Hotels, Restaurants and Leisure
Company Overview of KFC Corporation
KFC Corporation, also known as Kentucky Fried Chicken, operates a chain of chicken restaurants in the United States and internationally. The company provides sandwiches, sides, desserts, drinks, sauces, fill ups, buttermilk biscuits, and other products; big box meals, popcorn nuggets, and kid’s meals; and chicken products, including chicken hot wings, chicken sandwiches, and fried chicken products. The company also franchises its restaurants. KFC Corporation was founded in 1952 and is based in Louisville, Kentucky. KFC Corporation operates as a subsidiary of Yum! Brands, Inc.
1441 Gardiner Lane
Louisville, KY 40213-1957
Founded in 1952
Key Executives for KFC Corporation
Executive Vice President of Marketing & Food Innovation
Vice President of Marketing
Marketing Director of New Concepts and Strategy
Compensation as of Fiscal Year 2015.
KFC Corporation Key Developments
KFC Corp. Closes its Store at Baxter and Highlands Avenues
Apr 27 15
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
Apr 21 15
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
Oct 7 14
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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