Yum outlines outlook for 2011

Company also reaffirms 2010 earnings guidance

Yum! Brands Inc. reaffirmed its 2010 earnings guidance Friday and predicted that it would continue its streak of earnings growth next year with a targeted increase of 10 percent for 2011.

The Louisville, Ky.-based operator and franchisor of KFC, Taco Bell and Pizza Hut said it would its meet its 14-percent growth goal for earnings per share this year, which would equal $2.48 excluding one-time items, as stated in the company’s third-quarter earnings report in October. <

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