Profile: Yum! Brands Inc (YUM)
30 Jun 2016
YUM! Brands, Inc. (YUM), incorporated on May 30, 1997, is engaged in restaurant business. The Company develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). YUM operates through four segments: YUM China (China Division), which includes all operations in mainland China; The KFC Division, which includes all operations of the KFC concept outside of China Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all operations of the Taco Bell concept. The Company has over 42,000 restaurants in over 130 countries and territories. The Company's three Concepts focus on the chicken, pizza and Mexican-style food categories, respectively.
The Company's China Division, based in Shanghai, China, comprises approximately 7,180 units, primarily Company-owned KFCs and Pizza Huts. It also owns non-controlling interests in Chinese entities operating in a manner similar to KFC franchisees and a meat processing entity that supplies lamb to the Little Sheep business.
KFC operates in approximately 130 countries and territories throughout the world. KFC has over 5,000 units in China, approximately 370 units in India and over 14,580 units within the KFC Division. KFC restaurants across the world offer fried and non-fried chicken products, such as sandwiches, chicken strips, chicken-on-the-bone and other chicken products marketed under a range of names. KFC restaurants also offer a range of entrees and side items suited to local preferences and tastes.
Pizza Hut is a restaurant chain specializing in the sale of ready-to-eat pizza products. The Company's Pizza Hut operates in approximately 90 countries and territories throughout the world. Pizza Hut has approximately 1,900 units in China, over 430 units in India and approximately 13,730 units within the Pizza Hut Division. Pizza Hut operates in the delivery, carryout and casual dining segments around the world. Pizza Hut features a range of pizzas, which are marketed under varying names. Each of these pizzas is offered with a range of different toppings suited to local preferences and tastes. Pizza Huts also offer pasta and chicken wings, including approximately 5,900 stores offering wings under the brand WingStreet in the United States. Outside the United States, Pizza Hut casual dining restaurants offer a range of core menu products other than pizza, which are suited to local preferences and tastes.
Taco Bell operates in over 20 countries and territories throughout the world. There are over 6,400 Taco Bell units within the Taco Bell Division, primarily in the United States, and approximately seven units in India. Taco Bell specializes in Mexican-style food products, including various types of tacos, burritos, quesadillas, salads, nachos and other related items. Taco Bell offers breakfast items in its the United States stores.
Yum! Brands Inc
1441 Gardiner Ln
LOUISVILLE KY 40213-1914
Company Web Links
- BRIEF-Yum! Brands Inc closes new senior secured credit facilities and notes offering
- BRIEF-Soroban Capital reports 5.1 pct passive stake in Yum Brands as of May 25, 2016 - SEC filing
- BRIEF-Yum Brands says announces pricing of notes offering
- Exclusive: CIC ends talks with Yum Brands over China business - sources
- BRIEF-Yum! Brands says authorization of up to $4.2 bln in share repurchases