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 ...
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Contact: Desiree Torres Desiree.Torres@penton.com