YUM! Brands, Inc., together with its subsidiaries, operates quick service restaurants. Segments As of December 27, 2014, the company consisted of five operating segments: YUM China (China or China Division), which includes all operations in mainland China; YUM India (India or India Division), which includes various operations in India, Bangladesh, Nepal, and Sri Lanka; The KFC Division, which includes various operations of the KFC concept outside of China Division and India Division; The Pizza Hut Division, which includes various operations of the Pizza Hut concept outside of China Division and India Division; and The Taco Bell Division, which includes various operations of the Taco Bell concept outside of India Division. Restaurant Concepts Majority 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 various stores. Pizza Hut offers a drive-thru option on a limited basis. Pizza Hut and KFC, on a limited basis primarily in China, offer delivery service. KFC KFC operates in 120 countries and territories throughout the world. As of December 27, 2014, KFC had 4,828 units in China, 395 units in India, and 14,197 units within the KFC Division. KFC restaurants offer fried and non-fried chicken products, such as sandwiches, chicken strips, chicken-on-the-bone, and other chicken products, marketed under various names worldwide. KFC restaurants also offer various entrees and side items suited to local preferences and tastes. Pizza Hut Pizza Hut operates in 92 countries and territories worldwide. As of December 27, 2014, Pizza Hut had 1,572 units in China, 431 units in India, and 13,602 units within the Pizza Hut Division. Pizza Hut operates in the delivery, carryout and casual dining segments worldwide. Pizza Hut features various pizzas, which are marketed under varying names. Each of these pizzas is offered with different toppings suited to local preferences and tastes. Majority Pizza Huts also offer pasta and chicken wings, including approximately 5,700 stores offering wings under the brand WingStreet, primarily in the U.S. Outside the U.S., Pizza Hut casual dining restaurants offer various core menu products other than pizza, which are suited to local preferences and tastes. Taco Bell Taco Bell operates in 21 countries and territories throughout the world. As of December 27, 2014, there were 6,199 Taco Bell units within the Taco Bell Division, primarily in the U.S., and 7 units in India. Taco Bell engages in Mexican-style food products, including various types of tacos, burritos, quesadillas, salads, nachos, and other related items. Restaurant Operations The company, through its Concepts, develops, operates, franchises, and licenses a worldwide system of both traditional and non-traditional quick service restaurants. Traditional units feature dine-in, carryout, and in some instances, drive-thru or delivery services. Non-traditional units, which are licensed outlets, include express units and kiosks, which have a more limited menu, generate lower sales volumes and operate in non-traditional locations, such as malls, airports, gasoline service stations, train stations, subways, convenience stores, stadiums, amusement parks, and colleges. Trademarks and Patents The company and its Concepts own various registered trademarks and service marks. The company’s marks include its Kentucky Fried Chicken, KFC, Pizza Hut, and Taco Bell marks. Research and Development The company expensed $30 million for research and development activities in 2014. History YUM! Brands, Inc. was founded in 1997. The company 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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