LOUISVILLE Ky. Yum! Brands Inc., the franchisor to Pizza Hut, KFC, Taco Bell and other quick-service brands, posted late Tuesday a 35-percent jump in second-quarter net income, driven by continued growth overseas and a one-time gain from the company’s purchase of the KFC business in Shanghai. In the United States, Yum Brands said it continued to suffer against declines in consumer spending. Domestic systemwide same-store sales fell 1 percent. While Yum no longer reports chain-specific ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com