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Summary Box: Yum Brands reports 1st-qtr results

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THE RESULTS: First-quarter profit at Yum Brands Inc. rose 73 percent on the strength of rebounding sales in the U.S., led by Taco Bell, and a continuing robust performance in China.

U.S. SURGE: Yum posted a 27 percent increase in U.S. operating profit in the first quarter, continuing a domestic sales comeback that began in the fourth quarter of 2011. Revenue rose at established stores for all three Yum brands, with Taco Bell posting a 6 percent increase.

OVERSEAS GAINS: Operating profit rose 14 percent in China, adjusted for currency fluctuations. In Yum's international division, which excludes China and India, operating profit rose...