Tricon Sees Higher Earnings, Expansion


Dallas-Tricon Global Restaurants, operator of the TacoBell, Pizza Hut and KFC chains, plans to open 1,400 new restaurantsin order to further bolster its earnings. Tricon expects revenue toincrease between 6 and 7 percent and sales to grow between 4 and 5percent in 2002. Franchise fees have been considered a major factorin the company's success-fees are expected to increase to $850million. -Reuters

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