritch Allison said “a very difficult workforce” is putting US transactions under pressure. For example, some locations had to shorten their opening times. Executives said they are taking steps to improve their work challenges, including introducing a new applicant tracking system and updating franchisees to be the most efficient use of their employees’ time.

“There is no doubt that we will continue to face staffing and other issues with Covid. We also expect the inflationary headwinds to continue to affect Domino’s and the restaurant industry as a whole in the coming quarters, but we will all face these challenges and headwinds. ” from a position of strength, “Allison told analysts.

Allison also said US sales were hurt by the fading effects of the economic controls, which had largely subsided by the third quarter of this year.

The decline in US demand resulted in the pizza chain falling short of Wall Street’s sales estimates. Analysts surveyed by Refinitiv had forecast net sales of $ 1.04 billion, but Domino reported sales of $ 998 million for the quarter.

Outside of the US, the company’s business is doing much better. International same-store sales increased 8.8% for the quarter, up 15% on a two-year basis.

Domino’s shares are up more than 24% this year, reaching a market value of $ 17.6 billion.

Read the Domino press release.

Millennial Cash: Beat your summer time ‘revenge procuring’ debt | Existence

List your debts using a spreadsheet, pencil and paper, or debt settlement app. Enter the balance, the interest rate and the minimum monthly payment. Make sure you consider all forms of debt, such as: B. Buy now and pay for loans later.

Then, look at your income and expenses to see how much money you are putting on debt and where you can cut expenses. For example, if you’re spending more on restaurants than you did six months ago, try reducing that to free up cash to pay off debt.

Next, choose a strategy for the payout. Here are a few common tactics:

– SCHULDSSCHNEEBALL: With that Debt snowballfocus your debt settlement energy on the smallest balance first, while making minimal payments for the rest. Once the smallest debt is dismissed, roll the amount you paid for it to the next smallest debt. As you pay off more debt, the payment amount grows like a snowball until you are out of debt.

– DEBT LAWINS: With this method, you settle the debt with the highest interest rate first. Then, similar to the debt snowball method, once it’s paid off, cascade the payment with the next highest interest rate on your debt.

Everton hit again in model to beat Burnley

LIVERPOOL, Sep 13 (Reuters) – Everton struck three times in the second half in seven minutes when they beat Burnley 3-1 and tied on points with Premier League leaders Manchester United at Goodison Park on Monday.

Ben Mee’s header in his 200th Premier League game gave Burnley the lead in the 53rd minute, but Everton’s reaction was strong as the hosts clinched their third league win of the season.

Michael Keane headed Everton’s equalizer in the 59th minute before Andros Townsend scored a sensational left-footed foot to give Everton the lead – his first league goal since his free transfer from Crystal Palace.

Seconds later, Demarai Gray made Everton’s third goal all by himself, to the delight of home fans who hadn’t liked what they’d seen before.

Everton moved up to fourth place with 10 points from four games – tied with Liverpool, Chelsea and United.

Burnley were the better side in the first half but they are still waiting for their first league win of the season and stay in 18th place by one point.

Former Liverpool manager Rafa Benitez’s arrival at Goodison was not universally popular with Everton fans, but they started the season in style, scoring 10 goals in four games.

They suffered a blow before kick-off as striker Dominic Calvert-Lewin was out with a broken toe, and for much of the first half they were second-best against a fueled Burnley.

Chris Wood should have given the visitors an early lead, but was unable to make proper contact with his header after a great ball into the penalty area from Dwight McNeil.

Everton’s only real chance before the break was when Townsend picked the run of Abdoulaye Doucoure, whose first angular strike was well saved by Nick Pope.

It was only after Mee Burnley led the way that Everton came to life and Townsend was the catalyst.

He showed great feet to make room on the right wing before taking a perfect cross for Keane to peek into his header.

Townsend had spent almost a year without a goal in the Premier League but his efforts were worth the wait.

