Wednesday, December 9, 2009

Yum Confirms '09 Earnings Outlook

(NYSE: YUM - News), the parent of the KFC, Taco Bell and Pizza Hut fast-food chains, reiterated its fiscal 2009 earnings per share growth forecast of 12%, excluding one-time items, helped by commodity deflation, lower effective tax rate and the addition of 1,400 new units in China and other international markets.

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