Yum! Brands, Inc. (YUM) is a quick service restaurant company based on number of system units, with approximately 37,000 units in more than 120 countries and territories.
The Company through its three concepts of KFC, Pizza Hut and Taco Bell (the Concepts), develops, operates, franchises and licenses a worldwide system of restaurants, which prepare, package and sell a menu of priced food items.
Units are operated by a Concept or by independent franchisees or licensees under the terms of franchise or license agreements.
In addition, YUM owns non-controlling interests in Chinese entities who operate in a manner similar to KFC franchisees, as well as a non-controlling interest in Little Sheep Group Limited (Little Sheep).
It operates in five segments: YUM Restaurants China, YUM Restaurants International, Taco Bell U.S., KFC U.S. and Pizza Hut U.S.
In December 2011, it sold the Long John Silver's and A&W All-American Food Restaurants brands. On February 1, 2012, it acquired Little Sheep.
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Yum! Brands Inc.
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Publicly traded
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February 24, 2012
India may top China as hottest restaurant growth market
India may be ready to supplant China as the top growth market for Western quick-service brands, according to a new research note from Sara Senatore, securities analyst for Bernstein Research. Based on projections that India’s economy could soon outpac...From the archive
November 23, 2011
Yum! Brands restaurants in India become separate division
Yum! Brands, Inc. (NYSE:YUM) today announced it has reorganized its Yum! Restaurants International division (YRI) to continue to drive aggressive international expansion and build strong brands globally. The Company also announced that Micky Pant, 57,...From the archive
September 22, 2011
Yum Brands Sells A&W, Long John Silver’s
Yum! Brands Inc. agreed to sell its Long John Silver’s restaurants to LJS Partners LLC and the A&W All-American Food chain to A Great American Brand LLC for undisclosed prices as it focuses on expanding in China. Definitive agreements have been re...From the archive
September 09, 2011
China: A look at strategies from McDonald's, Yum! Brands
Many restaurant companies have turned to international growth to offset results from the struggling domestic economy, but when it comes to the largest prize in foreign expansion — China — it is a two-company race between Yum! Brands Inc. and McDonald’s...From the archive
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