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May 05, 2015 8:46 PM ET

Hotels, Restaurants and Leisure

Company Overview of KFC Corporation

Company Overview

KFC Corporation, also known as Kentucky Fried Chicken, operates a chain of chicken restaurants in the United States and internationally. The company provides chicken, sandwiches, crispy chicken, bowls, desserts, sides, and drinks. It also offers sweet corn, mashed potatoes, kids meal, cole slaw, wedges and salads, buttermilk biscuits, and biscuits. The company also franchises its restaurants. KFC Corporation was founded in 1952 and is based in Louisville, Kentucky. It has outlets internationally. KFC Corporation operates as a subsidiary of Yum! Brands, Inc.

1441 Gardiner Lane

Louisville, KY 40213-1957

United States

Founded in 1952

Phone:

502-874-8300

Fax:

502-874-8790

Key Executives for KFC Corporation

Executive Vice President of Marketing & Food Innovation
Age: 50
Vice President of Marketing
Director of New Concepts
Marketing Director of New Concepts and Strategy
Compensation as of Fiscal Year 2014.

KFC Corporation Key Developments

KFC Corp. Closes its Store at Baxter and Highlands Avenues

KFC eleven, at 1004 Bardstown Road near Baxter and Highlands avenues, was KFC Corp.'s only 'fast casual' concept store and offered such items as flatbreads, salads and rice bowls with flavors including Sweet Orange Ginger. The restaurant opened in August 2013 and abruptly closed. The building is permanently closed and will be put up for sale. Employees are being offered the chance to transfer to other stores.

KFC Reports Unaudited Earnings Results for the First Quarter of 2015

KFC reported unaudited earnings results for the first quarter of 2015. For the quarter, the company’s franchise & license fees was $197 million against $195 million a year ago. Operating profit was $169 million against $163 million a year ago. Foreign currency translation negatively impacted operating profit by $1 million. KFC Division system sales increased 8%, excluding foreign currency translation. Foreign currency translation negatively impacted operating profit by $13 million. Same-store sales growth increased by 5%.

KFC Announces Unaudited Financial Results for the Third Quarter and Nine Months Ended September 6, 2014; Provides Earnings Guidance for the Year of 2014

KFC announced unaudited financial results for the third quarter and nine months ended September 6, 2014. For the quarter, the company reported total revenues of $771 million against $704 million a year ago. Operating profit of $169 million against $147 million a year ago. For the nine months, the company reported total revenues of $2,189 million against $2,066 million a year ago. Operating profit of $487 million against $457 million a year ago. For the year of 2014, the company expects continued solid sales and profit growth at KFC division, outside of China, led by strong international performance and improving U.S. results.

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