YUM - Yum! Brands Inc.

YUM! Brands, Inc. (YUM) is a quick service restaurant (QSR) company, with more than 37,000 units in more than 110 countries and territories. YUM through its five concepts of KFC, Pizza Hut, Taco Bell, Long John Silvers (LJS) and A&W All-American Food Restaurants (A&W) (the Concepts), the Company develops, operates, franchises and licenses a worldwide system of restaurants, which prepare, package and sell a menu of competitively priced food items. Units are operated by a Concept or by independent franchisees or licensees under the terms of franchise or license agreements. In addition, the Company owns non-controlling interests in entities in China who operate similar to franchisees of KFC and a non-controlling interest in Little Sheep, a Hot Pot concept. Through its Concepts, YUM develops, operates, franchises and licenses a worldwide system of both traditional and non-traditional QSR restaurants.