Sarpino’s Pizza Hut is the first chain to be sold under the brand “Sarpino”.
This is good news for the company as they need to attract more customers to their flagship Pizza Hut.
However, the brand itself is no longer as popular as it was in its heyday, according to a report from the Wall Street Journal.
This has led to the pizza chain having to take a loss to balance the books.
Sarpinos Pizza Hut had a very strong first quarter.
Its net profit for the quarter was $2.1 million and was up from $1.4 million the previous year.
It had a profit of $1 million for the year.
However this was down from $3.5 million in the previous quarter.
That means the company lost $2 million for its first quarter and that is a significant loss.
The company has been in the red for years now and it seems that the brand has been underperforming for a long time.
The news comes after the company posted a negative quarterly profit of over $500 million.
The Wall Street report stated that the company had a loss of $3 million for Q1 of this year.
Thats an increase of $500,000 from the previous quarters loss of around $300 million.
This makes the company look very vulnerable for this year, even though the company is doing quite well.
While the stock is down by a lot in the last quarter, it is still up from last year’s closing price of $28.77.
The stock is trading at about $31 today.
Pizza Hut has been the subject of numerous rumors lately.
Recently, rumors have surfaced about Pizza Hut’s future plans, which is a concern for some investors.
In an article for Forbes, Mark Cuban, co-owner of the Dallas Mavericks and one of the richest people in the world, said that Pizza Hut will eventually fold and that the chain’s growth will slow down in the future.
“We’re going to have to be the big pizza chain, which means we’re going, and if we can’t make money in this business, then we’re just going to fold,” Cuban said.
Cuban has been critical of Pizza Hut, saying that it is a “failed experiment” and that it has no future.
The rumors have been fueled by several reports that Pizza Hill had been sold to a Chinese conglomerate.
However, some sources have also said that rumors of Pizza Hill’s demise are false.
According to CNBC, Pizza Hill has been selling off its assets, such as the restaurant and the brand, in recent years.
It was also rumored that the fast food chain will not make any more restaurant openings this year as it is currently in bankruptcy.