LOUISVILLE Ky. Yum! Brands Inc. reported a 10-percent increase in first-quarter net income, led by robust profit and sales in its China division, as well as a return to positive same-store sales at its domestic Pizza Hut restaurants, which helped lift struggling U.S. sales.Yum narrowed its same-store sales decline for its U.S. system to a 1-percent decrease in the first quarter ended March 20, reflecting a 4-percent slide at KFC and a 2-percent fall at Taco Bell, offset by a 5-percent jump ...
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!