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词条 Yum! Brands
释义

  1. History

     Tricon Global Restaurants  Yum! Brands  International focus 

  2. Corporate

  3. Brands

     Current  Former 

  4. See also

  5. References

  6. External links

{{short description|American fast food company}}{{Use mdy dates|date=April 2017}}{{Infobox company
| name = Yum! Brands, Inc.
| logo = Yum! Brands logo.svg
| logo_size =
| caption =
| type = Public
| traded_as = {{nyse|YUM}}
S&P 500 Component
| genre =
| fate =
| predecessor =
| former_names = Tricon Global Restaurants {{small|(1997–2002)}}
| successor =
| foundation = May 30, 1997
| defunct =
| location_city = Louisville, Kentucky
| location_country = U.S.
| locations = 48,124 (December 31, 2018)
| area_served = Worldwide
| key_people = {{unbulleted list|Robert D. Walter|(Non-Executive Chairman)|Greg Creed (CEO)|David Gibbs (President)}}
| industry = Restaurants
| products =
| services =
| revenue = {{decrease}} US$5.688 billion (2018)[1]
| operating_income = {{decrease}} US$2.296 billion (2018)[1]
| net_income = {{increase}} US$1.542 billion (2018)[1]
| aum =
| assets = {{unbulleted list|{{decrease}} US$4.13 billion (2018)[1]|}}
| equity = {{increase}} US$7.926 billion (2018)[1]
| owner =
| num_employees = 34,000[2]
| num_employees_year = 2018
| parent =
| divisions =
| subsid = {{unbulleted list|KFC|Pizza Hut|Taco Bell|WingStreet|Yum! Restaurants International}}
| homepage = {{URL|http://www.yum.com}}
| footnotes = [3]
| intl =
}}Yum! Brands, Inc., or Yum! and formerly Tricon Global Restaurants, Inc., is an American fast food company. A Fortune 500 corporation, Yum! operates the brands Taco Bell, KFC, Pizza Hut, and WingStreet worldwide, except in China, where the brands are operated by a separate company, Yum China.[4] Prior to 2011, Yum! also owned Long John Silver's and A&W Restaurants.[5]

Based in Louisville, Kentucky, it is one of the world's largest fast food restaurant companies in terms of system units—with 48,124 restaurants (including 856 that are company-owned and 47,268 that are franchised) around the world in 145 countries.[6]

History

The company's history traces back to 1977, when PepsiCo entered into the restaurant business by acquiring Pizza Hut from the founders Dan and Frank Carney. A year later, PepsiCo purchased Taco Bell from the founder Glen Bell. In July 1986, R. J. Reynolds divested KFC in order to pay off debt related to its recent purchase of Nabisco and to concentrate on its tobacco and packaged food business. In 1990, Hot 'n Now was acquired. The company would later be sold in 1996. In 1992, PepsiCo acquired California Pizza Kitchen. In 1993, PepsiCo acquired Chevys Fresh Mex, D'Angelo Grilled Sandwiches, and East Side Mario's. However these chains would later be sold as part of PepsiCo exiting the restaurant business.

Tricon Global Restaurants

Yum! was created on May 30, 1997, as Tricon Global Restaurants, Inc.[7] from PepsiCo's fast food division as the parent corporation of KFC, Pizza Hut and Taco Bell restaurant companies.[8][9][10] Tricon Global was spun out in October 1997.[11] Tricon selected Louisville as its headquarters, moving near the KFC Restaurant Support Centers from the Pepsi HQ in Purchase, New York, by early 1998.[12][10]

In 2000, Tricon Global agreed to test multi-branded locations with Lexington, Kentucky-based Yorkshire Global Restaurants, owner of the Long John Silver's and A&W chains.[18] By March 2002, the Tricon-Yorkshire multibranding test consisted of 83 KFC/A&Ws, six KFC/Long John Silver's and three Taco Bell/Long John Silver's and was considered successful by the companies.[13]

