Yum Brands Inc, operator of the KFC, Taco Bell and Pizza Hut fast-food chains, posted a bigger-than-expected jump in quarterly profit on Tuesday, fueled by growth in China, and raised its full-year forecast.
Shares at Yum rose 3.8 percent after it said first-quarter net income jumped to $254 million, or 50 cents per share, from $194 million, or 35 cents per share, a year earlier.
Shares at Yum rose 3.8 percent after it said first-quarter net income jumped to $254 million, or 50 cents per share, from $194 million, or 35 cents per share, a year earlier.
