Profile
Yum! Brands, Inc. (YUM) is a quick service
restaurant company based on number of system units, with approximately
37,000 units in more than 120 countries and territories. The Company
through its three concepts of KFC, Pizza Hut and Taco Bell (the
Concepts), develops, operates,
franchises and licenses a worldwide
system of restaurants, which prepare, package and sell a menu of priced
food items. Units
are
operated by a Concept or by independent franchisees or licensees under
the terms of franchise or license agreements. In addition, YUM owns
non-controlling interests in Chinese entities who operate in a manner
similar to KFC franchisees, as well as a non-controlling interest in
Little Sheep Group Limited (Little Sheep). It operates in five segments:
YUM Restaurants China, YUM Restaurants International, Taco Bell U.S.,
KFC U.S. and Pizza Hut U.S. In December 2011, it sold the Long John
Silver's and A&W All-American Food Restaurants brands. On February
1, 2012, it acquired Little Sheep.
