Rochester, NY 6/25/2009 10:26:54 PM
Late Morning Report - YUM - India Names Pizza Hut Most Trusted Brand 5th Year Running - Sourced WhisperFromWallStreet.com
Yum! Brands, Inc.
Late Morning Report - YUM - India Names Pizza Hut Most Trusted Brand 5th Year Running - Sourced WhisperFromWallStreet.com
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YUM BRANDS INC,YUM
33.22 Up 0.65 (2.00%) 11:19am ET
The Economic Times’ (India) Brand Equity Most Trusted Brands 2009 annual survey has named Pizza Hut the "Most Trusted Food Service Brand" in India for the fifth year, ahead of all other Indian and global brands. Pizza Hut is also the only restaurant company to place in the Top 20 Service Brands list. Pizza Hut India is part of Yum! Restaurants International (YRI), a division of Yum! Brands, Inc. (NYSE: YUM - News), the world's largest restaurant company in terms of system units.
"Congratulations to our entire team in India," said Graham Allan, president, Yum! Restaurants International. "I salute our employees and franchisees for their hard work, their passion and their professionalism, all of which have been instrumental in making Pizza Hut the most trusted food service brand for the past five years. India is an important emerging market for us. Both Pizza Hut and KFC are proving very popular with consumers and we have high hopes for Taco Bell as well. We continue to make significant investments in India as part of our plan to capitalize on this large and rapidly growing market of more than 1 billion people," added Allan.
Last Trade: 5.02
Day's Range: 5.01 - 5.28
52wk Range: 4.40 - 17.30
Volume: 8,680,621
ABOUT
Yum! Brands, Inc. operates as a quick service restaurant company. The company develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various food items. Its restaurants specialize in chicken, pizza, Mexican-style food, and quick-service seafood categories. As of December 27, 2008, it operated approximately 36,000 restaurants in 110 countries and territories under the KFC, Pizza Hut, Taco Bell, Long John Silver's, and A&W All-American Food Restaurants brands.
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