Forum Archive Index - December 2002

["winner69 ." <wwinner69@hotmail.com>]

RBD on Pizza Hut Victoria sales

".........the business was adversely affected by an unexpected cyclical 
downturn in takeaway food sales in Australia that affected Pizza Hut sales 
in all Australian states. This has deleveraged operating margins and 
exacerbated the issues involved in the Victorian turnaround."

meaning

We stuffed up,

or

We thought we would sell millions of pizzas but the market isn't that big 
after all

or

are our pizzas that yuk?

or

have we been a lot of porkies about the size of the business, Was that why 
it was so cheap?

or

???  other contributions welcome

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