Yum to cut owned restaurants sharply by end 2010
Yum to cut owned restaurants sharply by end 2010
![KFC for news KFC for news](https://media.potatopro.com/kfc-1200.jpg?width=1200&height=743&crop=smart&mode=crop)
Yum Brands Inc, owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said on Thursday it aims to own fewer than 10 percent of its U.S. restaurants by the end of 2010, down from about 20 percent currently.
In a statement, the company also said it expects earnings per share to increase at least 10 percent in 2008, in line with its long-term targets.
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June 27, 2024