Pizza Hut 2012 Annual Report Download - page 4

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In fact, unlike other companies that have to scramble to find new
paths for growth, we have enormous opportunities that are staring
us in the face. That’s because we have powerful global brands with
a proven high performance organization, capable and determined to
rapidly expand around the world.
Every year in December we host our Investor and Analyst Day in
New York. This meeting gives us the opportunity to “go public” with
our goals and commitments as well as showcase our management
talent from around the world. The theme of our 2012 meeting was
“On the Ground Floor of Global Growth: China and a Whole Lot
More.” No statement could better describe Yum! Brands.
We, of course, highlighted our 11-year track record but, even more
importantly, the future growth prospects of our company. We have
a portfolio of brands with leadership positions in China and other
emerging markets, with a long runway for growth. We have an
asset base of over 39,000 restaurants and we continue to make
progress leveraging these assets further by building sales layers and
expanding dayparts. Additionally, we invested over $1.1 billion in 2012
in the future growth of our business and expect to invest at least that
same amount in 2013.
All of this adds up to a growing confidence in our business model.
As a matter of fact, we believe the best is yet to come
as we pursue our objective to be the defining global
company that feeds the world.
Let me highlight some of the reasons I’m confident we must STAY THE
COURSE on our four growth strategies
Over 39,000
restaurants around the world.
Building sales layers and
expanding day parts.
2