China Loves KFC, Pizza Hut And Investors Should Too

China’s appetite for Colonel Sanders’ chicken continues to grow. The world’s most populated country now accounts for 41.5% of Yum Brands’ (YUM – Analyst Report) overall revenue, up from 35.8% a year ago.
The company, which also operates Pizza Hut and Taco Bell, reported solid third quarter earnings on October 5. Management also increased earnings guidance for the remainder of the year, prompting analysts to raise their estimates.

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