Monday, April 24, 2006

It Must Be because of all the Beef and Potato Burritos I Ate

Yum Brands looks like they are getting fat off their profits.

The parent of KFC, Taco Bell and Pizza Hut beat Wall Street expectations, and raised its earnings-per-share outlook for the full year. The company's brands also include Long John Silver's and A&W All-American Food Restaurants.

I especially like this China growth. I guess it won't be long before the Chinese are as fat as us Americans. I wonder if Taco Bell is strong in China or not. It would be interesting to see if the Chinese like Taco Bell as much as us Americans do.

Yum said its operating profit totaled $58 million in its China division in the just-ended period, up 10 percent from a year ago. The growth was fueled by continued expansion as Yum's mainland China operations grew by 63 restaurants in the quarter. The China division also includes Thailand and KFC Taiwan business.

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