US fastfood chain operator Yum! Brands has reported a 2% rise in November comparable sales at US company-owned restaurants.
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The company, which owns the KFC, Pizza Hut and Taco Bell fastfood chains, forecast 2004 combined same-store sales growth at the three chain’s US stores of 1-2%, reported Reuters. Yum! Brands also forecast a 4-5% rise in overall revenues worldwide for 2004.
The company also expects 2003 earnings before special items of at least $2.03 per share, and reported earnings of $1.94 per share. For 2004, Yum! Brands expects earnings of at least $2.23 per share.