In 2001, KFC started test restaurants in Austin, Texas, called "Wing Works", which is a chicken wing line sold with one of a few flavored sauces. Also, KFC hired a consultant to develop a breakfast menu.[14]

Yum! Brands

In March 2002, Tricon announced the acquisition of Yorkshire and its intention to change the company's name to Yum! Brands, Inc. to match its NYSE ticker symbol.[15] The name change became effective after a vote during the company's annual shareholders meeting by May 22, 2002[16][17] while the acquisition was finalized on May 8th. On June 6, 2002, Yum! executed a two-for-one stock split.[18][19] Shortly afterwards, due to Yum!'s lifetime contract with Pepsi, Long John Silver's and A&W (both of which previously served Coca-Cola products) began switching to Pepsi products, with A&W Restaurants retaining A&W Root Beer from a separate deal with Dr Pepper/Seven Up (now Dr Pepper Snapple Group).

In 2002, Yum! began testing co-branding locations pairing Pizza Hut with Pasta Bravo, Back Yard Burgers and A&W.[20] The Pasta Bravo concept was acquired in 2003 from Pasta Bravo, Inc. of Aliso Viejo, California for $5 million to pair with Pizza Hut.[21][22]

In 2003, Yum! launched WingStreet as a hybrid combo unit with an existing Pizza Hut franchise.[23][24] In 2007 and 2008, a thousand WingStreet stores a year were opened.[24]

An East Dawning test cafeteria-style restaurant was opened in Shanghai in 2004. After initially failing, Yum! Brands chose the KFC business model (KFC is the most successful Western chain in China) and found greater success.[25] As of September 30, 2007, eight East Dawning restaurants were in operation.[26]

International focus

In January 2011, Yum! announced its intentions to divest itself of its Long John Silver's and A&W brands to focus on its core brands of KFC, Pizza Hut, Taco Bell, and WingStreet. For the decade leading up to the company's announcement, major growth had relied on international expansion. With little presence outside North America, the two chains no longer fit in the company's long-term growth plans.[27] The foreign expansion—particularly that of WingStreet, Taco Bell, Pizza Hut, and KFC—was cited in the firm's January 18, 2011, announcement of its intention to sell the A&W and Long John Silver's chains. Both of those chains also suffered from poor sales, and had fewer locations compared to the other chains in the Yum! Brands portfolio. In September 2011, Yum! announced they had found buyers for the A&W and LJS chains. A Great American Brand will buy A&W, and LJS will be acquired by LJS Partners LLC.[28]

In 2009, Yum! paid approximately $103 million to purchase 27% stake in Chinese hot pot chain Little Sheep.[29] On May 12, 2011,Yum made a pre-conditional cash offer to acquire additional 66% of Little Sheep for approximately $570 million.[30] The deal spent more than 4 months in anti-trust review by the Chinese Ministry of Commerce, to determine whether or not the transaction would result in a monopolistic positioning of Yum! in the country's restaurant industry. The Ministry approved the deal in November 2011, according to Little Sheep representatives.[31][32]

In 2012, a KFC opened in Ramallah and became the first American fast food restaurant to operate in the West Bank; a Pizza Hut is also planned.[33]

In 2013, a few KFC locations in China supplied chicken found to contain "excess levels of chemical residue". Yum! has lost 6% of sales from publicity in China as of January 25.[34]

The company opened its first restaurant in Ulaanbaatar, Mongolia, in May 2013. For Mongolia, KFC is the first western fast food to open its doors in the country. The company is planning to open 15 more restaurants in Ulaanbaatar in the next 5 years, including the country's first drive-thru service.[35]

Yum! Brands has also opened Taco Bell and Pizza Hut restaurants in newer Target stores.

