Chain: Tricon

Tricon Takes a Hit

Tricon Global Restaurants, Inc. today reported that U.S. blended same-store sales at company restaurants were down 2% for the four-week period ended October 28, 2000.

Pepsi and Tricon Renew Long-Term Alliance

Pepsi-Cola Company and Tricon Global Restaurants, Inc. announced May 2 a multiyear renewal of the strategic beverage supply and marketing arrangement for the KFC, Pizza Hut and Taco Bell restaurant brands in the U.S.

Tricon Reports Successful First Quarter

Tricon Global Restaurants, Inc. reported first quarter ongoing operating earnings of $96 million, or $0.64 per share, a 28 percent increase for the quarter ended March 18, 2000.

Tricon Global Restaurants Promotes Novak to CEO

Tricon Global Restaurants, Inc., today announced that David C. Novak, 47, will become Chief Executive Officer on January 1, 2000, succeeding Andrall E. Pearson, 74, who will continue to serve as Chairman of the Board through the end of 2000.

Tricon Reports 4Q Ongoing Earnings

Tricon Global Restaurants, Inc. reported fourth quarter ongoing operating earnings of $122 million, or $0.78 per share, a 42 percent increase for the quarter ended December 25, 1999.