Yum Brands Has Good Fourth Quarter

Yum Brands Has Good Fourth Quarter

Louisville-based Yum Brands had a strong fourth quarter, with a 30% increase in profits from 2010.
Louisville-based Yum Brands -- owner of Pizza Hut, Taco Bell, and KFC -- had a strong fourth quarter of 2011, with profits up 30 percent over 2010.

The company says it saw strong overseas growth and a turnaround by its Pizza Hut restaurants. Yum added 656 restaurants in China and 905 in other countries. Pizza Hut saw sales go up by six percent in restaurants open more than a year.

At the same time, sales for both Taco Bell and KFC were down a little.
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