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Yum! Brands Reports Second-Quarter GAAP Operating Profit Growth of 32%; Delivered Core Operating Profit Growth of 7%; Raises Full-Year Core Operating Profit Growth Guidance to At Least 14%

Opened 373 new restaurants worldwide; 72% of international development occurred in emerging markets. On track to finalize China separation with targeted completion date around October 31, 2016. Foreign currency translation negatively impacted operating profit by $16 million.

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