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Yum! Brands, Inc. (NYSE: YUM) is the world's largest restaurant company, boasting a portfolio that includes renowned brands such as KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill. With over 39,000 restaurants in more than 130 countries and territories, Yum! Brands serves millions of customers globally and employs over 1 million associates.
Founded as a division of PepsiCo and formerly known as Tricon, Yum! Brands generates significant revenue primarily through franchise royalties and marketing contributions. This business model has proved successful, with the company achieving $64 billion in systemwide sales in 2023. Yum! Brands is 98% franchised, with Yum China, its largest franchisee, spun out in 2016. Despite this separation, Yum China continues to pay 3% royalties to Yum! Brands.
Yum! Brands is an industry leader in the fast-food sector, with KFC specializing in chicken, Pizza Hut in pizza, Taco Bell in Mexican-style food, and The Habit Burger Grill in burgers. The company is second in global sales, trailing only McDonald's but surpassing Restaurant Brands International and Starbucks. As of year-end 2023, KFC operated 29,900 units, Pizza Hut 19,866 units, Taco Bell 8,564 units, and The Habit Burger Grill 381 units.
Known for its unique corporate culture, Yum! Brands emphasizes fun, recognition, and career development. The company invests heavily in its workforce to maximize their career potential, creating a diverse and inclusive environment where employees can thrive both personally and professionally.
Yum! Brands is also at the forefront of technological innovation in the fast-food industry. Led by Joe Park, the Chief Digital and Technology Officer, the company is leveraging artificial intelligence to transform its operations across all brands. By 2024, about 45% of Yum!'s sales were digital, highlighting a significant shift from traditional sales channels.
On the product front, Yum! Brands continuously innovates to meet consumer demands. For example, Pizza Hut recently introduced the Cheeseburger Melt, a unique fusion of pizza and burger elements, while KFC launched new Saucy Nuggets flavors for a limited time. Taco Bell, through its Live Más Scholarship program, is also investing in the future success of young people by awarding $10 million in scholarships in 2024.
Yum! Brands is not just about food; it's about community engagement and social responsibility. The company is involved in numerous initiatives, such as KFC’s Add Hope program in South Africa, which supports children's education and well-being.
Overall, Yum! Brands, Inc. stands out for its extensive global reach, innovative approach to technology and food, and commitment to a positive workplace culture and community impact.
Yum! Brands (NYSE: YUM) reported its Q4 and full-year 2024 results, showing mixed performance across its divisions. Fourth-quarter GAAP EPS was $1.49, while EPS excluding Special Items reached $1.61. For the full year, GAAP EPS was $5.22, with EPS excluding Special Items at $5.48, marking a 6% increase.
Key highlights include Taco Bell's 5% same-store sales growth in Q4, and KFC International's strong unit growth with over 2,000 net new units. The company opened 4,535 new stores across more than 100 countries in 2024. Digital sales grew approximately 15%, surpassing 50% of total sales.
The company announced Byte by Yum!, a proprietary SaaS digital ecosystem currently used by 25,000 restaurants. The company also launched new concept stores including Saucy by KFC and Live Más Cafe, while Pizza Hut unveiled a new restaurant design with self-service kiosks.
Yum! Brands (NYSE: YUM) has announced a 6% increase in its quarterly dividend, raising it from $0.67 to $0.71 per share of common stock. The dividend will be paid on March 7, 2025, to shareholders of record as of February 21, 2025.
The company operates or franchises over 61,000 restaurants across more than 155 countries under its brands KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill. These brands are global leaders in their respective categories - chicken, Mexican-inspired food, and pizza. In 2024-2025, Yum! received several recognitions, including listings in the Dow Jones Sustainability Index North America, Newsweek's Most Responsible Companies, and TIME magazine's Best Companies for Future Leaders.
Yum! Brands (NYSE: YUM) has launched Byte by Yum!, a comprehensive AI-driven SaaS technology platform designed to enhance operations across its restaurant brands including KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill. The platform consolidates various systems including online ordering, point of sale, kitchen optimization, and management tools.
Currently processing over 300 million digital transactions annually in the U.S., the platform is being rapidly expanded internationally, with 25,000 Yum! restaurants globally already using at least one Byte by Yum! product. The system replaces legacy platforms like Poseidon and Yum! Commerce Platform.
Key benefits reported include digital transaction growth, improved order accuracy, enhanced delivery experiences, better inventory forecasting, and increased team member satisfaction. Joe Park will serve as President of Byte by Yum! while maintaining his role as Chief Digital & Technology Officer.
KFC announces a -time collaboration with Mike's Hot Honey, launching February 9, 2024, on delivery platforms and February 10 in restaurants nationwide. The partnership introduces new menu items combining KFC's signature chicken with Mike's Hot Honey's sweet-and-spicy flavor.
The promotion features two $7 box meal deals: a three-piece Original Recipe Tenders and a two-piece Fried Chicken option, both served with Mike's Hot Honey drizzle, a side, and a biscuit. Additionally, KFC offers a $25 Fan Favorite's Box including four pieces of honey-drizzled chicken, 12 nuggets, Secret Recipe Fries, four biscuits, and four sauces.
