<SUBMISSION>
<ACCESSION-NUMBER>0001041061-02-000021
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20021205
<ITEMS>5
<ITEMS>7
<FILING-DATE>20021206
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>YUM BRANDS INC
<CIK>0001041061
<ASSIGNED-SIC>5812
<IRS-NUMBER>133951308
<STATE-OF-INCORPORATION>NC
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-13163
<FILM-NUMBER>02850592
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1441 GARDINER LANE
<CITY>LOUISVILLE
<STATE>KY
<ZIP>40213
<PHONE>5028748300
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1900 COLONEL SANDERS LANE
<CITY>LOUISVILLE
<STATE>KY
<ZIP>40213
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>GREAT AMERICAN RESTAURANT CO
<DATE-CHANGED>19970618
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>TRICON GLOBAL RESTAURANTS INC
<DATE-CHANGED>19970627
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k12602.htm
<DESCRIPTION>FORM8K 12-5-02 RECONFIRM EPS
<TEXT>
<HTML>
<head>
<title>Press Release dated December 5, 2002 reconfirming EPS</title></head>
<BODY>

<HR SIZE=5 NOSHADE><BR><BR>

<p ALIGN=CENTER><b><FONT SIZE=4>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</font></b><BR>
<font size=3>Washington, D.C. 20549</font><BR><BR>
<font size=4><b>FORM 8-K</b><BR><BR>
CURRENT REPORT</FONT><BR><BR>
<font size=3><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act
 of 1934<BR><BR>
Date of Report (Date of earliest event reported)</b><BR>
<b>December 5, 2002</b><BR><BR>
<b>Commission file number 1-13163</b></font><BR></p>

<HR SIZE=1 WIDTH=15% ALIGN=CENTER NOSHADE>

<p align=center><b><FONT SIZE=4>YUM! BRANDS, INC.</font></b><BR>
<font size=3>(Exact name of registrant as specified in its charter)</font><BR>
<BR>

<TABLE>
<TR VALIGN="BOTTOM">
     <TD align=center width=35%>North Carolina</Td>
<td width=40%>&nbsp;</td>
     <Td  align=center width=25%>13-3951308</Td></TR>
<TR VALIGN="TOP">
     <TD align=center ><HR Size=1 noshade width=85%></TD>
<td>&nbsp;</td>
     <TD align=center ><HR Size=1 noshade width=70%></TD></TR>
<TR VALIGN="TOP">
     <TD align=center >(State or other jurisdiction</TD>
<td>&nbsp;</td>
     <TD align=center >(IRS Employer</TD></TR>
<TR VALIGN="TOP">
     <TD align=center >of incorporation or organization)</TD>
<td>&nbsp;</td>
     <TD align=center > Identification No.)</TD></TR>
</TABLE><BR><BR>

<p align=center>1441 Gardiner Lane, Louisville, Kentucky&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40213<BR>
(Address of principal executive offices)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Zip Code)</p>

<BR>

<p align=center>Registrant's telephone number, including area code:&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;(502) 874-8300</p>

<BR>

<p align=center>Former name or former address, if changed since last report:
&nbsp;&nbsp;N/A</P>

<BR><BR>

<HR SIZE=5 NOSHADE>

<BR><BR>


<p>Item 5.&nbsp;<U>OTHER EVENTS</U></p>

<blockquote>On December 5, 2002 YUM! Brands, Inc. issued a press release reporting November sales for its portfolio of U.S.
and International businesses and reconfirming fourth-quarter guidance of $0.54 to $0.56 ongoing operating EPS.</blockquote>

<p>Item 7.&nbsp;<U>FINANCIAL STATEMENTS AND EXHIBITS</U></p>

<blockquote>(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits<BR><BR>

99&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press release dated December 5, 2002 from YUM! Brands, Inc.</blockquote>






<BR><BR><BR>
<p align=center>2</P>
<HR SIZE=1 NOSHADE>
<BR><BR><BR>

<p ALIGN=CENTER><FONT SIZE=3>SIGNATURE</FONT></p>

<p align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the  requirements of the
Securities  Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned hereunto duly authorized.</p>


<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
<TD WIDTH="45%">&nbsp;</td>
<TD><U>YUM! BRANDS, INC.</u><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;(Registrant)<BR>
</TD></TR>
</TABLE>
<BR>
<BR><BR><BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
<TD WIDTH="45%">Date:&nbsp;&nbsp;<U>December 6, 2002</U></td>
<TD><U>/s/&nbsp;&nbsp;&nbsp;&nbsp;Matthew M. Preston&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><BR>
Vice President and Associate General Counsel
</TD></TR>
</TABLE>
<BR><BR><BR><BR>

<p align=center>3</P>
<HR noshade>


<BR><BR><BR><BR><BR>



<P><B>YUM! BRANDS, INC. REPORTS NOVEMBER SALES FOR PORTFOLIO OF U.S. AND INTERNATIONAL
BUSINESSES</B></P>

<P><B>RECONFIRMS FOURTH-QUARTER GUIDANCE OF $0.54 TO $0.56 ONGOING OPERATING EPS</B></P>


<P><B>Louisville, Ky. &#151; December 5, 2002</b> &#151; Yum! Brands, Inc. (NYSE: YUM) today
reported estimated U.S. blended same-store  sales at company restaurants increased 1%
during the four-week period ended November 30, 2002 (Period 12). This growth  was aided
by a holiday shift of 2 percentage points. Estimated International system sales increased
7% prior to foreign  currency conversion or 9% after conversion to U.S. dollars.</P>