Yum! Brands opened its 40,000th store in Calangute, Goa, India in October 2013.[36]

In 2013, its KFC subsidiary opened a fast casual version, KFC eleven, test location in Louisville on Bardstown Road.[37] In the third quarter of 2013, Yum! Brands had to book an impairment of the goodwill resulting from the takeover of Little Sheep in 2011 in the amount of $222 million, which reduced profits for 2013.[38][39]

In 2014, Yum! launched a number of additional restaurant test concepts, Super Chix, U.S. Taco Co. and Banh Shop.[40] Yum! opened Super Chix in Central Arlington, Texas that is similar in format to Chick-fil-A on April 9, 2014.[41] In the summer of 2014, Yum!'s Taco Bell subsidiary launched its U.S. Taco Co and Urban Tap Room fast-casual taco concept restaurant in Huntington Beach, California, to take on fast casual restaurants like Chipotle and Panera.[42]

In the first quarter of 2015, Third Point Management and Corvex Management separately acquired an unspecified stake in the company.[43] The sole KFC Eleven was closed in April 2015.[37] A second Chix unit opened in May 2015 with additional menu items. Super Chix was sold to founder Nick Ouimet and an investment group in August 2015.[40]

In 2017, Yum! announced plans to open 10 Pizza Hut restaurants in Ethiopia, after signing a franchise with the country's Belayab Foods and Franchise PLC.[44]

Corporate

The current executive chairman of Yum! Brands is Greg Creed.[45] The previous CEO was David C. Novak.[46] Novak became CEO of predecessor firm Tricon Global on January 1, 2000, and chairman of the board on January 1, 2001.[47] Greg Creed replaced Novak in his role as CEO on January 1, 2015.[48] At the AGM in May 2016, Robert D. Walter became non-executive chairman.

On October 20, 2015, Yum! Brands, Inc., announced that it intended to separate into two independent, publicly traded companies.[49][50] Yum China was spun off on November 1, 2016.[51][52]

Since 2006, Yum! Brands has served as the corporate sponsor of the Kentucky Derby.[53]

Brands

Current

  • KFC (including XL variant)
  • Pizza Hut
  • Taco Bell
  • WingStreet[24]
  • Banh Shop (minority investor)
  • Stinnett West Texas

Former

  • A&W Restaurants – Sold to A Great American Brand LLC, a consortium of A&W franchisees, in 2011[28]
  • D'Angelo Sandwich Shops – Sold to Papa Gino's in 1997
  • Hot 'n Now – Acquired by PepsiCo in 1990, placed under the Taco Bell branch. Had 150 locations at its peak, now only 1 remaining, in Sturgis, Michigan.
  • Long John Silver's – Sold to LJS Partners, Long John Silver's franchisees and other private investors, in 2011[28]
  • Pasta Bravo – acquired from founder in 2002, closed 2011.[54][55]
  • Super Chix – Sold back to the chain’s founder and other private investors in 2015.[40]
  • East Dawning – Spun off into Yum! China in 2016[51]
  • Little Sheep – Spun off into Yum! China in 2016[51]

See also

{{Portal|Louisville|Companies|Food}}
  • List of major employers in Louisville, Kentucky
{{Clear}}

