Yum Brands Stock Price, News & Analysis

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.

ParTech, Inc. (PAR) has introduced a new subscription feature for its loyalty software, Punchh, designed for enterprise restaurants and convenience stores. This innovation allows brands to manage subscription programs, capitalizing on the rapidly growing food and beverage subscription market, which is worth over $105 million annually. The feature enhances customer engagement through tailored offers and can lead to increased revenue and customer loyalty. Notably, major brands like Yum! Brands (YUM) and Casey’s (CASY) are already leveraging Punchh to boost their sales.

Pizza Hut has launched a new product called Pizza Hut Melts™, designed for individual consumption at a price of $6.99. This innovative handheld meal, featuring two slices of Thin N' Crispy crust with various toppings, is tailored for solo dining. Customers can choose from four recipes, including Pepperoni Lover's and Buffalo Chicken. To promote this product, Pizza Hut is offering a unique incentive: select guests can earn $100 if they agree not to share images of the Melts on social media through an MDA (Melts Disclosure Agreement) during the promotional period from October 18 to 30, 2022.

KFC has launched a new Buffalo Ranch dipping sauce across its U.S. outlets, combining classic Buffalo sauce with ranch for a unique flavor experience. This launch is celebrated with a partnership with Tinder, allowing users to participate in a quiz and enter a sweepstakes for a chance to win a Saucy Dream Date with VIP access to a Jack Harlow concert. KFC's new sauce is now a permanent addition to its menu, alongside other popular options like BBQ and Ranch. The Tinder Tenders meal bundle is also available exclusively on the KFC app and website.

Kentucky Fried Chicken has introduced a new lineup of Kentucky Fried Chicken Wraps, available for a limited time in select Atlanta restaurants starting October 3, 2022. The wraps, priced at $3 each, come in three varieties: The Classic Chicken Wrap, Mac & Cheese Chicken Wrap, and Spicy Slaw Chicken Wrap. Over 42,500 tweets in the past two years indicate strong customer demand for this menu item. KFC aims to cater to its fans, with the wraps featuring the brand's Extra Crispy Tenders and various flavorful ingredients.

ParTech, Inc. (PAR) has enhanced its Punchh loyalty software with three new machine-learning features: Feedback Sentiment, Smart Segments, and Send Time Optimization. These improvements enable restaurant operators to better personalize loyalty programs by analyzing guest feedback, segmenting audiences based on loyalty behavior, and optimizing marketing communication timing. Over 200 global brands, including Yum! Brands (YUM) and Casey’s (CASY), utilize Punchh for boosting customer engagement and revenue. This innovation reinforces PAR's commitment to leading the restaurant technology industry.

Yum! Brands, Inc. (NYSE: YUM) announced that CFO Chris Turner will participate in the J.P. Morgan U.S. All Stars Conference on Tuesday, September 20, 2022, at 10:00 a.m. ET. The conference will be webcast live on the Yum! Brands website. Yum! Brands operates over 53,000 restaurants across 155 countries, featuring brands like KFC, Taco Bell, Pizza Hut, and Habit Burger Grill. The company is recognized for its sustainability and corporate responsibility efforts, being named in the Dow Jones Sustainability Index and Newsweek’s Most Responsible Companies.