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Yum! Brands, Inc., also called Yum!, is a quick service restaurant company, which engages in the development, operation, franchise, and licenses a system of restaurants. Read More It operates through the following segments: KFC Division, Pizza Hut Division, and Taco Bell Division. The KFC Division segment comprises of all operations of the KFC concept. The Pizza Hut Division segment operates the Pizza Hut concept. The Taco Bell Division segment includes all operations of the Taco Bell concept. The company was founded in 1997 and is headquartered in Louisville, KY.
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Seeking AlphaMay 23
Taco Bell to makes big push in India
Yum Brands (NYSE:YUM) is planning to open 600 Taco Bell restaurants in India over the next decade under a partnership with franchisee Burman Hospitality.
Taco Bell signs India's BHPL to franchise agreement, with plans for India to become largest non-U.S. market
Taco Bell, a Mexican fast-food restaurant chain owned by Yum Brands Inc. YUM, -0.31% said Thursday it has signed a master franchise agreement with Burman Hospitality Private Limited (BHPL) of India, with a commitment to develop 600 restaurants in the next 10 years. Currently, Taco Bell has 35 restaurants in India, but the agreement sets India up to be Taco Bell's largest market outside of the U.S. "We see so much opportunity in India, as it is still a largely untapped market for Taco Bell and offers huge po...
Yum! Brands Inc.
Yum Brands Inc. reported first-quarter net income of $262 million, or 83 cents per share, down from $433 million, or $1.27 per share, last year. Adjusted EPS was 82 cents, beating the 81-cent FactSet consensus. Revenue of $1.25 billion was down from $1.37 billion last year, but met the FactSet guidance. Global same-store sales rose 4% with KFC same-store sales climbing 5%, Taco Bell up 4% and Pizza Hut same-store sales coming in at breakeven. FactSet guidance was for global same-store sales growth of 2.7%, ...
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