References

1. ^1 2 3 4 {{cite web|url=http://www.yum.com/app/uploads/Q4-16-Website-Data.pdf |title=YUM! Brands, Inc., Historical Financial Summary, Fourth Quarter, 2016 |publisher=Yum! Brands |accessdate=April 4, 2017}}
2. ^{{Cite web|url=http://fortune.com/fortune500/yum-brands/|title=Yum Brands|website=Fortune|access-date=2018-12-31}}
3. ^http://investors.yum.com/Cache/396825367.pdf
4. ^{{cite web|url=http://edgar.secdatabase.com/2549/104106118000013/filing-main.htm |title=YUM! Brands, Form 10-K, Annual Report, Filing Date Feb 22, 2018 |publisher=secdatabase.com |accessdate =May 3, 2018}}
5. ^{{cite web|url=http://edgar.secdatabase.com/538/104106112000002/filing-main.htm |title=YUM! Brands, Form 8-K, Current Report, Filing Date Feb 7, 2012 |publisher=secdatabase.com |accessdate =May 3, 2018}}
6. ^{{cite web|url=http://edgar.secdatabase.com/2549/104106118000013/filing-main.htm |title=YUM! Brands, Form 10-K, Annual Report, Filing Date Feb 22, 2018 |publisher=secdatabase.com |accessdate =May 3, 2018}}
7. ^{{cite web|url=http://edgar.secdatabase.com/2880/104106197000002/filing-main.htm |title=YUM! Brands, Form 10-12B, Filing Date Jul 2, 1997 |publisher=secdatabase.com |accessdate =May 3, 2018}}
8. ^{{cite web|url=http://edgar.secdatabase.com/2885/104106197000007/filing-main.htm |title=YUM! Brands, Form 10-12B/A, Filing Date Jul 28, 1997 |publisher=secdatabase.com |accessdate =May 3, 2018}}
9. ^{{cite web |url=https://www.reuters.com/finance/stocks/companyProfile?symbol=YUM |title=Yum! Brands Inc (YUM) Company Profile |website=Reuters.com |publisher=Reuters |accessdate=October 3, 2014}}
10. ^1 {{cite news|last1=Johnson|first1=Greg|title=Taco Bell's Parent to Be Based in Louisville, Ky.|url=http://articles.latimes.com/1997/aug/01/business/fi-18327|accessdate=November 9, 2015|work=Los Angeles Times|date=August 1, 1997}}
11. ^{{cite web|url=http://edgar.secdatabase.com/2898/104106197000020/filing-main.htm |title=YUM! Brands, Form 10-Q, Quarterly Report, Filing Date Oct 21, 1997 |publisher=secdatabase.com |accessdate =May 3, 2018}}
12. ^{{cite web|url=http://edgar.secdatabase.com/2548/104106199000003/filing-main.htm |title=YUM! Brands, Form 10-K, Annual Report, Filing Date Mar 23, 1999 |publisher=secdatabase.com |accessdate =May 3, 2018}}
13. ^{{cite web|url=http://edgar.secdatabase.com/2205/104106102000004/filing-main.htm |title=YUM! Brands, Form 8-K, Current Report, Filing Date Mar 14, 2002 |publisher=secdatabase.com |accessdate =May 3, 2018}}
14. ^{{cite news|title=KFC taps 'Seinfeld' star, starts 'Wing Works' test |url=http://findarticles.com/p/articles/mi_m3190/is_32_35/ai_77107180/ |archive-url=https://archive.is/20120716083110/http://findarticles.com/p/articles/mi_m3190/is_32_35/ai_77107180/ |dead-url=yes |archive-date=July 16, 2012 |newspaper=Nation's Restaurant News |publisher=Lebhar-Friedman |date=August 6, 2001 |accessdate=January 26, 2011 }}
15. ^{{cite web|url=http://edgar.secdatabase.com/2205/104106102000004/filing-main.htm |title=YUM! Brands, Form 8-K, Current Report, Filing Date Mar 14, 2002 |publisher=secdatabase.com |accessdate =May 3, 2018}}
16. ^{{cite web|url=http://edgar.secdatabase.com/2600/91205702012584/filing-main.htm |title=YUM! Brands, Form DEF 14A, Filing Date Mar 29, 2002 |publisher=secdatabase.com |accessdate =May 3, 2018}}
