Yum Brands profit rises 5% on acquisitions


  • Business
  • Wednesday, 12 Feb 2003

CHICAGO: Yum Brands Inc, parent of the Pizza Hut, Taco Bell and KFC fast-food chains, has posted a small 5% rise in quarterly earnings, helped by acquisitions, a lower tax rate and higher sales at locations offering food from more than one brand. 

Facing stiff competition in the US fast-food market, Yum Brands has been trying to attract more consumers by installing restaurants that feature several of its brands.  

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