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"Our number one goal is aggressive global expansion,'' said TRI president Pete Bassi. "We've achieved two years of record-breaking new restaurant openings. KFC UK is one of our strongest, rapidly growing international markets with more than 500 restaurants. KFC UK has achieved more than five years of double-digit compound growth.''
TRI is a significant global retailer, with KFC and Pizza Hut generating over $300 million in profits.
In 2001, TRI opened 1,041 new units in international, on top of a record-breaking 929 new restaurants opened in 2000. TRI says it is targeting another 1,000 new restaurant openings outside the U.S. in 2002.