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Yum! Brands (YUM) continues to gain from solid off-premise sales, strategic investments in digital technology, robust growth at Taco Bell and menu innovations. Here's Why Investors Should Retain Yum!
PepsiCo divested the brands in 1997, and these consolidated as Yum! The company operates KFC, Pizza Hut, Taco Bell, WingStreet (Pizza Hut's chicken wing menu), and Habit Burger & Grill since 2020, except in China, where the brands are operated by another company known as Yum China. Yum! previously also owned Long John Silver's and A&W Restaurants.
Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
The group's acquisitions have been largely funded by debt, with a net debt of nearly £8 billion in March 2023. [6] Since early 2023, the group has sold its U.S. forecourts in a sale-and-leaseback deal, as well as sold most of its UK assets to Asda, Zuber Issa (as EG On the Move) and Yum! Brands in an effort to reduce this debt. [7] [8]
Yum (YUM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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The company's third-quarter performance inspired one analyst to upgrade his recommendation on the shares.
Country of origin Name Number of locations Revenue 1 China Mixue Ice Cream & Tea: 45,000 (2024) [1]: 168 RMB13.6 billion (2021) [1]: 247 : 2 United States McDonald's ...