NPC’s 2Q profits flat, revenue down

A Heard on the Call report following earnings

Asserting that consumers are seeking “discrete value,” executives at NPC International Inc., Pizza Hut’s largest franchisee, said Wednesday the company has re-launched value-oriented pricing for traditional pies.

NPC, which operates 1,141 Pizza Hut restaurants and delivery units, on Tuesday reported net income of $5.2 million in the second quarter ended June 28, essentially flat with last year.

Revenue in the quarter was $238.6 million, down from $246.8 million

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