Global InformationKFC information
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Restaurants |
| Genre | Fast food restaurant |
| Founded |
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| Founder |
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| Headquarters | 1441 Gardiner Lane Louisville, Kentucky, U.S. Dallas, Texas, U.S. (global) |
Number of locations | 30,000[1] (2024) |
Key people |
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| Products |
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| Revenue | US$2.83 billion (2023)[3] |
| Parent | Yum! Brands |
| Website | kfc |
KFC Corporation,[4] doing business as KFC (also commonly referred to by its historical name Kentucky Fried Chicken), is an American fast food restaurant chain that specializes in fried chicken. Headquartered in Louisville, Kentucky, it is the world's second-largest restaurant chain (as measured by sales) after McDonald's, with over 30,000 locations globally in 150 countries as of April 2024[update].[5] The chain is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut and Taco Bell chains.[6]
KFC was founded by Colonel Harland Sanders (1890–1980), an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression. Sanders identified the potential of the restaurant franchising concept and the first "Kentucky Fried Chicken" franchise opened in Salt Lake City, Utah, in 1952. KFC popularized chicken in the fast-food industry, diversifying the market by challenging the established dominance of the hamburger. By branding himself as "Colonel Sanders", Harland became a prominent figure of American cultural history and his image remains widely used in KFC advertising to this day. However, the company's rapid expansion overwhelmed the aging Sanders and he sold it to a group of investors led by John Y. Brown Jr. and Jack C. Massey in 1964.
KFC was one of the first American fast-food chains to expand internationally, opening outlets in Canada, the United Kingdom, Mexico and Jamaica by the mid-1960s. Throughout the 1970s and 1980s, it experienced mixed fortunes domestically, as it went through a series of changes in corporate ownership with little or no experience in the restaurant business. In the early 1970s, KFC was sold to the spirits distributor Heublein, which was taken over by the R. J. Reynolds food and tobacco conglomerate; that company sold the chain to PepsiCo. The chain continued to expand overseas, however, and in 1987 it became the first Western restaurant chain to open in China. It has since expanded rapidly in China, which is now the company's single largest market. PepsiCo spun off its restaurants division as Tricon Global Restaurants, which later changed its name to Yum! Brands.
KFC's original product is pressure-fried chicken pieces, seasoned with Sanders' signature recipe of "11 herbs and spices". The constituents of the recipe are a trade secret. Larger portions of fried chicken are served in a cardboard "bucket", which has become a feature of the chain since it was first introduced by franchisee Pete Harman in 1957. Since the early 1990s, KFC has expanded its menu to offer other chicken products such as chicken fillet sandwiches and wraps, as well as salads and side dishes such as French fries and coleslaw, desserts and soft drinks; the latter often supplied by PepsiCo. KFC is known for its slogans "It's Finger Lickin' Good!", "Nobody does chicken like KFC" and "So good".
- ^ "KFC Surpasses 30,000 Restaurants Worldwide". global.kfc.com (Press release). March 12, 2024. Archived from the original on March 18, 2024. Retrieved April 22, 2024.
- ^ Luna, Nancy (May 13, 2019). "KFC promotes Monica Rothgery to COO of U.S. division". Nation's Restaurant News. Archived from the original on May 13, 2019. Retrieved May 15, 2019.
- ^ "Yum Financial Statement 2023" (PDF). Retrieved March 4, 2024.
- ^ "KFC Corporation". OpenCorporates. February 11, 1971. Retrieved April 11, 2024.
- ^ "KFC: restaurants worldwide 2019". Statista. Archived from the original on May 2, 2020. Retrieved May 14, 2020.
- ^ "YUM! Brands, Form 10-K, Annual Report, Filing Date Feb 22, 2018". secdatabase.com. Archived from the original on May 4, 2018. Retrieved May 3, 2018.