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Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located in every province and autonomous region in Mainland China .
PepsiCo divested the brands in 1997, and these consolidated as Yum! The company operates KFC, Pizza Hut, Taco Bell, and since 2020, Habit Burger & Grill, except in China, where the brands are operated by a separate company, Yum China. Yum! previously also owned Long John Silver's and A&W Restaurants. Yum! was founded as Tricon Global ...
Yum! Brands has been struggling in China for the past year, with same-store sales declining in the double digits nearly every month. Its KFC business was hit hard after fears of avian flu, along ...
Yum agreed to buy Little Sheep for $587 million in May 2011 but the deal was delayed for four months by a Chinese Ministry of Commerce antitrust investigation. [3] Little Sheep was delisted from the Hong Kong Exchange in February 2012. [4] In 2016, Yum! Brands spun off their Chinese operations into Yum China, which includes Little Sheep. [5]
Yum Brands! delivered better-than-expected earnings for the fourth quarter of 2013. The company seems to be slowly turning things around in China, and the stock is reasonably valued when compared ...
For years, Yum! Brands had the fast food industry's darling -- unparalleled exposure to the endlessly giving market that is China. To this day, the company is the largest U.S. fast food provider ...
Yum! Brands is the parent company of KFC, Pizza Hut, and Taco Bell. Second-quarter profits fell 16% as KFC's same-store sales in China fell 20%. Problems with KFC's poultry supply in late 2012 led ...
Brands Inc. (NYSE: YUM), and the investigation centers around lamb that. Food safety authorities in Shanghai are investigating a meat wholesaler that supplies a Chinese restaurant chain with lamb ...