17. ^{{cite news|title=Tricon to Change Name to Yum! Brands Inc|url=https://www.entrepreneur.com/article/52036|accessdate=October 28, 2017|work=Entrepreneur|agency=Business Wire|date=May 20, 2002|language=en}}
18. ^{{cite web|url=http://edgar.secdatabase.com/2210/104106102000009/filing-main.htm |title=YUM! Brands, Form 8-K, Current Report, Filing Date May 24, 2002 |publisher=secdatabase.com |accessdate =May 3, 2018}}
19. ^{{cite news|title=Bulletin Business: Tricon finalizes purchase, plans 2-for-1 stock split|url=http://archives.starbulletin.com/2002/05/08/business/bizbriefs.html|accessdate=October 28, 2017|work=Star Bulletin|date=May 8, 2002}}
20. ^{{cite news|title=Pizza Hut, Pasta Bravo Test Co-Branding|url=http://www.entrepreneur.com/article/54404|accessdate=November 10, 2015|work=Entrepreneur|agency=Nation's Restaurant News|date=August 6, 2002}}
21. ^{{cite web|url=http://edgar.secdatabase.com/539/104106103000004/filing-main.htm |title=YUM! Brands, Form 8-K, Current Report, Filing Date Apr 24, 2003 |publisher=secdatabase.com |accessdate =May 3, 2018}}
22. ^{{cite news|title=Yum buys Pasta Bravo rights for P. Hut pairings |url=http://findarticles.com/p/articles/mi_m3190/is_15_37/ai_101642176/ |archive-url=https://archive.is/20120710023653/http://findarticles.com/p/articles/mi_m3190/is_15_37/ai_101642176/ |dead-url=yes |archive-date=July 10, 2012 |newspaper=Nation's Restaurant News |publisher=Lebhar-Friedman |date=April 14, 2003 |accessdate=January 26, 2011 }}
23. ^{{cite web|url=http://pdf.secdatabase.com/1223/0001157523-04-001234.pdf |title=YUM! Brands, Form 8-K, Current Report, Filing Date Feb 11, 2004 |publisher=secdatabase.com |accessdate =May 3, 2018}}
24. ^1 2 {{cite news |title=Pizza Hut going after wings market |first=Christopher |last=Cyrek |url=http://www.bizjournals.com/dallas/stories/2009/10/19/daily12.html |newspaper=Dallas Business Journal |publisher=American City Business Journals, Inc. |location=Dallas, Texas |date= October 20, 2009 |accessdate=January 26, 2011}}
25. ^{{cite news|url=http://online.wsj.com/article/SB116127912953397916-search.html|title=One U.S. Chain's Unlikely Goal: Pitching Chinese Food in China|last=Adamy|first=J.|work=The Wall Street Journal|date=October 20, 2006}}
26. ^{{cite web|url=http://www.yum.com/investors/restcounts.asp|title=Yum! Brands – Defining Global Company that Feeds the World|publisher=}}
27. ^{{cite news |title=Yum puts A&W, Long John Silver's up for sale |url=http://www.msnbc.msn.com/id/41136858/ns/business-consumer_news/ |work=MSNBC |agency=Associated Press |date=January 18, 2011 |accessdate=January 20, 2011}}
28. ^1 2 3 {{cite news|url=https://dealbook.nytimes.com/2011/09/22/yum-sells-2-fast-food-chains/ |title=Yum Sells 2 Fast-Food Chains |publisher=New York Times |date=September 22, 2011}}
29. ^{{cite web|url=http://edgar.secdatabase.com/2211/104106111000009/filing-main.htm |title=YUM! Brands, Form 10-K, Annual Report, Filing Date Feb 15, 2011 |publisher=secdatabase.com |accessdate =May 3, 2018}}
30. ^{{cite web|url=http://edgar.secdatabase.com/2242/104106111000040/filing-main.htm |title=YUM! Brands, Form 10-Q, Quarterly Report, Filing Date Jul 19, 2011 |publisher=secdatabase.com |accessdate =May 3, 2018}}