He picked up the ball in a central area and bumped forward before sending a curling that dipped his left foot into the top corner of the net.

“My mom kept sending me compilations of all of my goals, she told me to look at them when I can, and maybe I reminded myself that I can do it and pulled them out,” Townsend said of his efforts .

Doucoure then split Burnley’s defense to clear Gray up and he calmly beat Pope before Doucoure himself denied an offside goal when Everton stood up.

Reporting by Martyn Herman, editing by Pritha Sarkar

Our standards: The Thomson Reuters Trust Principles.

Norwegian Cruise Line (NCLH) Q2 2021 earnings beat

The cruise ship Norwegian Dawn will dock in the French Mediterranean port of Marseille on July 27, 2021.

Gerard Bottino | SOPA pictures | LightRakete | Getty Images

Norwegian Cruise Line announced mixed second quarter results on Friday as future bookings ahead of the first US cruise remained strong since last year.

On Saturday, Norwegian Encore sails from Seattle to Alaska. The cruise operator plans to bring 40% of its fleet capacity into operation by the end of the third quarter and 75% by the end of the year. The company plans to resume full capacity by April 1st.

It will require that all passengers of all three brands be vaccinated.

“We are ready and eager to welcome guests back on board and continue to see an incredible strength in our booking trends for future cruises,” said President and CEO Frank Del Rio.

The company’s shares rose more than 2% in pre-trading hours.

The company performed in the second quarter ended June 30, compared to the expectations of the analysts surveyed by Refinitiv:

  • Loss per share: $ 1.93 adjusted vs. $ 1.97 expected
  • revenue: $ 4.37 million versus the expected $ 10 million

For the second quarter, the company recorded a net loss of $ 717.8 million, or $ 1.94 per share, compared to a loss of $ 715.2 million, or $ 2.99 per share, last year.

With no items, the company lost $ 1.93 per share, which was less than the loss of $ 1.97 per share expected by analysts surveyed by Refinitiv.

Revenue fell to $ 4.37 million, well below the $ 10 million analysts had expected.

However, the company said bookings for 2022, taking into account future cruise credits, are well above the 2019 records.

As of the end of the second quarter, the cruise operator had pre-sale tickets valued at $ 1.4 billion, including $ 800 million from future cruise credits.

As it prepared to go back online, the company had average monthly cash usage during the quarter of $ 200 million, which is higher than last quarter’s value and previous forecast of $ 190 million. The company expects a monthly cash burn rate of $ 285 million for the third quarter, excluding cash inflow from new and existing bookings.

The company expects to report a net loss in the third quarter and beyond until it can resume regular travel.

“As a result of the COVID-19 pandemic, the company is unable to estimate with any certainty the impact it will have on its business, financial condition, or short or long-term financial or operating results,” Norwegian Cruise Line said in a press release.

Norwegian Cruise Line’s shares are down nearly 5% this year as the cruise industry remained closed due to Covid-19.

There were several at the height of the pandemic Sensational outbreaks on board ships This led the Centers for Disease Control and Prevention to impose harsh restrictions on cruise lines.

Cruise stocks rose earlier this year, as vaccinations raised hope for an industry recovery, but the proliferation of the highly contagious Delta variant in recent weeks has reversed the trend in the stock.

Last month, Norwegian Cruise Line filed a lawsuit against the Florida surgeon general End the law of the state that prohibits companies from requiring customers to provide proof of vaccination. In the court filing, the company said it wants its guests to show proof of vaccination on all cruises.

The company’s first scheduled departure from Florida is August 15, which Norwegian says will be a 100% vaccinated cruise.

“The company has been unable to work with the state of Florida to find a mutually acceptable solution that would allow them to request proof of guests’ vaccination status prior to boarding Florida cruises,” Norwegian said in a press release. “[At Friday’s hearing,] the company hopes to have additional clarity shortly on its path to resume sailing from Florida. “

Yum Manufacturers YUM Q2 2021 earnings beat

Signs are outside of a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, the United States, on Thursday, January 30, 2020.

