Yum! Brands

Yum! Brands, Inc.
FormerlyTricon Global Restaurants, Inc. (1997–2002)
Company typePublic
IndustryFoodservice
PredecessorPepsiCo
FoundedNovember 8, 1977 (1977-11-08) (as a subsidiary of PepsiCo)
October 6, 1997 (1997-10-06) (as a separate entity)
Headquarters,
U.S.
Number of locations
61.000 (2025)
Area served
Worldwide
Key people
Revenue US$7.547 billion (2024)
US$2.403 billion (2024)
US$1.486 billion (2024)
Total assets US$6.727 billion (2024)
Total equity −US$7.648 billion (2024)
Number of employees
Over 1 million (est.) (Including subsidiaries and franchises)
Subsidiaries
Websiteyum.com

Yum! Brands, Inc. (sometimes called just Yum!) is an American multinational fast food corporation. Based in Louisville, Kentucky, the company operates KFC, Pizza Hut, Taco Bell, Habit Burger & Grill, and several technology companies. Yum! is one of the world's largest fast food restaurant companies in terms of system units. In 2016, Yum! had 43,617 restaurants, including 2,859 that were company-owned and 40,758 that were franchised, in 135 nations and territories worldwide.

Yum! was formed as Tricon Global Restaurants in 1997 as a spin-off of PepsiCo. The spin-off consists of PepsiCo's former fast food restaurant division, which was originally established after PepsiCo first entered the restaurant business when it acquired Pizza Hut in 1977. Yum! took its current name in 2002 after they merged with Yorkshire Global Restaurants, which at the time was the parent company of A&W, who also spun off an international branch. In China, the restaurant brands are operated by another company known as Yum China. One of the conditions of Yum! being a spin-off of PepsiCo is that the company has a perpetual agreement to serve Pepsi instead of Coca-Cola as a soft drink in all of its restaurants (except in certain markets such as Israel and New Zealand).

In January 2026, Yum! Brands, announced it has signed a 10-year lease in the PNC Tower in downtown Louisville for its new headquarters, with plans to invest $12 million to renovate five floors. The company plans to move 550 employees to their new headquarters in late 2026.