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Yum Brands (LTS:0QYD) Other Liabilities for Insurance Companies


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What is Yum Brands Other Liabilities for Insurance Companies?

Other Liabilities for Insurance Companies only applies to insurance companies.


Yum Brands Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Yum Brands Inc (LTS:0QYD) » Definitions » Other Liabilities for Insurance Companies
Address
1441 Gardiner Lane, Louisville, KY, USA, 40213
Yum Brands is a US-based restaurant operator featuring a portfolio of four brands: KFC (31,981 global units at year-end 2024), Pizza Hut (20,225 units), Taco Bell (8,757 units), and Habit Burger & Grill (nearly 400 units). With more than $65 billion in 2024 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($131 billion). Yum is 98% franchised, with the largest franchisee, Yum China, spun out in 2016, after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity. Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.