Company raises outlook for 2010 on overseas growth plans
Yum! Brands Inc. raised its outlook for 2010 after reporting that international growth helped drive increases in sales and profit for the third quarter. For the Sept. 4-ended third quarter, Louisville, Ky.-based Yum had net income of $357 million, or 74 cents per share, compared with year-ago profit of $334 million, or 70 cents per share. Total revenue rose 3 percent to $2.86 billion in the third quarter, compared with $2.78 billion a year earlier. Worldwide system sales growth, before ...
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