YUM! Brands, Inc., together with its subsidiaries, operates as a quick service restaurant company (QSR) in the United States (U.S.). The company’s segments include YUM Restaurants China (China or China Division), YUM Restaurants International (YRI or International Division), Taco Bell U.S., KFC U.S., Pizza Hut U.S., and YUM Restaurants India (India or India Division). The China Division includes mainland China, and the India Division includes India, Bangladesh, Mauritius, Nepal, and Sri Lanka. YRI includes the remainder of its international operations. Restaurant Concepts Most restaurants in each Concept offer consumers the ability to dine in and/or carry out food. In addition, Taco Bell and KFC offer a drive-thru option in many stores. Pizza Hut offers a drive-thru option on limited basis. Pizza Hut and KFC offer delivery service. KFC: KFC operates in 120 countries and territories worldwide. As of December 29, 2012, KFC had 4,260 units in China, 9,040 units in YRI, 4,618 units in the U.S., and 280 units in India. KFC restaurants across the world offer fried and non-fried chicken products, such as sandwiches, chicken strips, chicken-on-the-bone and other chicken products marketed under various names. KFC restaurants also offer various side items suited to local preferences and tastes. Pizza Hut: Pizza Hut is a restaurant chain. It specializes in the sale of ready-to-eat pizza products. Pizza Hut operates in the delivery and casual dining segments worldwide. Pizza Hut operates in 97 countries and territories worldwide. As of December 29, 2012, Pizza Hut had 987 units in China, 5,304 units in YRI, 7,756 units in the U.S. and 310 units in India. Pizza Hut features various pizzas, which are marketed under varying names. Each of these pizzas is offered with a variety of different toppings suited to local preferences and tastes. Many Pizza Huts also offer pasta and chicken wings, including approximately 3,800 stores offering wings under the brand WingStreet, primarily in the U.S. Pizza Hut units feature a distinctive red roof logo on their signage. Taco Bell: Taco Bell operates in 27 countries and territories worldwide. As of December 29, 2012, there were 5,695 Taco Bell units in the U.S., 282 units in YRI and 3 units in India. Taco Bell specializes in Mexican-style food products, including various types of tacos, burritos, quesadillas, salads, nachos and other related items. Taco Bell units feature a distinctive bell logo on their signage. Restaurant Operations The company develops, operates, franchises, and licenses a worldwide system of both traditional and non-traditional QSR restaurants. Traditional units feature dine-in, carryout and, in some instances, drive-thru or delivery services. Trademarks and Patents The company and its Concepts own various registered trademarks and service marks. Its marks include Kentucky Fried Chicken, KFC, Pizza Hut, Taco Bell, and Little Sheep. Research and Development For the year ended December 29, 2012, the company expensed $30 million for research and development activities. Government Regulation The company and each Concept, as applicable, continue to monitor their facilities for compliance with the Americans with Disabilities Act to conform to its requirements. History YUM! Brands, Inc. was founded in 1997. It was incorporated under the laws of the state of North Carolina in 1997.
yum! brands inc (TGR:Frankfurt)
1441 Gardiner Lane
Louisville, KY 40213
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