Yum Reports Comps, Revenue Growth For Q4, ’07

Qsr:

Yum! Brands Inc. has reported results for the fourth quarter and year ended Dec. 29, 2007.

Worldwide same-store sales increased 3 percent for the year. For the quarter, same-store sales grew 4 percent, including 17 percent in mainland China, 5 percent in Yum! Restaurants International and 1 percent in the United States.

Revenues for the year were $10.4 billion, a 9-percent increase over the previous year. Revenues for the quarter were $3.3 billion, an 8 percent increase over the last year’s fourth quarter.