Yum Brands Stock Price, News & Analysis

Yum! Brands participated in the United States' first city-wide reusable cup program in Petaluma, California, through its Habit Burger & Grill, KFC, and Taco Bell locations. The 12-week trial, called The Petaluma Reusable Cup Project, ran from August to October and was led by the NextGen Consortium. The program replaced single-use cups with free, reusable purple cups across participating restaurants, installing over 60 return bins throughout the city. Customers returned more than 220,000 cups during the trial period, demonstrating strong community engagement. The cups featured minimal branding and QR codes linking to return bin locations. The initiative was made possible through public-private collaboration, with full findings expected in early 2025.

KFC unveils its 2024 holiday campaign featuring a new colorful bucket design by Yeye Weller and a streetwear-inspired merchandise collection. The chain introduces two holiday meal deals: the Festive Feast at $25.99, including six pieces of chicken, six Original Recipe Tenders, three sauces, and two large sides; and the larger Chicken & Tenders Feast with eight pieces each of chicken and tenders, four sauces, three large sides, and four biscuits. The company also launches digital gift cards and a new rewards program for digital orders.

Pizza Hut has unveiled an innovative restaurant design concept in Plano, Texas, featuring digital and technology innovations including self-service kiosks, pick-up cabinets, and the first Hut 'N Go drive-thru menu in the U.S. The new location incorporates sustainability features such as energy-efficient lighting, auto lift fryers, and an Energy Management System. Already operational in over 80 markets globally with nearly 2,000 locations, this format has shown increased transactions and in-restaurant traffic compared to previous designs. The restaurant includes an open kitchen concept and replaces a 25-year-old Pizza Hut location at 8605 Ohio Dr.

Yum! Brands has been recognized as the #1 company in the Consumer Services industry on 3BL's 100 Best Corporate Citizens of 2024 ranking. The achievement reflects the sustainability efforts of their restaurant brands including KFC, Pizza Hut, Taco Bell, and Habit Burger & Grill, particularly in their People, Food, and Planet initiatives.

Yum! Brands executive James Fripp, Chief Equity, Inclusion & Belonging Officer, has been named the first recipient of the Ted Balestreri Leadership Accelerator Award. The recognition was presented at the 2024 Prosper Forum on August 26th in Amelia Island, FL, acknowledging Fripp's exceptional leadership and contributions to advancing equity and inclusion in the industry.

Yum! Brands (NYSE: YUM) has declared a quarterly dividend of $0.67 per share of common stock, payable on December 13, 2024, to shareholders of record as of December 2, 2024. The company operates over 60,000 restaurants across more than 155 countries under the KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill brands. In 2024, Yum! was included in the Dow Jones Sustainability Index North America for the eighth consecutive year and recognized by TIME Magazine, Newsweek, and USA Today for leadership and sustainability achievements.

Yum! Brands, the parent company of KFC, Taco Bell, Pizza Hut and Habit Burger & Grill, is actively investing in global workforce development through various career readiness initiatives. In 2020, the company launched the $100 million Unlocking Opportunity Initiative, focusing on preparing youth for employment across its 155+ operating territories. Notable programs include the LeadHERship program in South Africa targeting young women, the Hatch employability programme in the UK, and the Youth Enablement Program (YEP) in Sri Lanka. These initiatives provide job training, professional development, and employment opportunities, with thousands expected to participate by the end of 2024.

Build-A-Bear Workshop (NYSE: BBW) has launched a -edition collection in collaboration with KFC, combining plush toys with KFC's iconic branding. The collection, available exclusively at Build-A-Bear workshops and online, features themed items including a KFC Bucket Costume, a KFC Plush Chicken Wristie, and KFC Pajama Outfit. The collaboration aims to celebrate togetherness during the holiday season, merging Build-A-Bear's interactive experience with KFC's comfort food tradition.

Pizza Hut held its annual global pizza-making competition in Dubai, where teams from 12 countries competed to make the best Pan and Stuffed Crust pizzas. The Bahrain team was crowned the 2024 Global Pizza Hut Champion, winning a 'Global Gold Pan' trophy and a $3,000 cash prize. The competition, featuring restaurant general managers and team members from across Pizza Hut's 110-country network, tested participants' speed, precision, and cutting techniques. Additionally, the event included a 'Make Table Magic' innovation contest, won by Korea's Dakgalbi Pizza, and a 'Winning Recipe' cheer competition.