Luke Sharrett | Bloomberg | Getty Images

Yum brands reported quarterly earnings and earnings on Thursday that exceeded analyst projections as sales of the big three brands surpassed pre-pandemic levels and new restaurants opened at record pace.

Yum’s shares closed at $ 130.31, up 6.28% after hitting a 52-week high of $ 130.49.

The company performed in the second quarter ended June 30, compared to the expectations of the analysts surveyed by Refinitiv:

  • Earnings per share: $ 1.16 vs. 96 cents expected
  • revenue: $ 1.6 billion versus an expected $ 1.48 billion

For the quarter, the company reported net income of $ 391 million, or $ 1.29 per share, compared to $ 206 million, or 67 cents per share, a year earlier.

Excluding refranchising profits and other items, Yum earned $ 1.16 per share, beating 96 cents per share expected by analysts surveyed by Refinitiv.

The company’s revenue rose 34% year over year to $ 1.6 billion, exceeding expected revenue of $ 1.48 billion. Global sales in the same store rose 23% for the quarter. Yum’s sales in the same store increased 4% year over year, despite 1% of restaurants remaining closed the pandemic at the end of the quarter said CEO David Gibbs.

Yum said it opened 603 new locations during the quarter and plans to accelerate the pace of its expansion by restoring its long-term growth goals. Yum plans to grow the number of restaurants it operates by 4% to 5% over the long term, from its previous forecast of 4% growth.

The company made $ 5 billion in digital sales, a 35% year-over-year increase, Gibbs said. For the first time in the past 12 months, it made more than $ 20 billion in digital sales.

Taco Bell US launched a rewards program last year that helped grow the brand’s digital sales.

“We’re seeing a significant increase in frequency and spending on visits, resulting in an overall 35% increase in total spend for active customers in the Taco Bell Rewards Program compared to their behavior in front of the loyalty program,” said Gibbs.

Earlier this year, the company launched an app and website for KFC, replacing a third-party website that has increased its digital sales.

“Our 2021 digital sales are on track to soon surpass last year’s digital sales,” said Gibbs.

Chicken Sandwich Wars

KFC is also seeing demand for its new chicken sandwich, which it launched in late February to compete in an industry-wide battle. In April, KFC said it sold more than double its new chicken sandwich compared to previous versions. The momentum has continued.

“Our chicken sandwich has performed exceptionally well and provides a solid platform for us to drive additional layers of sales in the future,” Gibbs said on the company’s conference call.

KFC sales in the same store increased 30% for the quarter, led by US growth. On a two-year basis, sales in the same store increased 2%. KFC’s international same-store sales declined 1% over the biennium as 2% of KFC stores were temporarily closed at the end of the second quarter. U.S. sales in the same store rose 19% on a biennial basis as pandemic restrictions eased and guests returned.

KFC opened 428 new locations in 62 countries in the second quarter.

Delivery picks up Pizza Hut sales

Pizza Hut sales in the same store rose 10% for the quarter. The brand’s sales in the same store increased 1% on a two-year basis. Only 2% of the branches were temporarily closed in the quarter. US sales in the same store increased 9% on a two-year basis, while international sales in the same store decreased 6%.

Delivery continues to be the brand’s main growth driver, Gibbs said.

Taco Bell sales in the same store rose 21% for the quarter. On a two-year basis, sales in the same store increased 12%.

In the tight labor market, Taco Bell has sweetened its employee benefits with paid time off, free family meals and increased employee development activities, according to CFO Chris Turner.

The company has moderately increased its product prices for its US brands to offset higher raw material costs and wages. Gibbs said the company is more under inflationary pressures in the US than in its international markets.

“We’re seeing inflationary pressures, especially in the US,” Gibbs said. “We have a larger buying scale than most players in the industry … which leverages purchasing across the brand and gives our franchisees advantageous cost and negotiation skills from a sourcing standpoint.”

Read the full press release from Yum Brands here.