DOCSLIB.ORG

Yum! Brands 2014 Annual Report DEAR PARTNERS

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Yum! Brands 2014 Annual Report DEAR PARTNERS Since our company was spun off from PepsiCo in 1997, I have had the privilege of leading our quest to become the Defining Global Company that Feeds the World. Over this time, our compound annual shareholder return has been 16% and we have been recognized among elite global companies for our leadership capability, recognition culture and ability to perform across the globe. Growth opportunities outlined in this report abound at Yum! Brands. Although 2014 results fell short of David C. Novak our expectations, I’m confident our growth model is Executive Chairman of the Board, intact and we are well positioned to deliver at least Yum! Brands, Inc. 10% annual EPS growth on a sustainable basis. On January 1, I stepped down as CEO and will serve as Executive Chairman and I’m pleased and proud that Greg Creed will be my successor. Greg has everything it takes to be an outstanding CEO and take our company to the next level. First and foremost, he walks the talk of our culture and will continue to grow and develop it further. Next, he is a visionary business leader with a 20-year track record of success at Yum!. Over the past 9 years, Greg has transformed Taco Bell into an industry leader, elevating its esteem and establishing top-tier customer service levels. He is a breakthrough thinker, launching day parts CONTENTS like Fourth Meal and breakfast, and introducing major DEAR PARTNERS | 1 product lines such as Doritos® Locos Taco and Cantina Bell. Importantly, Greg has a passion for our global CHINA DIVISION | 2–5 business, with deep international experiences at Unilever KFC DIVISION | 6 and at KFC and Pizza Hut in Australia and New Zealand. PIZZA HUT DIVISION | 7 He is a well-rounded executive, having previously served as Yum! Brands Chief Operations Officer. There is no TACO BELL DIVISION | 8 doubt in my mind that he is fully qualified and equipped INDIA DIVISION | 9 with the knowledge, experience and positive energy we ON THE GROUND FLOOR OF need to lead the company going forward. GLOBAL GROWTH | 10-13 In this Annual Report, Greg will share his perspectives on HUGE HEART | 14 the business and his vision for the company. YUM! FUTURE BACK VISION | 15 YUM! DYNASTY GROWTH MODEL | 16 I AM TRULY HONORED... ...and grateful for the opportunity to lead Yum! Brands. As CEO, I am privileged to lead a phenomenal business with three iconic brands, vast global infrastructure and the franchise capability necessary to facilitate growth. In 2014 we grew full-year EPS 4% to $3.09 per share, excluding Special Items. This was well below our 2014 full-year target of at least 20%. These results were heavily skewed by the challenges handed to our biggest division as we suffered two highly publicized supplier incidents Greg Creed in two years in China. However, we know our brands are Chief Executive Officer, resilient and continue to believe this setback is temporary. Yum! Brands, Inc. After our first supplier incident, which negatively impacted 2013, we recovered and delivered strong results in the first half of 2014. Specifically, our China Division operating profit increased 116% and Yum! EPS grew 27% through our first two quarters, prior to Special Items. We were convinced 2014 would be a year of at least 20% EPS growth. The July Shanghai Husi supplier incident changed all that. However, we are fully committed to achieving at least 10% EPS growth in 2015 and I'm confident we have the people and plans in place to deliver double-digit growth going forward. 1 CHINA DIVISION Given our long-term positive outlook for China—and our continued belief that our current sales issues are temporary—we opened 737 new restaurants across the country in 2014. We continued our disciplined approach to development, shifting our new-unit program toward higher return investments. In 2015, we plan to open 700 more new units in China. In addition to the massive new-unit opportunity we have with KFC and Pizza Hut Casual Dining, we will continue to expand Pizza Hut Home Service as well. I want to assure you our recovery in China is my top 737 priority and all hands are on deck to get the business New Restaurants back on track as soon as possible. in 2014 We have a tremendous sales-leverage opportunity as China sales recover and we fully expect to realize this over time. I have great confidence in Sam Su, our Vice Chairman and China division CEO, and his ability to capture this enormous KFC has upside and win with even stronger brands in the world’s 4,800 fastest growing economy. Units in 1,000 Cities KFC CHINA KFC is a beloved brand in China with a huge advantage not only in