Yum! Brands Inc. raised its outlook for 2010 after reporting that international growth helped drive increases in sales and profit for the third quarter.
For the Sept. 4-ended third quarter, Louisville, Ky.-based Yum had net income of $357 million, or 74 cents per share, compared with year-ago profit of $334 million, or 70 cents per share.
Total revenue rose 3 percent to $2.86 billion in the third quarter, compared with $2.78 billion a year earlier. Worldwide system sales growth,