1041061--2/28/2007--YUM_BRANDS_INC

related topics
{competitive, industry, competition}
{financial, litigation, operation}
{operation, natural, condition}
{cost, operation, labor}
{operation, international, foreign}
{acquisition, growth, future}
{regulation, change, law}
Health concerns arising from outbreaks of Avian Flu may have an adverse effect on our business. Food safety and food-borne illness concerns may have an adverse effect on our business. Our foreign operations subject us to risks that could negatively affect our business. Changes in commodity and other operating costs or supply chain and business disruptions could adversely affect our results of operations. Our operating results are closely tied to the success of our Concepts franchisees. We could be party to litigation that could adversely affect us by increasing our expenses or subjecting us to material money damages and other remedies. Changes in governmental regulations may adversely affect our business operations. We may not attain our target development goals. The restaurant industry in which we operate is highly competitive.

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