scale, but also in innovation, quality and people capability. As the #1 foreign brand in China, KFC has 4,800 units in 1,000 cities. This is more than twice the size of our nearest competitor. Although 2014 average unit volumes were 20% off their peak levels, restaurant level margins were a respectable 15%. These fundamentals, even in a challenging year, demonstrate we can open new units with attractive returns for our shareholders. We know we have work to do to regain consumers’ trust, and we're making progress. Once we do, the opportunities are tremendous. I have no doubt KFC will be an even stronger leading brand as we evolve our strategy for the changing Chinese consumer, making KFC more contemporary, engaged and connected. 2 We’ve learned from other setbacks that we must innovate our way out, and that’s what we’re doing at KFC China. Our successful menu revamp in the first half of 2014 reinforced the fact that our customers love food innovation. We’re going to build on this success and launch two menu revamps in 2015, introducing new products across our menu—breakfast, lunch, dinner and beverages. And as always, we’ll continue to offer compelling value. In December, we also started our initial rollout of premium coffee in Shanghai KFC restaurants. The initial results are encouraging and our freshly ground coffee has contributed solidly to our breakfast and afternoon day parts. Finally, digital customer engagement and mobile ordering innovation will be central to KFC’s sales recovery in China. We are applying our know-how across Yum! to elevate KFC’s digital offerings. I am excited by the opportunities we have to further enhance how we connect with our customers through these platforms. PIZZA HUT CHINA Pizza Hut Casual Dining is recovering more quickly, as Pizza Hut Casual it was not as severely impacted by the supplier event Dining has as KFC. With 1,300 restaurants in 350 cities, we are the number one western casual dining chain in China, with a lead around 6:1 over our nearest competitor. We offer 1,300 Units in an extensive menu across many categories and five-star 350 Cities service at a three-star price. This translates to extreme value for our customers and an experience they cannot get anywhere else in China. In 2015, we intend to grow same-store sales through constant innovation of our core offerings while we grow our breakfast and late night business. 6:1 Pizza Hut Home Service now has 250 restaurants in 35 Lead Over Nearest cities and is the only “All Meal” replacement delivery brand Casual Dining in China. Forty percent of our menu consists of Chinese Competitor food. So not only are we delivering pizza, we’re also delivering a full array of Chinese menu options. 3 In 2015, we will invest heavily in digital and mobile innovation to further enhance the Pizza Hut Home Service customer experience and grow same-store sales. Before I move on to our other divisions, I want to provide some details around a further write-down of our investment in Little Sheep. We recorded a non- cash Special Item net charge of $361 million in the fourth quarter of 2014. Acquired in 2012, Little Sheep has clearly fallen well below our expectations and has not yet achieved unit-level economics necessary to justify the expansion we had envisioned for this concept. We have a small, dedicated team focused on improving this business—and pending the outcome of these efforts, we will evaluate our options with Little Sheep later this year. Despite our recent challenges, we wouldn’t trade our position in China with any other restaurant company. Our category-leading brands, combined with a rapidly expanding consuming class, lead us to believe we remain on the ground floor of growth in the world’s fastest growing economy. As of January 1, 2014, we combined our Yum! Restaurants International and U.S. divisions into three global brand divisions: KFC, Pizza Hut and Taco Bell. China and India remain separate divisions given their strategic importance and enormous growth potential. 4 5 KFC DIVISION Globally our KFC business model is incredibly strong. I love the combination of being the emerging markets leader, being franchise led and having a line of sight to double-digit operating profit growth well into the future. KFC delivered a strong year of system sales growth led Turkey by emerging markets like Russia, Africa and Thailand and international developed markets like the UK, Continental Europe and Australia. Demonstrating its global power as an iconic brand, KFC set a new record for international development, opening nearly 670 restaurants. The new news for KFC is the U.S. business is performing much better. The KFC U.S.
Recommended publications
  • 2011 Yum! Brands Annual Customer Mania Report

