More Taco Bell stores planned for NZ

Restaurant Brands is planning to open 10 new Taco Bell stores in New Zealand and Australia in the coming year. There are already three outlets here, all company-owned. Restaurant Brands has not announced any plans to franchise them after turning in a positive result in its latest annual report.

While five weeks of lockdown cost the company $40m in sales, once alert levels shifted, sales were strong particularly for the company's KFC and Carl's Jr. brands. Same store sales for the full year were up 5.3 per cent.