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Yum Continues International Growth

LOUISVILLE, KY-Double-digit sales in China encourage expansion.

By Debra Hazel | Updated on October 07, 2009

LOUISVILLE, KY-Buoyed by double-digit sales growth in China Yum! Brands will continue to expand internationally by about 900 units this year and next, executives said at the company’s third-quarter conference call.

Yum Restaurants International will open at least 900 units this year, part of a total of 1,400 new units to open–also comprising 479 new restaurants in China. While 2010 plans are not finalized, similar expansion is in the works.

“The growth rate may go down, but absolute numbers may go up,” said CFO Richard T.Carucci. “Our development pipeline looks similar to what it looked like last year.”

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