Domestic performance weighs down strong China, international earnings
Disappointing second-quarter earnings in the United States dampened the effects of strong sales in China and other international markets for Yum! Brands Inc. However, the Louisville, Ky.-based parent of more than 33,000 restaurants still is raising earnings expectations for the full year. Second-quarter net income for Yum — which operates or franchises Pizza Hut, KFC and Taco Bell and is looking to sell its A&W and Long John Silver’s chains — rose 10 percent to $316 ...
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