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>> TACO BELL Latest News

JUL 15, 2013 - New Statesman

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Yum! Brands second-quarter net income declines 15 per cent

China division sales and profits were affected by adverse publicity of Avian flu.Yum! Brands, which owns the KFC, Pizza Hut and Taco Bell restaurants chain, has posted a net income of $281m for the second-quarter ending 15 June 2013, a decline of 15 per cent compared to $331m earned during the same period the previous year. Operating profits fell by 17 per cent to $390m (2012: $473m), while total revenues declined by 8 per cent to $2.9bn (2012: $3.16bn). The company, which has over 39,000 restaurants in more than 130 countries and territories, has said its sales and profits in China were ... Read More

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