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June 02, 2015 2:58 AM ET

Hotels, Restaurants and Leisure

Company Overview of Taco Bell Corp.

Company Overview

Taco Bell Corp. owns, operates, and franchises a chain of Mexican-inspired quick service restaurants in the United States. Its restaurants offer made to order and customizable tacos, burritos, quesadillas, gorditas, nachos, chalupas, beverages, desserts and sides, and other specialty items. The company was founded in 1954 and is headquartered in Irvine, California. Taco Bell Corp. operates as a subsidiary of Yum! Brands, Inc.

1 Glen Bell Way

Irvine, CA 92618

United States

Founded in 1954

Phone:

949-863-4500

Fax:

949-863-2252

Key Executives for Taco Bell Corp.

Chief Executive Officer
Age: 40
Chief Financial Officer
Chief Executive Officer of Yum! Brands, Inc.
Age: 56
President of Taco Bell International
Age: 51
Chief Development Officer
Compensation as of Fiscal Year 2014.

Taco Bell Corp. Key Developments

Taco Bell Launches Store in Gateway Mall, Araneta Center Cubao

TACO BELL Philippines announced that it has launched the new Live MAS concept store in Gateway Mall, Araneta Center Cubao.

Taco Bell Reports Unaudited Earnings Results for the First Quarter of 2015

Taco Bell reported unaudited earnings results for the first quarter of 2015. For the quarter, the company’s franchise & license fees was $96 million against $85 million a year ago. Operating profit was $115 million against $84 million a year ago. Taco Bell Division system sales increased 9%, driven by 6% same-store sales growth and 3% unit growth. Restaurant margin was 19.6%, an increase of 4.0% points, driven by same-store sales growth. The combination of pricing actions and favorable menu mix more than offset inflation during the quarter. Operating margin increased 5.2% points, including a 0.9% point benefit from the overlap of franchise incentives paid in 2014 to support the national launch of breakfast.

Asrapport Dining Enters into Franchise Agreement with Taco Bell for Restaurants in Japan

Asrapport Dining Co Ltd. announced the signing of a franchise agreement with Taco Bell Corp. for restaurant openings in Japan. Under this agreement, Asrapport Dining will become a franchisee of to operate 'Taco Bell' restaurants in Japan. Asrapport Dining operates a food service franchise business with 429 restaurants throughout Japan.

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Recent Private Companies Transactions

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