Taco Bell represents the Mexican-style restaurants that are part of Yum! Brands, Inc. (NYSE:YUM), the company that also owns the Pizza Hut and KFC brands. At the end of 2015, there were 6,400 Taco Bell restaurants, mainly located in the U.S. Out of this amount, Yum! Brands, Inc. (NYSE:YUM) owns 894 locations, while 5,506 restaurants are franchised. Even though the Taco Bell division lags behind Pizza Hut in terms of the number of restaurants, with the latter having a total of 13,600 restaurants (12,969 franchised), it managed to outrank it in terms of revenue, with a figure of $1.99 billion, versus $1.15 billion registered by Pizza Hut. Moreover, the Taco Bell division registered 5% same-store sales growth in 2015, which was the highest across all of the company’s brands for the year. Earlier this year, Taco Bell announced a new product, “Naked Chicken Chalupa”, which replaces a taco shell with fried chicken.
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