    2011 Yum! Brands Annual Customer Mania Report

    Board of Directors Senior Officers David C. Novak 59 David C. Novak 59 Chairman, Chief Executive Officer and President, Chairman, Chief Executive Officer and President, Yum! Brands, Inc. Yum! Brands, Inc. Jing-Shyh S. (“Sam”) Su 59 Jing-Shyh S. (“Sam”) Su 59 Vice Chairman, Yum! Brands, Inc. Vice Chairman, Yum! Brands, Inc. Financial Highlights Chairman and Chief Executive Officer, Chairman and Chief Executive Officer, Yum! Restaurants China Yum! Restaurants China (In millions, except for per share amounts) Year-end 2011 2010 % B/(W) change David W. Dorman 58 Scott O. Bergren 65 Company sales $ 10,893 $ 9,783 11 Non-Executive Chairman, Chief Executive Officer, Pizza Hut U.S. and CVS Caremark Corporation Franchise and license fees and income 1,733 1,560 11 Yum! Chief Innovation Officer, Yum! Brands, Inc. Total revenues $ 12,626 $ 11,343 11 Massimo Ferragamo 54 Jonathan D. Blum 53 Operating Profit $ 1,815 $ 1,769 3 Chairman, Ferragamo USA, Inc., Senior Vice President, Chief Public Affairs and a subsidiary of Salvatore Ferragamo Italia Net Income – Yum! Brands, Inc. $ 1,319 $ 1,158 14 Global Nutrition Officer, Yum! Brands, Inc. (a) Diluted Earnings Per Common Share before Special Items $ 2.87 $ 2.53 14 Mirian M. Graddick-Weir 57 Anne P. Byerlein 53 Special Items Earnings Per Common Share (a) (0.13) (0.15) NM Executive Vice President Human Resources Chief People Officer, Yum! Brands, Inc. Merck & Co., Inc. Reported Diluted Earnings Per Common Share $ 2.74 $ 2.38 15 Christian L. Campbell 61 Cash Flows Provided by Operating Activities $ 2,170 $ 1,968 10 J.
  • Yum! Brands 2003 Annual Customer Mania Report Yum! Brands 2003 Annual Customer Mania Report

    Yum! Brands 2003 Annual Customer Mania Report Yum! Brands 2003 Annual Customer Mania Report

    YUM! BRANDS 2003 ANNUAL CUSTOMER MANIA REPORT YUM! BRANDS 2003 ANNUAL CUSTOMER MANIA REPORT Alone we’re delicious. Together we’re Power of Yum! DearDear Partners,Partners, I’mI’m pleasedpleased toto reportreport 22003003 wwasas a yyearear wwherehere we showed the underlying power of our global portfolio of leading restaurant brands. With continued profitable inter- national expansion led by dynamic growth in China, combined with strong momentum at Taco Bell in the United States, we achieved 13% earnings per share growth prior to special items. This growth was achieved in spite of a challenging worldwide environment which included war in Iraq, SARS in Asia, and a generally soft economy the first half of the year. Highlights include over $1 billion in operating profit, over $1 billion in cash from operating activities, and nearly $1 billion in franchise fees. In so doing, we once again achieved one of the industry’s leading returns on invested capital at 18%. After paying off $2.6 billion in debt the past six years, we now have the power of an investment-grade quality balance sheet. Given this strong performance and increasing financial strength, our share price climbed 42% in 2003, and our annual return to shareholders is 14% since becoming a public company in 1997. Going forward, we are quite confident we can continue to achieve our goals of growing our earnings per share at least 10% each year. We have three powerfully unique growth opportuni- ties that differentiate us from our competition. After reading this report, I hope you’ll agree that we are NOT YOUR ORDINARY RESTAURANT COMPANY.
  • Kentucky Fried Chicken Marketing Strategy (English)

    Kentucky Fried Chicken Marketing Strategy (English)

    Kentucky Fried Chicken Marketing Strategy (English) BY WISNUDEWOBROTO · DECEMBER 25, 2011 HISTORY KFC (formerly known as Kentucky Fried Chicken) is a trademark franchise of Yum! Brands, Inc., headquartered in Louisville, Kentucky, United States .Founded by Col. Harland Sanders, KFC is known mainly for his fried chicken, which is usually served in a bucket . Col. Sanders began selling fried chicken at his gas station in the year 1939 in Corbin, Kentucky which subsequently moved to a motel. He closed his business in the late 1940s when the Interstate highway through town. In the early 1950s, he began traveling the United States and met with Pete Harman in Salt Lake City, Utah, and in 1952 co-founded the Kentucky Fried Chicken restaurant is the first in the world (his first restaurant does not use that name). Sanders sold the entire KFC franchise in 1964 worth 2 million USD, which has since been resold three times. Ultimate owner is PepsiCo, which incorporate them into the company Tricon Global Restaurants division, now known as Yum! Brands, Inc. In 1997, Tricon from PepsiCo separately. In Indonesia, sole franchisee of KFC is PT. Fastfood Indonesia, Tbk ( IDX : FAST ), which was founded by Gelael Business Group in 1978, and registered as a public company since 1994 . Indonesia’s first KFC restaurant opened in October 1979 in Jalan Melawai, Jakarta. MARKETING STRATEGY KFC Corporation, or KFC, founded and also known as Kentucky Fried Chicken, is a chain of fast food restaurants based in Louisville, Kentucky. KFC is a brand and operating segment, called a “concept” of Yum! Brands since 1997 when that company was spun off from PepsiCo.
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D

    UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D

    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K [ ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 25, 2010 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 1-13163 YUM! BRANDS, INC. (Exact name of registrant as specified in its charter) North Carolina 13 -3951308 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1441 Gardiner Lane, Louisville, Kentucky 40213 (Address of principal executive offices) (Zip Code) Registrant ’s telephone number, including area code: (502) 874-8300 Securities registered pursuant to Section 12(b) of the Act Title of Each Class Name of Each Exchange on Which Registered Common Stock, no par value New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes √ No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No √ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D

    UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D

    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 ___________ FORM 10-Q (Mark One) [ Ÿ ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended September 5, 2015 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 1-13163 ________________________ YUM! BRANDS, INC. (Exact name of registrant as specified in its charter) North Carolina 13-3951308 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1441 Gardiner Lane, Louisville, Kentucky 40213 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (502) 874-8300 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [ ü ] No [ ] Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [ ü ] No [ ] Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company.
  • Yum China Holdings, Inc. (Exact Name of Registrant As Specified in Its Charter)

    Yum China Holdings, Inc. (Exact Name of Registrant As Specified in Its Charter)

    Table of Contents As filed with the Securities and Exchange Commission on February 27, 2018 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Yum China Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 81-2421743 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 7100 Corporate Drive Yum China Building Plano, Texas 75024 20 Tian Yao Qiao Road United States of America Shanghai 200030 People’s Republic of China (469) 980-2898 (Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices) Shella Ng Chief Legal Officer and Corporate Secretary Yum China Holdings, Inc. 7100 Corporate Drive Plano, Texas 75024 (469) 980-2898 (Name, address, including zip code, and telephone number, including area code, of agent for service) With copies to: Lindsey A. Smith Sidley Austin LLP One South Dearborn Street Chicago, Illinois 60603 (312) 853-7000 Approximate date of commencement of proposed sale to the public: From time to time after this registration statement becomes effective. If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box: ☐ If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box: ☒ If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.
  • Q4 2017 Yum China Holdings Inc Earnings Call on February 08, 2018 / 12:00AM

    Q4 2017 Yum China Holdings Inc Earnings Call on February 08, 2018 / 12:00AM

    Client Id: 77 THOMSON REUTERS STREETEVENTS EDITED TRANSCRIPT YUMC - Q4 2017 Yum China Holdings Inc Earnings Call EVENT DATE/TIME: FEBRUARY 08, 2018 / 12:00AM GMT OVERVIEW: Co. reported 2017 revenues of more than $7b, adjusted net income of $564m, and adjusted diluted EPS of $1.42. 4Q17 total revenues were $2.2b, net loss was $90m, and adjusted diluted EPS was $0.19. THOMSON REUTERS STREETEVENTS | www.streetevents.com | Contact Us ©2018 Thomson Reuters. All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. Client Id: 77 FEBRUARY 08, 2018 / 12:00AM, YUMC - Q4 2017 Yum China Holdings Inc Earnings Call CORPORATE PARTICIPANTS Jacky Lo Yum China Holdings, Inc. - CFO and Treasurer Joey Wat Yum China Holdings, Inc. - President, COO & Director Michelle Shen Yum China Holdings, Inc. - Director of Finance Muktesh Pant Yum China Holdings, Inc. - CEO & Director CONFERENCE CALL PARTICIPANTS Brian John Bittner Oppenheimer & Co. Inc., Research Division - MD and Senior Analyst Chen Luo BofA Merrill Lynch, Research Division - MD John Stephenson Glass Morgan Stanley, Research Division - MD Matthew Robert McGinley Evercore ISI, Research Division - Restaurant Analyst Michelle Cheng Goldman Sachs Group Inc., Research Division - Executive Director Sara Harkavy Senatore Sanford C. Bernstein & Co., LLC., Research Division - Senior Research Analyst Xiaopo Wei Citigroup Inc, Research Division - Director & Head of Asia-Pacific Consumer Research Yan Peng UBS Investment Bank, Research Division - Executive Director & China Consumer Staples Sector Analyst PRESENTATION Operator Ladies and gentlemen, thank you for standing by, and welcome to the Yum China 2017 Fourth Quarter and Fiscal Year Earnings Conference Call.
  • Yum China Launches Family Care Program for Restaurant Management Team

