Yum! Brands, Inc. or Yum! is a United States-based Fortune 500 corporation. Yum! operates four licenses Taco Bell, KFC, Pizza Hut, and WingStreet restaurants worldwide. Prior to 2011, Yum! also owned Long John Silver's and A&W Restaurants.
Based in Louisville, Kentucky, it is the world's largest fast food restaurant company in terms of system units—more than 40,000 restaurants around the world in over 125 countries. In 2011, Yum!'s global sales totaled more than US$14 billion.
History[]
Tricon Global[]
Yum! was created on May 30, 1997, as Tricon Global Restaurants, Inc. an independent company, as a result of a spin-out of the former fast food division of PepsiCo, which owned and franchised the KFC, Pizza Hut, and Taco Bell brands worldwide. Because of the company's previous relationship with Pepsi, Yum! Brands has a lifetime contract with PepsiCo, with notable exceptions the contracts of franchisees such as HMSHost and college-operated Pizza Hut locations with Coca-Cola products that override Yum's lifetime PepsiCo contract, along with some scattered KFC franchises across the United States which continue to maintain Coke fountain rights.