31. ^{{cite news|last1=Guang|first1=Yin|title=China Corporate News: Yum's Little Sheep Takeover Review Cleared|url=http://www.thechinaperspective.com/articles/chinacorporaten-8897/|accessdate=November 11, 2015|work=China Perspective|date=November 8, 2011}}
32. ^{{cite web|url=http://edgar.secdatabase.com/541/104106112000005/filing-main.htm |title=YUM! Brands, Form 10-K, Annual Report, Filing Date Feb 21, 2012 |publisher=secdatabase.com |accessdate =May 3, 2018}}
33. ^American fried chicken comes to the Palestinian territories, Los Angeles Times, February 4, 2012, access date February 20, 2012
34. ^{{cite news|title=Yum Brands' chicken in China contained excessive chemical levels, report says|url=http://www.bizjournals.com/louisville/blog/morning_call/2013/01/yum-brands-chicken-in-china-contained.html|accessdate=January 26, 2013|newspaper=Business First|date=January 25, 2013}}
35. ^{{cite news|title=Yum! Brands expands to Mongolia, plans more growth|url=http://www.bizjournals.com/louisville/news/2013/05/29/yum-brands-expands-to-mongolia-plans.html|accessdate=May 30, 2013|newspaper=Business First|date=May 29, 2013}}
36. ^{{cite news|last=Narayan|first=Adi|title=Yum to Invest $10 Billion With Partners in Emerging Markets Push|url=https://www.bloomberg.com/news/2013-10-22/yum-sees-india-sales-reaching-1-billion-by-2015-on-new-stores.html|accessdate=November 19, 2013|newspaper=Bloomberg|date=October 23, 2013}}
37. ^1 {{cite news|last1=Elson|first1=Martha|title="What now?" after Highlands KFC eleven closes|url=http://www.courier-journal.com/story/news/local/highlands-crescenthill/2015/04/28/kfc-closure-always-part-plan-now/26526999/|accessdate=November 11, 2015|work=The Courier-Journal|date=April 29, 2015}}
38. ^{{cite web|url=http://edgar.secdatabase.com/1913/104106113000044/filing-main.htm |title=YUM! Brands, Form 10-Q, Quarterly Report, Filing Date Oct 15, 2013 |publisher=secdatabase.com |accessdate =May 3, 2018}}
39. ^{{cite web|last1=Hoang|first1=Anh|title=Should Investors Worry About Yum! Brands' Sluggish Third Quarter Results?|url=http://www.fool.com/investing/general/2013/10/26/should-investors-be-worried-about-yum-brands-slugg.aspx|website=The Motley Fool|accessdate=August 10, 2016|archiveurl=https://web.archive.org/web/20160810194928/http://www.fool.com/investing/general/2013/10/26/should-investors-be-worried-about-yum-brands-slugg.aspx|archivedate=August 10, 2016|date=October 26, 2013}}
40. ^1 2 {{cite news|last1=Ruggless|first1=Ron|title=Super Chix founder, investors buy concept from Yum|url=http://nrn.com/fast-casual/super-chix-founder-investors-buy-concept-yum|accessdate=November 11, 2015|work=Nation's Restaurant News|publisher=Penton Restaurant Group|date=August 14, 2015}}
41. ^{{cite news|last1=Daniels|first1=Lauren Drewes|title=The First Super Chix, a Fast-Food Chicken Joint from KFC's Owners, Opens in Arlington|url=http://www.dallasobserver.com/restaurants/the-first-super-chix-a-fast-food-chicken-joint-from-kfcs-owners-opens-in-arlington-7025403|accessdate=November 10, 2015|work=Dallas Observer|date=April 10, 2014}}
42. ^{{cite news|last1=Dockterman|first1=Eliana|title=Taco Bell for Foodies|url=http://time.com/76808/taco-bell-fast-casual-restaurant-us-taco-co/|accessdate=November 11, 2015|work=Time|publisher=Time Inc.|date=April 24, 2014}}
