Tricon Global Restaurants, Inc., the parent company for Pizza Hut,
Taco Bell and KFC, is having a banner year, turning around the sagging
sales of the three chains. With improved service and cleanliness, Tricon
has improved operating earnings for the year ended Dec. 26 which are
expected to increase 34 percent. Stores are being refurbished and
same-store sales are up for all three brands for the first time in five
years. In related news, Hanson Restaurant Group, Edmonton, Alberta,
purchased 14 Taco Bell units from Tricon Global Restaurants of Canada.
The Hanson group also operates Arby's and KFC stores, for a total
of 43 restaurants.
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