The interactive Mongolian-born chain where diners cook their food tableside in steaming pots of broth is being blamed, at least partially, for majority stakeholder Yum Brand’s loss in 2014, announced in February. The chain, purchased by the fast-food powerhouse in 2012 as part of its expansion to China, is said to have shrinking value in its homeland. Yet Yum, while admittedly disappointed with Little Sheep’s performance abroad, still is expanding the chain stateside via franchisees.
Location | City of Industry, Calif. |
---|---|
2014 Systemwide Sales ($000) | $35,400,000* |
YOY Sales Change | 22.1% |
2014 U.S. Units | 16 |
YOY Unit Change | 33.3% |
2014 Average Unit Volume ($000) | $2,500,000* |
Future 50 Year | 2015 |
Franchising | Yes |
*Technomic estimate
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