Yum! Restaurants International
Yum! Brands is focused on driving aggressive international expansion and building strong brands everywhere. Yum! Restaurants International (YRI) is a powerful global growth engine for Yum! Brands has approximately 14,700 restaurants outside of the U.S., China, and India with system sales of nearly $17 billion and $715 million in operating profits in 2012.
YRI’s demonstrated track record of growth and expansion of the KFC and Pizza Hut brands around the world has been a large part of our success. YRI is a diverse, high-return business, with $715 million in operating profits in 2012 and 949 new restaurant openings. 2012 was YRI’s twelfth year of opening more than 700 new restaurants outside of the U.S. and China.
We have strong local teams around the world with established supply chains and nearly 1,000 international franchisees. Our franchise partners are driving growth by opening a vast majority of our new international restaurants.
Our international business is one of the key factors that make us truly unique in the restaurant industry. New unit development, specifically in emerging markets such as Russia, Africa, Vietnam and others, is what sets Yum! apart and is positioning YRI for many successful years into the future. YRI continues to capitalize on explosive emerging market growth on a level that is unmatched by competitors. We expect our category-leading position in emerging markets to fuel continued strong growth.
We are also excited about our opportunities in developed markets such as France and Germany. In fact, France enjoys the highest unit volumes of any KFC business in the world. With our exciting opportunities in both emerging and developed markets, we believe we are well positioned for growth for many years to come.