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The Pizza Hut division comprising 17,809 restaurants achieved a 10 percent growth in same-store sales. System-wide sales amounted to $3,143 million with company revenue and franchise fees of $249 million. The Pizza Hut division generated $103 million in profit and increased operating margin to 41.3 percent.
 The Taco Bell division comprising 7,567 restaurants posted a 21 percent increase in same-store sales with system wide revenue of $3,189 million. Revenue from company stores, franchise fees and other incoming including advertising amounted to $532 million with a profit of $198 million with an operating margin of 37.2 percent.
In commenting on results David Gibbs, CEO stated, “Our strong second-quarter results led by record unit development and 23 percent same-store sales growth are a testament to our iconic brands, world-class talent and best-in-class franchisees.” He added, “This sustained momentum was underpinned by our investments in digital and off-premise sales and the agility of our brands to meet the needs of customers in an ever-changing environment.”
YUM! Brands has a market capitalization of $39.14 billion. The share has traded over 52 weeks in a range of $88.08 to $132.02 with a 50-day moving average of $118.35. On a trailing 12-month basis, operating margin was 34.4 percent, profit margin 21.2 percent with a return on assets of 22.4 percent. YUM! is held primarily by institutions that collectively hold 80.1 percent of equity.
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