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Yum! Brands, Inc. (sometimes called simply Yum!), formerly Tricon Global Restaurants, Inc., is an American multinational fast food corporation listed on the Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and Habit Burger & Grill, except in China, where the brands are operated by a separate company, Yum China.
As a reminder, several of Yum! Brands business units report on a period calendar basis, including all U.S. and Canada brands, KFC U.K. and KFC Australia. When forecasting 2024, please keep in mind ...
It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located in every province and autonomous region in Mainland China. It has a ...
Yum! Brands reported a 4% increase in same-store sales for Taco Bell in the U.S., and a 9% unit growth for KFC International. The company’s quarterly revenues of $1.826 billion missed the.
Margins matter. The more Yum! Brands (NYS: YUM) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Sam Su is chairman and CEO of Yum!'s Chinese operations and Tony Lowings is the president and CEO of KFC, replacing Roger Eaton who retired in 2018. [14] David Gibbs is president, CFO and COO of Yum! Brands, Inc. [13] On March 7, 2019, KFC announced a new executive position "Chief Communications Officer" and Staci Rawls will fill that position ...
Yum! Brands (YUM) benefits from robust same-store sales, Taco Bell's growth and expansion efforts. However, a rise in net costs and expenses remains a concern.
Year-to-date, shares of Yum! Brands are down nearly 6%, compared to the S&P 500's gain of 8.5%. The earnings rundown. Adjusted earnings per share: $1.44 versus $1.27 expected.