43. ^{{cite news|last1=Herbst-Bayliss|first1=Svea|title=Third Point takes stake in Yum! Brands, stock climbs|url=https://www.reuters.com/article/2015/05/01/us-hedgefunds-thirdpoint-idUSKBN0NM3ZM20150501|accessdate=November 11, 2015|work=Reuter|publisher=Thomson Reuters|date=May 1, 2015}}
44. ^{{cite web|url=https://af.reuters.com/article/commoditiesNews/idAFL8N1HX6HO|title=Yum to open 10 Ethiopian Pizza Huts in African expansion|last=|first=|date=|website=af.reuters.com|access-date=2017-04-25}}
45. ^{{cite web|url=http://pdf.secdatabase.com/2549/0001041061-18-000013.pdf |title=YUM! Brands, Form 10-K, Annual Report, Filing Date Feb 22, 2018 |publisher=secdatabase.com |accessdate =May 3, 2018}}
46. ^{{cite web|url=http://edgar.secdatabase.com/2539/104106100000005/filing-main.htm |title=Yum! Brands, Form 8-K, Current Report, Filing Date Feb 10, 2000 |publisher=secdatabase.com |accessdate=February 16, 2013}}
47. ^{{cite web|url=http://pdf.secdatabase.com/38/0001041061-01-500003.pdf |title=Yum! Brands, Form 10-K, Annual Report, Filing Date Mar 28, 2001 |publisher=secdatabase.com |accessdate=February 16, 2013}}
48. ^{{cite web|url=http://edgar.secdatabase.com/1543/104106115000007/filing-main.htm |title=YUM! Brands, Form 10-K, Annual Report, Filing Date Feb 17, 2015 |publisher=secdatabase.com |accessdate =May 3, 2018}}
49. ^{{cite web|url=http://edgar.secdatabase.com/1571/104106115000035/filing-main.htm |title=YUM! Brands, Form 8-K, Current Report, Filing Date Oct 20, 2015 |publisher=secdatabase.com |accessdate =May 3, 2018}}
50. ^"Yum! Brands announced that it intends to separate into two independent, publicly-traded companies." Company news release, October 20, 2015.
51. ^1 2 {{cite web|url=http://edgar.secdatabase.com/2966/104106116000097/filing-main.htm |title=YUM! Brands, Form 8-K, Current Report, Filing Date Nov 3, 2016 |publisher=secdatabase.com |accessdate =May 3, 2018}}
52. ^"Yum! Brands, Inc. (NYSE: YUM) today announced that it has completed the separation of Yum China Holdings, Inc. ("Yum China") from Yum! Brands, creating two powerful, independent, focused growth companies."
53. ^{{cite web|url=http://money.cnn.com/2006/05/05/news/companies/yum_derby/index.htm|title=Kentucky Derby including Yum Brands in its name – May. 5, 2006|publisher=}}
54. ^{{cite news |title=Closures: Chevy's, La Salsa, Pasta Bravo |url=http://fastfood.ocregister.com/2011/12/15/closures-chevys-la-salsa-pasta-bravo/147604/ |work=Orange County Register |date=2011-12-15 |accessdate=2011-12-26}}
55. ^{{cite news| last=Luna |first=Nancy |title=Dining Sea Change |work=Orange County Register |date=2012-01-13}}

External links

  • {{Official website}}
  • [https://research.secdatabase.com/CIK/1041061/Company-Name/YUM-BRANDS-INC Yum Brands Inc EDGAR Filing History]
{{Finance links
| symbol = YUM
| sec_cik = YUM
| yahoo = YUM
| google = YUM
| bloomberg = YUM:US
}}{{Clear}}{{Yum!}}

11 : Yum! Brands|Companies listed on the New York Stock Exchange|Companies based in Louisville, Kentucky|Restaurants established in 1997|Food and drink companies of the United States|Multinational food companies|Restaurant groups in the United States|1997 establishments in Kentucky|American companies established in 1997|Corporate spin-offs|Food and drink companies based in Kentucky
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