Fast-food restaurant operator Yum Brands Inc. says its U.S. business remains in the doldrums as its Taco Bell brand tries to recover from publicity surrounding a dropped lawsuit over the beef content of its taco filling. Yum Chief Financial Officer Rick Carucci told industry analysts Thursday that the company is bracing for another double-digit drop in operating profit in […]
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Yum Brands Selling Long John Silver’s, A&W
The Fortune 500 company purchased the two chains in 2002, and is now looking for buyers. Yum officials say the sale is necessary as Yum focuses on expanding its KFC, Pizza Hut and Taco Bell chains domestically and internationally, specifically in China.