<P>Additionally, the company reconfirmed expectations for fourth-quarter 2002 ongoing
operating EPS of $0.54 to $0.56.  Further details of sales performance follow.</P>

<P><B><U>U.S. Company Same-Store Sales Growth &#151; Estimate</U></B></P>






<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="70%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1" ALIGN="CENTER" NOWRAP>Period 12<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<TH COLSPAN="1" ALIGN="CENTER"></TH>
     <TH COLSPAN="3" ALIGN="LEFT" NOWRAP>Period 12, Excluding Holiday Shift Benefit<HR WIDTH=95% SIZE=1 NOSHADE></TH>
<th>&nbsp;</th>
</TR>

<TR VALIGN="BOTTOM">
     <TD WIDTH="74%" ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>U.S. BLENDED</B></TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="4%" ALIGN="CENTER">+1%</TD>
     <TD WIDTH="10%" ALIGN="CENTER">&nbsp;</TD>
     <TD WIDTH="4%" ALIGN="CENTER">&nbsp;</TD>
        <TD WIDTH="4%" ALIGN="LEFT">(1)%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="4%" ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="CENTER"></TD>
     <TD ALIGN="CENTER">&nbsp;</TD>
     <TD WIDTH="4%" ALIGN="center"></TD>
        <TD WIDTH="4%" ALIGN="LEFT"></TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taco Bell</TD>
<TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="CENTER">+6%</TD>
<TD ALIGN="CENTER">&nbsp;</TD>
     <TD ALIGN="center"></TD>
        <TD ALIGN="LEFT">+2%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pizza Hut</TD>
<TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="CENTER">+1%</TD>
<TD ALIGN="CENTER">&nbsp;</TD>
     <TD ALIGN="center">&nbsp;</TD>
        <TD ALIGN="LEFT">(2)%</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KFC</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="CENTER">(4)</TD>
<TD ALIGN="CENTER">&nbsp;</TD>
     <TD ALIGN="center"></TD>
<TD ALIGN="LEFT">(4)%</TD></TR>
</TABLE>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Thanksgiving holiday shifts to Period 13 this year only for Taco Bell and Pizza Hut.</P>


<P><B><U>INTERNATIONAL System Sales Growth &#151; Estimate</U></B></P>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="70%">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2"></TH>
     <TH COLSPAN="1" NOWRAP>Reported (U.S.$)<HR WIDTH=95% SIZE=1 NOSHADE></TH>
    <TH COLSPAN="1"></TH>
     <TH COLSPAN="1" NOWRAP>Local Currency<HR WIDTH=95% SIZE=1 NOSHADE></TH></TR>
<TR VALIGN="BOTTOM">
     <TD WIDTH="66%" ALIGN="LEFT">Period 12</TD>
     <TD WIDTH="8%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="right">+9%</TD>
     <TD WIDTH="8%" ALIGN="LEFT">&nbsp;</TD>
     <TD WIDTH="8%" ALIGN="right">+7%</TD>
     <TD WIDTH="2%" ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Q4 to Date (12 weeks)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="right">+9%</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="right">+7%</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
<TR VALIGN="BOTTOM">
     <TD ALIGN="LEFT">Year to Date (48 weeks)</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="right">+8%</TD><TD ALIGN="LEFT">&nbsp;</TD>
     <TD ALIGN="right">+9%</TD><TD ALIGN="LEFT">&nbsp;</TD></TR>
</TABLE>


<P>Sales results for Period 13 (the four-week period ending December 28, 2002, for the
U.S. businesses) will be released  January 7, 2003. (Note: <B>U.S. same-store sales</b> include
only company restaurants that have been open one year or more.  U.S. blended same-store
sales include KFC, Pizza Hut, and Taco Bell company-owned restaurants only. U.S.
same-store  sales for Long John Silver&#146;s and A&amp;W are not included. <B>International
system sales</b> include sales from company, franchise,  license, and joint-venture
restaurants.)</P>

<BR><BR><BR>
<p align=center>4</P>
<HR SIZE=1 NOSHADE>


<P>Yum! Brands, Inc., based in Louisville, Kentucky, is the world&#146;s largest
restaurant company in terms of system units  with over 32,500 restaurants in more than
100 countries and territories. Four of the company&#146;s restaurant brands &#151;KFC,
Pizza Hut, Taco Bell and Long John Silver&#146;s&#151; are the global leaders of the
chicken, pizza, Mexican-style food and  quick-service seafood categories respectively.
Since 1919, A&amp;W All-American Food has been serving a signature frosty mug  root beer
float and all-American pure-beef hamburgers and hot dogs, making it the longest running
quick-service  franchise chain in America. Yum! Brands is the worldwide leader in
multibranding, which offers consumers more choice and  convenience at one restaurant
location from a combination of KFC, Taco Bell, Pizza Hut, A&amp;W All-American Food or Long
John Silver&#146;s brands. The company and its franchisees today operate over 1,800
multibranded restaurants, generating  nearly $2 billion in annual system sales. Outside
the United States, the company opens about three new restaurants each  day, 365 days a
year, making it one of the fastest growing retailers in the world. Earlier this year, the
company  changed its name to Yum! Brands, Inc., from Tricon Global Restaurants to reflect
its expanding portfolio of brands and  its ticker symbol on the New York Stock Exchange.</P>



<BR><BR><BR>
<p align=center>5</p>
<HR SIZE=1 NOSHADE>

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</TEXT>
</DOCUMENT>
</SUBMISSION>
