News Column

Yum! Brands Q2 Profit Up 19%

July 17, 2014

BEIJING, July 17, SinoCast -- Yum! Brands, Inc. (NYSE:YUM) revealed profit growth of 19% in the second quarter, boosted by rising sales value and profit margin in China. Same store sales hiked 15% in the nation in the reporting period. The figure leaped 21% for KFC and remained level for Pizza Hut Casual Dining. By the end of the second quarter, Yum! Brands had had 6,387 restaurants in China, mostly KFC. In 2013, 35% operating profit came from China.

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Source: Sinocast Investing & Securities Beat (China)

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