david d. novak

Yum! Brands Topped Q4 Estimates, Top Line Up Nearly 6%

Same-store sales rose 8% in China, 1% in YRI and 5% in the U.S.

David C. Novak, Chairman and CEO, said, "I'm pleased to report that 2010 was perhaps our best year as a public company. We finished the year with a strong fourth quarter that resulted in 27% EPS growth, excluding special items.

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Yum! Brands (NYSE:YUM) reported Q4 EPS of $0.63, ex-items, ahead of consensus estimates of $0.60 per share. Revenues for the quarter rose 5.6% year-over-year to $3.56 billion, topping consensus estimates of $3.50 billion.

By Stephanie Shyu
sshyu@fnno.com

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