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| Free Hospitality Publications |
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Restaurant Industry News
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Sunday June 11th, 2006 |
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Yum's U.S. sales grew in February
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Yum! Brands Reports Latest Global Sales Results |
Yum! Brands Inc. (NYSE: YUM) today reported Period 2, 2006, system sales for its International Division increased 4% prior to foreign currency conversion or flat after conversion to U.S. dollars; U.S. blended same-store sales at company restaurants increased 4%, and actual Period 2 (January) sales for the China Division grew +25%, better than our previously reported estimate of +22%.
First-quarter system-sales growth for the China Division is estimated at +14% on a local currency basis, versus +26% last year, better than the company's prior forecast released February 6, 2006. The first quarter for the China Division includes the months of January and February. The company also announced preliminary China Division system-sales growth of +4% on a local currency basis for the month of February. Timing of the Chinese New Year, which started January 29, 2006, versus February 13, 2005, negatively impacted February sales in 2006.
U.S. Company SAME-STORE-Sales Growth (Estimated)
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Period 2, 2006 Period 2, 2005
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U.S. BLENDED +4% +4%
Taco Bell +7% +7%
Pizza Hut +1% +2%
KFC +5% +3%
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| Last: |
51.71 |
| Time: |
6/9/2006 4:03pm |
| Change: |
+0.20 |
| Opened: |
51.41 |
| Day: |
52.00 - 51.35 |
| Volume: |
986100 |
| Yum! U.S. blended same-store sales: Down 1% |
| Yum! Brands Debuts Advertising on Network Television for First-Ever Presenting Sponsorship of 132nd Kentucky Derby |
| Luby's Announces Third Quarter Fiscal 2006 Results |
| Brinker International Confirms 2006 Guidance and Provides 2007 Outlook |
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