LOUISVILLE, Ky. — Yum! Brands Inc., operator of the KFC, Pizza Hut, Taco Bell, Long John Silver's and A&W brands, plans to expand its U.S. refranchising efforts, with a target of less than 10 percent company ownership by the end of 2010, compared with the present 20 percent company ownership.
 
Yum plans to open at least 450 new restaurants in its China division next year, with at least 425 new restaurants slated to open in mainland China, including 310 KFCs, 85 Pizza Hut Casual Dining restaurants, 20 Pizza Hut Home Service restaurants and 10 East Dawnings restaurants.
         
The company plans to open at least 750 new restaurants in its international division, including 450 new KFCs, 250 new Pizza Huts and approximately 15 Taco Bells. Yum plans to open about 350 new restaurants in the United States.
 
Yum expects earnings-per-share growth of at least 10 percent for 2008, the company said.

Related Content

User Comments – Give us your opinion!
Products & Services

Cured Meats

http://global.networldalliance.com/new/images/products/6791.png

6791/Cured-Meats

Food Cost Management

http://global.networldalliance.com/new/images/products/6401.png

6401/Food-Cost-Management

Get more from your restaurant POS with online videos and tutorials

http://global.networldalliance.com/new/images/products/1294.png

1294/Get-more-from-your-restaurant-POS-with-online-videos-and-tutorials

Javarama coffee

http://global.networldalliance.com/new/images/products/6961.png

6961/Javarama-coffee

AquaCafe

http://global.networldalliance.com/new/images/products/6965.png

6965/AquaCafe

Quad Core Menu Board Media Player - $199

http://global.networldalliance.com/new/images/products/6679.png

6679/Quad-Core-Menu-Board-Media-Player-199

Remote Service | Content Management Service

http://global.networldalliance.com/new/images/products/6685.png

6685/Remote-Service-Content-Management-Service

Mexican-Style Meats

http://global.networldalliance.com/new/images/products/6795.png

6795/Mexican-Style-Meats

See the latest in restaurant POS

http://global.networldalliance.com/new/images/products/1926.png

1926/See-the-latest-in-restaurant-POS

Free Menu Board Media Player Promotion

http://global.networldalliance.com/new/images/products/6675.png

6675/Free-Menu-Board-Media-Player-Promotion

Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.