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Dividend.com: Yum! Brands' Profit Pangs
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Yum! Brands Fast-Food Profit Falls 12% in the Fourth Quarter
Yum! Brands(YUM Quote), operator of the Pizza Hut, KFC and Taco Bell brands, reported fourth-quarter profit fell 12% to $204 million, or 43 cents per share, compared with $231 million, or 44 cents per share, last year.
Same-store sales, or sales at locations open at least one year, rose 2% during the fourth quarter in the U.S., as sales rose 8% to $11.28 billion from $10.42 billion a year earlier. ...
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