While U.S. operations struggle, international sales, profit surge
Yum! Brands Inc., the quick-service franchisor with some of the strongest international footholds of any restaurant company, said its growth abroad has only just begun. The Louisville, Ky.-based company touted its international businesses in China and other emerging markets on Thursday, while categorizing its U.S market as “disappointing,” especially in its latest second quarter. Results for the June-ended quarter included increased sales and profit abroad, and declining sales ...
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