To promote the launch, KFC will offer free delivery from February 14-20 on orders placed through kfc.com or the KFC app.
Yum! Brands (NYSE: YUM) has scheduled its Q4 2024 earnings release for February 6, 2025, at 7:00 a.m. ET, followed by a conference call at 8:15 a.m. ET to discuss financial performance and strategies. The company operates over 61,000 restaurants across more than 155 countries under the KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill brands.
The company has received notable recognition in 2024-2025, including listings in the Dow Jones Sustainability Index North America, Newsweek's Most Responsible Companies, and TIME magazine's Best Companies for Future Leaders. Additionally, KFC, Taco Bell, and Pizza Hut ranked in the top 25 of Entrepreneur's Top Global Franchises Ranking for 2025, with Taco Bell maintaining the #1 position for the fifth consecutive year.
Hidden Valley Ranch has announced the launch of its new Easy Squeeze bottle, featuring improved flow control and an inverted design. To celebrate, the company is partnering with Pizza Hut and football legend Eli Manning to create a unique collectible: a Pizza Hut pepperoni pizza autographed by Manning using the new ranch bottle and preserved in resin.
The promotion includes a sweepstakes running from January 15 to February 9, 2025. The grand prize winner will receive the authenticated collectible pizza, plus a year's supply of both Hidden Valley Ranch and Pizza Hut pizza. Ten runners-up will receive a year's supply of ranch and one Pizza Hut pizza.
The new bottle design will be available nationwide in 16oz and 24oz sizes starting March 2025, featuring an improved flow control cap and inverted easy-squeeze design to minimize waste and improve control.
Yum! Brands (NYSE: YUM) has announced that Scott Mezvinsky, 49, will become KFC Division Chief Executive Officer effective March 1, 2025, succeeding Sabir Sami. Mezvinsky, currently President of Taco Bell North America and International, brings 20 years of company experience to the role.
In his previous positions, Mezvinsky served as Taco Bell's Global Chief Strategy & Financial Officer and helped the company pursue its $20 billion brand goal. His tenure includes successful leadership as GM of KFC Iberia, where he achieved record same-store sales growth and operational metrics in 2018-2019.
Sabir Sami, who has been KFC CEO since January 2022, will step down at the end of February 2025. He will remain in his position until then to ensure a smooth transition.
Pizza Hut has released its second annual Pizza Trends Report, revealing fascinating insights about America's pizza consumption habits and 2025 industry forecasts. The report shows Americans collectively consume about 95 billion pizza slices annually, equivalent to 240,000 Olympic-sized swimming pools. Key findings include:
- 32% of people predict increased pizza consumption in 2025
- Kansas leads nationwide consumption with 9.4 slices per month
- 46% prefer boneless wings over bone-in (43%)
- 59% consider pizza and wings the ultimate pairing
- Ranch is the most popular dipping sauce (38%)
The report also settles debates showing that most people eat pizza 'tip first' rather than folded, and 44% consider eating pizza with a fork a 'food crime.' Regarding trends, thin crust remains most popular (29%), followed by stuffed crust (24%). There's growing interest in global flavors, with 37% wanting to try Mexican-inspired pizza and 21% interested in Greek-inspired options. Pizza Hut is currently offering a Stuffed Crust Pizza & Wings Bundle for $19.99 through April 7, 2025.
KFC has launched a new lineup of five flavor-packed bowls priced at $5 each, featuring the return of their popular Nashville Hot Sauce. The lineup includes the NEW Nashville Hot Loaded Fries Bowl, Nashville Hot Mac & Cheese Bowl, Nashville Hot Famous Bowl, Mac & Cheese Bowl, and Famous Bowl.
Each bowl comes with five Original Recipe® Nuggets and various combinations of ingredients like mashed potatoes, gravy, corn, three-cheese blend, and coleslaw. Additionally, KFC is introducing two digital-exclusive menu items: the Korean BBQ Mac & Cheese Bowl and Korean BBQ Loaded Fries Bowl, also priced at $5.
The company is also planning a special promotion for Quitter's Day (Jan. 10) through their rewards program, offering an exclusive deal for KFC Rewards members.
Yum! Brands (NYSE: YUM) has announced it will host a Taco Bell Consumer Day at the Hollywood Palladium on January 28th, 2025, starting at 11:30 a.m. ET. While the event won't be livestreamed, a recording will be available on the company's investor website.
The company operates over 60,000 restaurants across more than 155 countries through its brands KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill. These brands are global leaders in their respective categories - chicken, Mexican-style food, and pizza, with Habit Burger specializing in chargrilled burgers.
Yum! has received notable recognition in 2024, being included in the Dow Jones Sustainability Index North America for the eighth consecutive year, and appearing on TIME Magazine's Best Companies for Future Leaders and Newsweek's Most Responsible Companies lists. The company's brands KFC, Taco Bell, and Pizza Hut ranked in the top five of Entrepreneur's Top Global Franchises Ranking for 2023.
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