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 ...
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