Yum! Brands Inc. saw profits rise in the third quarter, lifted by strong sales in China and other emerging markets.
For the quarter ended Sept. 3, Yum’s net income rose 7 percent to $383 million, or 80 cents per share, compared with $357 million, or 74 cents per share, a year earlier.
Revenue for the quarter increased 14 percent to $3.27 billion, compared with $2.86 billion a year earlier. Top-line figures reflected same-store sales increases of 19 percent in China and 3 p