YUM! Brands, Inc. is a quick service restaurant company. The company develops, operates, franchises and licenses a worldwide system of restaurants which prepare, package and sell a menu of food items through the five concepts of KFC, Pizza Hut, Taco Bell, Long John Silver’s and All American Food Restaurants brands. In addition, the company owns non-controlling interests in entities in China which operates similar to franchisees of KFC and a non-controlling interest in Little Sheep, a Hot Pot concept headquartered in Hong Kong. YUM’s business consists of three reporting segments: YUM Restaurants China, YUM Restaurants International and YUM Restaurants United States. The China segment includes mainland China. The YUM Restaurants segment includes the remainder of international operations. The US segment includes Long John Silver’s and All American Food Restaurants. The company considers KFC-U.S., Pizza Hut-U.S., Taco Bell-U.S. and LJS/A&W-U.S. into a single reportable operating segment. The KFC restaurants offers fried and non-fried chicken-on-the-bone products, primarily marketed under the names Original Recipe, Extra Tasty Crispy and Kentucky Grilled Chicken. The Pizza Hut features a variety of pizzas, which may include Pan Pizza, Thin 'n Crispy, Hand Tossed, Sicilian, Stuffed Crust, Twisted Crust, Sicilian Lasagna Pizza, Cheesy Bites Pizza, The Big New Yorker, The Big Italy, The Insider, The Chicago Dish, the Natural, Pizza Mia and 4forALL. The Taco Bell specializes in Mexican-style food products, including various types of tacos, burritos, gorditas, chalupas, quesadillas, taquitos, salads, nachos and other related items. The Long John Silver’s features a variety of seafood and chicken items, including meals featuring batter-dipped fish, chicken and shrimp, non-fried salmon, shrimp and tilapia, hushpuppies and portable snack items. The All American Food Restaurants serves A&W draft Root Beer and a signature A&W Root Beer float, as well as hot dogs and hamburgers. The company was formerly known as TRICON Global Restaurants, Inc. and changed its name to YUM! Brands, Inc. on May 16, 2002. It was founded in October 1997 and is headquartered in Louisville, KY.
Yum! Brands, Inc.
1441 Gardiner Lane
Louisville, KY 40213
SIC Code: 5812
Jim Cramer Interview with David Novak
Cramer Interviews YUM Brands CEO