    Yum China Launches Family Care Program for Restaurant Management Team

    Yum China Launches Family Care Program for Restaurant Management Team 5 February, 2020 SHANGHAI, Feb. 5, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today announced the launch of a family care program, by establishing the "Restaurant Management Team (RMT) Family Care Fund". The program is designed to provide additional health protection for family members of restaurant management employees. The new scheme will start in July 2020 and cover an estimated 86,000 parents, spouses and children of more than 31,000 RMT employees. On top of the existing commercial insurance, RMT members will be entitled to additional coverage for critical illness for their parents as well as additional accident coverage for their children and spouse. The scheme also offers express medical treatment for their parents in selected hospitals. "In 2018, Yum China launched the Restaurant General Manager (RGM) Family Care Program, which was greatly appreciated by our RGMs and their families. Since then we have been exploring ways to offer a similar program for RMT members who are sometimes required to take on the extreme burden of caring for their families when faced with unfortunate events. The establishment of this plan further reinforces our commitment to being a supportive and caring employer," said Joey Wat, CEO of Yum China. RMT members can participate in the scheme on a voluntary basis with only a small contribution to the fund every year. The bulk of the remaining cost will be borne by the Company. This scheme goes beyond others in the market by increasing the age cap to 75 years for employees' parents and 22 years for their children.
  • Global Journal of Human Social Science with the Subjective City of the Post-Pandemic, in Addition to the Espaço Para Ativar Fobias

    Global Journal of Human Social Science with the Subjective City of the Post-Pandemic, in Addition to the Espaço Para Ativar Fobias

    OnlineISSN:2249-460X PrintISSN:0975-587X DOI:10.17406/GJHSS AffectionandHealthyHousing TheSoutheastAsianCyber-Self FloodProneAreasofBangladesh StudyonOralHygienePractices VOLUME20ISSUE9VERSION1.0 Global Journal of Human-Social Science: C Sociology & Culture Global Journal of Human-Social Science: C Sociology & Culture Volume 2 0Issue 9 (Ver. 1.0) Open Association of Research Society Global Journals Inc. *OREDO-RXUQDORI+XPDQ (A Delaware USA Incorporation with “Good Standing”; Reg. Number: 0423089) Social Sciences. 2020. Sponsors:Open Association of Research Society Open Scientific Standards $OOULJKWVUHVHUYHG 7KLVLVDVSHFLDOLVVXHSXEOLVKHGLQYHUVLRQ Publisher’s Headquarters office RI³*OREDO-RXUQDORI+XPDQ6RFLDO 6FLHQFHV´%\*OREDO-RXUQDOV,QF Global Journals ® Headquarters $OODUWLFOHVDUHRSHQDFFHVVDUWLFOHVGLVWULEXWHG XQGHU³*OREDO-RXUQDORI+XPDQ6RFLDO 945th Concord Streets, 6FLHQFHV´ Framingham Massachusetts Pin: 01701, 5HDGLQJ/LFHQVHZKLFKSHUPLWVUHVWULFWHGXVH United States of America (QWLUHFRQWHQWVDUHFRS\ULJKWE\RI³*OREDO -RXUQDORI+XPDQ6RFLDO6FLHQFHV´XQOHVV USA Toll Free: +001-888-839-7392 RWKHUZLVHQRWHGRQVSHFLILFDUWLFOHV USA Toll Free Fax: +001-888-839-7392 1RSDUWRIWKLVSXEOLFDWLRQPD\EHUHSURGXFHG Offset Typesetting RUWUDQVPLWWHGLQDQ\IRUPRUE\DQ\PHDQV HOHFWURQLFRUPHFKDQLFDOLQFOXGLQJ SKRWRFRS\UHFRUGLQJRUDQ\LQIRUPDWLRQ Globa l Journals Incorporated VWRUDJHDQGUHWULHYDOV\VWHPZLWKRXWZULWWHQ 2nd, Lansdowne, Lansdowne Rd., Croydon-Surrey, SHUPLVVLRQ Pin: CR9 2ER, United Kingdom 7KHRSLQLRQVDQGVWDWHPHQWVPDGHLQWKLV ERRNDUHWKRVHRIWKHDXWKRUVFRQFHUQHG 8OWUDFXOWXUHKDVQRWYHULILHGDQGQHLWKHU
  • Yum! Brands, Inc. (NYS: YUM)

    Yum! Brands, Inc. (NYS: YUM)

