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KFC opened its 30,000th restaurant this month in Rome, a milestone that demonstrates its constant international growth since 1952 and marks a big achievement for father or mother firm Yum! Brands, Inc.
International attain
Averaging a brand new location each 3.5 hours, KFC’s operation now spans 149 international locations, with plans to enter its a hundred and fiftieth nation quickly. This growth not solely solidifies KFC as Yum!’s fastest-growing retail model but in addition accounts for 50% of the corporate’s divisional operating profit.
“Opening our 30,000th restaurant is a testomony to the assist of our native enterprise companions, staff and clients over the previous almost 75 years,” Sabir Sami, CEO of KFC International, mentioned in a statement. “Whereas we’re a worldwide model, we goal to satisfy the distinctive wants and expectations of our company on a neighborhood degree, with menus that resonate with the native tradition and flavors of every neighborhood. That additionally consists of serving native communities by means of our meals donation and upskilling applications, which function in a lot of our markets, together with Italy.”
Associated: See Where KFC Ranked on our 2024 Franchise 500 Listing
Continued progress
In 2023, KFC opened roughly 2,700 retailers in 96 international locations, with a very robust progress charge in India and Latin America. Such growth efforts have bolstered Yum!’s stock performance, which has achieved an 11.1% achieve over the previous 12 months.
Sami mentioned 25 further KFC areas are deliberate for Italy as Yum! Manufacturers’ formidable progress technique challenges rivals like McDonald’s and Starbucks.
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