China, international expansion projected to drive profit, sales
Yum! Brands Inc. said its leading position in China and other emerging foreign markets would drive higher corporate earnings this year and robust growth next year, despite U.S. results that continue to struggle. The Louisville, Ky.-based company on Monday raised its growth forecast for 2011 earnings per share to a year-over-year increase of 13 percent, up from an original projection of 12 percent, meaning profit would total at least $2.85 per share, excluding special items. In 2010, Yum ...
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Contact: Desiree Torres Desiree.Torres@penton.com