Industry News | November 7, 2002

YUM! Brands October Same-Store Sales Decline

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Yum! Brands, Inc. (NYSE:YUM) today reported estimated U.S. blended same-store sales at company restaurants declined 1% during the four-week period ended November 2, 2002 (Period 11). Estimated International system sales increased 5% prior to foreign currency conversion or 6% after conversion to U.S. dollars.

Company-owned Taco Bell and Pizza Hut restaurants increased same-store sales by 1% and 5% respectively. KFC same-store sales fell a staggering 7% during the same period.