    Yum! Brands, Inc. (NYS: YUM) General Company Information Principal Office Website 1441 Gardiner Lane Louisville, KY 40213www.yum.com USA Phone Primary NAICS 502 874-8300 722211 : Limited-Service Restaurants Fax Closing Stock Price 502 874-8790 71.48 (as of 09/09/2013) Auditor Incorporated KPMG LLP 1997 , NC, United States Number of Employees Mergent Dividend Achiever 523,000 (Year End Average Staff as ofNo 12/29/2012) Country Number of Shareholders United States 65,133 (as of 02/12/2013) Exchange and Ticker Annual Meeting NYS : YUM In May Primary SIC 5812 : Eating places Business Summary Yum! Brands is a service restaurant company. Through the three concepts of KFC, Pizza Hut and Taco Bell, Co. develops, operates, franchises and licenses a worldwide system of restaurants which prepare, package and sell a menu of food items. Co.'s business consists of six operating segments: YUM Restaurants China, which includes mainland China; YUM Restaurants International, which includes the remainder of Co.'s international operations; the U.S., which consists of Taco Bell U.S., KFC U.S., and Pizza Hut U.S.; and YUM Restaurants India, which includes India, Bangladesh, Mauritius, Nepal and Sri Lanka. As of Dec 29 2012, Co. had about 39,000 units in more than 125 countries and territories. Company Details Pricing Summary Time Period: 1 week Yesterday 5 Days 30 Days Close 71.48 69.84 74.4 Volume 3,323,516.002,633,502.00N/A 52 Week High/Low : 74.82 - 62.08 % Price Change (100 Days) : 5.51 200-Day Moving Avg.
  • Yum China Opens Taco Bell Store in Beijing

    Yum China Opens Taco Bell Store in Beijing

    Yum China Opens Taco Bell Store in Beijing 8/21/2020 The world's largest Mexican-inspired restaurant chain has arrived in China's capital SHANGHAI, Aug. 21, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today announced the opening of a new Taco Bell store in Beijing, its first store in the capital city. The new store, located in Beijing's Liangmaqiao district, will open its doors to the public on August 21. "After much anticipation we are thrilled to bring this iconic brand to Beijing. The new store integrates Taco Bell's signature food and spirit into the local community and we are excited to welcome new and existing Taco Bell customers," said Joey Wat, CEO of Yum China. "We believe that there is a growing appetite for Taco Bell, and we will continue to review and refine Taco Bell's service model and offerings for the Chinese market. We also look forward to bringing this fun and dynamic brand to other parts of the country in the future." Beijing's first Taco Bell is located near the heart of the city's CBD in a prime international and cosmopolitan neighborhood. The Beijing store reflects Taco Bell's reputation as a culture-centric, lifestyle brand that provides craveable and value-for-money Mexican-inspired food with bold flavors. Similar to Taco Bell's existing stores in mainland China, this new store features many of the brand's signature menu items, such as nachos, tacos, quesadillas and burritos, some of which have been adapted to local tastes.
  • Yum! Brands 2014 Corporate Social Responsibilty Report

    Yum! Brands 2014 Corporate Social Responsibilty Report

    BUILDING THREE ICONIC BRANDS PEOPLE TRUST & CHAMPION Yum! Brands 2014 Corporate Social Responsibilty Report Thank you for your interest in the Yum! Brands 2014 Corporate Social Responsibility Report. I’m extremely proud of the many ways our three iconic brands come together to show we’re a company with a Huge Heart—opening doors, growing people and truly caring about the world. KFC, Pizza Hut and Taco Bell serve millions of customers in our 41,000 restaurants in 125 countries and territories around the world. And I’m equally pleased that each brand has meaningful CSR efforts that positively impact the local communities where our employees, franchisees and customers live and work. Considering our collective impact, Yum! Brands was the only restaurant company to be named one of the 100 Best Corporate Citizens by Corporate Responsibility Magazine in 2014. I’m proud of the progress we’re making on our journey to build three global brands people trust and champion, and we are going to get better and more courageous every day at delivering on the high quality, high integrity commitments our consumers and stakeholders care about most in our food, people, communities and environment. This year we continued on our journey to serve high quality food that’s delicious and nutritious. We also invested significantly in all of our people. When it comes to reducing our environmental footprint, we made great strides towards being responsibly green in our restaurants and beyond. Lastly, we have raised $600 million in cash and food donations since 2007 in the fight against global hunger for the United Nations World Food Programme and other hunger relief agencies.