Yum 2Q results rise, but sales outlook cut

LOUISVILLE Ky. Yum! Brands Inc., the franchisor to Pizza Hut, KFC, Taco Bell and other quick-service brands, posted late Tuesday a 35-percent jump in second-quarter net income, driven by continued growth overseas and a one-time gain from the company’s purchase of the KFC business in Shanghai.

In the United States, Yum Brands said it continued to suffer against declines in consumer spending. Domestic systemwide same-store sales fell 1 percent. While Yum no longer repo

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