Even as Yum! Brands’ net income rose 7 percent in the third quarter to $383 million, the company said commodity and labor inflation around the world will continue to pressure margins. In response, the Louisville, Ky.-based Yum will focus on building its China division and turning around Taco Bell in the United States, chief executive David Novak said in a call discussing third-quarter earnings. In China — where Yum is on track to open 600 restaurants this year, and where the ...
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!
Questions about your account or how to access content?