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Non-Tech : Tricon (YUM)

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To: Michael Burry who wrote (42)2/16/1998 6:13:00 PM
From: Kenneth Kirk  Read Replies (1) of 67
 
I get the impression, from several articles on this spin-off over the last few months, that the restaurant people didn't think the Pepsi people knew what they were doing, management-wise. All 3 of these chains have good food (okay, it's not the Ritz but I like Taco Bell and KFC, and Pizza Hut has improved with the bigger chunks) but the management has, supposedly, been the problem. Hopefully the combination of upper management who are restaurant-oriented, franchisees taking a more active interest in the stores, and closing some of the more unprofitable stores, will improve the earnings.
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