While our public ownership under the name Tricon Global Restaurants, Inc. is new, our company is not. For years, consumers have been enjoying our great-tasting chicken, pizza and Mexican-style food. In fact, we're the world leaders in each of these restaurant food categories. Every week,KFC, Pizza Hut and Taco Bell serve more than 150 million people in nearly 30,000 restaurants in over 100 countries. More restaurants around the world than any other company.
If you've been in one of our restaurants lately - and we hope you have - you'll notice that we strive to create a special kind of eating experience. Our employees are friendly. Our food is served hot, and freshly prepared for you. People are smiling. That's because they're thinking "YUM!" From our Colonel Sanders' finger lickin' good chicken, to our hot, freshly made pizzas and zesty tacos and burritos. You've gotta admit - our food's delicious, and no one else serves chicken, pizza or tacos like we do.
Putting a YUM on people's faces around the world has become our company's mission. We even used YUM for our ticker symbol on the New York Stock Exchange, because those three letters speak volumes about our company and the experience we want to create for our customers. We know we'll establish lifelong customers by serving 'crave and rave' food offered at a 'comeback value.' Our 350,000 employees and franchisees across Tricon work in customer-focused teams, committed to making YUM happen each and every time someone orders our food.

We're off to a solid start and have made much progress in Tricon's first three months. So let's take a look at how our operating companies performed in 1997.

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