CEO David Novak

LOUISVILLE, Ky. -- Yum Brands Inc., owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said Monday that its fourth-quarter profit rose 30 percent with a recipe of strong overseas growth mixed with a sales turnaround at Pizza Hut in the U.S. The restaurant operator's revenue rose 15 percent to $4.1 billion. The results were slightly higher than analysts expected, and Yum's shares rose after hours. Read More... More on Fast FoodRead Full Story

Feb 7 (Reuters) – KFC parent Yum Brands Inc plans to raise prices in China in 2012 to help offset higher food and labor costs and boost profitability in its most important market, Chief Financial Officer Rick Carucci said on Tuesday.Read Full Story

Earlier this week, HuffPost Food wrote that Food Safety News had been investigating an unusually large outbreak of salmonella originating at an unnamed Mexican chain with locations throughout middle America. FSN did a bunch of legwork to try and dig up the identity of the restaurant -- and today, their work finally paid off. The culprit was Taco Bell . The Yum Brands chain had looked like the most likely culprit for some time; of the four chains with locations in all or almost all of the...Read Full Story

LOS ANGELES, Feb 6 (Reuters) – KFC parent Yum Brands Inc reported higher fourth-quarter profit as its China restaurants reported strong sales that helped ease investor worries about slowing growth in that country, its biggest marketRead Full Story

PizzaMarketplace.com bared the New York-based marketing agency Zeta Interactive’s list of “best buzzed” and “worst buzzed” CEOs of some of the world’s largest companies.  The list was culled using a software that scanned blogs and social media sites.  Yum! Brands CEO David Novak and Domino’s Pizza CEO Patrick Doyle came in No.5 and 9, respectively, with Steve Jobs grabbing the No. 1 position.  The period covered by the research is January to mid-November last year. Yum! Brands CEO David Novak...Read Full Story