Welcome to our dedicated page for Yum Brands news (Ticker: YUM), a resource for investors and traders seeking the latest updates and insights on Yum Brands stock.
News and press releases about Yum! Brands, Inc. (NYSE: YUM) highlight developments across its portfolio of KFC, Taco Bell, Pizza Hut and Habit Burger & Grill restaurants. The company and its subsidiaries regularly issue updates on menu promotions, seasonal offerings, marketing collaborations, financial results and corporate initiatives that affect the global system of over 62,000 restaurants in more than 155 countries and territories.
Recent announcements from Yum! Brands and its concepts include detailed campaigns from KFC and Pizza Hut, such as new value lineups, limited-time bundles and holiday-themed promotions. These releases describe how brands like KFC and Pizza Hut introduce offerings tied to occasions such as New Year’s Eve, the holiday season and the start of the year, often emphasizing comfort, value and themed packaging or merchandise. Taco Bell and Habit Burger & Grill are also covered in divisional performance updates and broader corporate communications.
Yum! Brands also publishes corporate news from its Louisville, Kentucky base, including quarterly earnings results, dividend declarations and strategic updates. For example, the company has reported third-quarter financial results, system sales trends by division and the initiation of a review of strategic options for the Pizza Hut brand. In addition, Yum! Brands has released a food trends report through its internal strategy agency, Collider Lab, describing cultural and consumer shifts in dining and how people use food experiences.
Investors and followers of YUM news can use this page to review company-issued information on promotions at KFC, Taco Bell, Pizza Hut and Habit Burger & Grill, as well as financial and governance disclosures from Yum! Brands, Inc. Bookmark this feed to access a consolidated view of brand-level campaigns, corporate strategy updates and other official communications related to the Yum! system.
Kentucky Fried Chicken (KFC) has announced the nationwide launch of its new KFC Wraps starting on February 6. Customers can enjoy a promotional deal of two wraps for just $5. This follows a successful test in Atlanta in 2022, where KFC received over 42,000 mentions on social media from fans craving wraps. The menu features two options: the Classic Chicken Wrap and the Spicy Slaw Chicken Wrap. KFC is also engaging with customers by surprising some with gifts like a tortilla wrap blanket and gift cards. These wraps are available at participating locations for a limited time, with a combo option priced at $7.99.
On January 18, 2023, Pizza Hut and YouTube star Airrack broke the GUINNESS WORLD RECORDS title for the World's Largest Pizza in Los Angeles, measuring nearly 14,000 square feet. This event celebrated the return of The Big New Yorker pizza, a fan favorite since the 1990s, set to be available at participating restaurants on February 1, 2023. The record-setting pizza used approximately 13,653 pounds of dough and over 8,800 pounds of cheese, with all servings donated to local charities. The initiative highlights Pizza Hut's commitment to customer engagement and community support while reviving a beloved menu item.
Pizza Hut is bringing back its famous 16'' New York-style pizza, The Big New Yorker, nationwide starting February 1, 2023. This limited-time offer features six oversized slices with flavorful toppings. Customers can order the pizza, starting at $13.99, with double pepperoni or choose their own topping. The return follows numerous requests from fans, including petitions, highlighting its popularity since its initial launch in 1999. Hut Rewards members can access the pizza early on January 31.
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KFC has launched its $5 Pot Pies nationwide, highlighting a comforting meal option as the post-holiday season begins. These Pot Pies feature KFC's famous fried chicken, vegetables, and savory sauce, all encased in a flaky crust. As a staple on the menu for nearly 30 years, the Pot Pies aim to provide value and satisfaction during a time when many consumers are budget-conscious. This limited-time offer is available for dine-in, online, and through their mobile app, allowing customers to bypass drive-thru lines.
Kentucky Fried Chicken is partnering with Blessings in a Backpack to deliver nearly 70,000 meals to families in need this holiday season. The initiative, termed KFC Sharemobile, will start on December 5 and make stops in Chicago, Orlando, and Houston, targeting areas facing food insecurity due to recent hardships. KFC has a longstanding relationship with Blessings in a Backpack, having donated nearly $1 million in recent years. This partnership aims to brighten the holidays for families facing difficulties across the U.S.
Yum! Brands, Inc. (NYSE: YUM) will host an Investor Day on December 13 at 8:00 a.m. ET at the New York Stock Exchange. The event will be available for live viewing via the Yum! Brands website at http://investors.yum.com/. Based in Louisville, Kentucky, Yum! Brands operates nearly 54,000 restaurants in over 155 countries and is a leader in the chicken, Mexican, and pizza market segments. In 2021, Yum! Brands was recognized on the Dow Jones Sustainability Index and named among America’s Most Responsible Companies by Newsweek.
Yum! Brands, Inc. (NYSE: YUM) has declared a quarterly dividend of $0.57 per share, scheduled for distribution on December 9, 2022. Shareholders on record as of November 25, 2022 will receive this dividend. The company operates a vast system of nearly 54,000 restaurants across over 155 countries under major brands including KFC, Taco Bell, Pizza Hut, and Habit Burger Grill. Yum! Brands has received recognition for its sustainability efforts, being listed in the Dow Jones Sustainability Index and ranked among America’s Most Responsible Companies.
Kentucky Fried Chicken (KFC) has launched special holiday offers, including the return of its $5 Famous Bowls and limited-edition holiday buckets. The Famous Bowls, featuring creamy mashed potatoes, crispy chicken, and gravy, are available for $5, with a combo option at $7.99. KFC's holiday bucket meals come with six free cookies with the purchase of a 12 or 16-piece meal. KFC aims to enhance festive gatherings with these budget-friendly options. These deals are available in-store, online, and through the KFC mobile app.
Yum! Brands reported a 10% increase in system sales for Q3 2022, excluding Russia, with a 5% same-store sales growth. Worldwide system sales rose 7%, and GAAP operating profit increased by 4%. GAAP EPS was $1.14, while EPS excluding Special Items was $1.09, impacted by a higher tax rate and foreign currency translation. The company opened 979 gross units, improving digital sales to approximately $6 billion. The Russia exit is ongoing, with significant adjustments to performance metrics, including a notable drop in operating profits due to the Russian market removal.