LOUISVILLE Ky. Sales and profit growth in China and other overseas markets offset Yum! Brands Inc.'s weakness in the United States, helping the quick-service company post a 6-percent increase in fourth-quarter net income.
For the fourth quarter ended Dec. 26, Yum earned $216 million, or 45 cents per share, compared with earnings of $204 million, or 43 cents per share, in the same quarter of 2008.
Latest quarter revenue totaled $3.37 billion, a 1-perce