Taco Bell, Yum! Brands
Taco Bell’s success boosts Yum Brands’ stock, as Pizza Hut and KFC see weakness
Yum Brands’ stock surged Tuesday, after the parent of restaurant brands KFC, Taco Bell and Pizza Hut reported second-quarter profit that beat expectations, even as revenue missed given a “more cost-conscious consumer.
Yum! Brands Stock Rises as Value-Focused Consumers Lift Taco Bell Sales
Key Takeaways Shares of KFC and Pizza Hut parent Yum! Brands rose Tuesday as the company gave an optimistic view of its value-centric brands like Taco Bell as consumers pull back on discretionary spending.
Yum Brands falls short on revenue as Pizza Hut and KFC same-store sales fall
Yum Brands on Tuesday reported revenue that fell short of expectations as both Pizza Hut and KFC reported declining same-store sales. Shares of the company fell 1% in premarket trading. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
Taco Bell’s menu innovations drive US same-store sales
The chain’s premium Chicken Cantina menu shifted its sales mix towards chicken by 10 points, and joined other LTOs and value deals in driving sales growth.
Taco Bell parent Yum Brands sales fall as weak US demand lingers
Yum Brands reported a bigger-than-expected fall in same-store sales for the second quarter as sticky inflation discouraged lower-income Americans from spending on dining out.
KFC, Pizza Hut sales slump as sticky inflation hampers parent Yum’s bottom line
KFC and Pizza Hut parent Yum Brands reported a bigger-than-expected fall in same-store sales for the second quarter as sticky ...
Taco Bell Owner Yum Rises After Maintaining Profit Outlook
Sales at restaurants open more than a year fell 1% in the second quarter, compared with the average estimate that the gauge ...
Taco Bell could hold the secret formula for bringing customers back to fast food
Fast food giant Yum Brands is going all in on value — but only Taco Bell is performing well enough to immediately bring back ...
QSR magazine12h
How Taco Bell Keeps Outpacing the Fast-Food Segment
Taco Bell is on a completely different level than its Yum! Brands counterparts. The Mexican concept saw Q2 same-store sales ...
Wall Street Journal20h
Slower KFC and Pizza Hut Sales Weigh on Yum Brands
The company said Tuesday that its global same-store sales fell in the June quarter, with the metric declining in its KFC and ...
ABC Columbia5h
Taco Bell targets inflation weary customers
(CNN)– Fast food giant Taco Bell may be seeing some success at luring back inflation-weary customers. David Gibbs, CEO of ...
Seeking Alpha on MSN20h
Yum! Brands dips after same-store sales at KFC and Pizza Hut disappoint
Worldwide system sales grew 3%, excluding foreign currency translation, with KFC up 2% and Taco Bell 7% higher. Pizza ...