More Yum Brands' FQ3: Same-store sales +6% Y/Y in both China and the U.S., YRI markets +2%....
More Yum Brands' FQ3: Same-store sales +6% Y/Y in both China and the U.S., YRI markets +2%. Total Chinese sales +23% Y/Y, but YRI markets -2% and U.S. +1%. Indian sales +29% (exc. forex). Global restaurant margin rose 190 bps Y/Y to 18.9%, boosted by a 460 bps increase in the U.S. division's margin to 16.7%. China now has 4,952 "traditional restaurants" (+18% Y/Y) and 4,043 KFC locations (+16%). $414M in shares repurchased. YUM +3.6% AH. CC tomorrow at 9:15AM ET (webcast). (PR)
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