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After rough Q2, Devyani International awaits demand rebound | Mint
Devyani, a franchisee of Yum Brands, operates KFC, Pizza Hut and Taco Bell restaurants in India. Same-store sales performance of Devyani’s core brands KFC and Pizza Hut has been subdued in recent quarters.
Taco Bell parent Yum Brands tops same-store sales... Yum Brands has banked on aggressive promotions and limited-time offers across its brands to attract customers. Pizza Hut's same-store sales globally rose 1%, missing estimates of 2.08%. The chain's sales in the United States were flat.
Yum Brands CFO Has a Plan for 100% Digital Transactions | Mint Yum Brands, which owns Taco Bell, Pizza Hut and KFC, is stepping up its investments aimed at increasing digital sales. Yum wants 100% of its global system sales at some point to be driven digitally.
Yum Brands CFO Has a Plan for 100% Digital Transactions Yum Brands is stepping up its investments aimed at increasing digital sales to customers. ‘Time and time again, when we shift sales into the digital channels, we see sales acceleration,’ says Chris Turner, chief financial officer of Yum Brands.
Yum Brands CFO Has a Plan for 100% Digital Transactions | Mint Yum Brands, which owns fast-food staples Taco Bell, Pizza Hut and KFC, is stepping up its investments. Yum wants 100% of its global system sales at some point to be driven digitally. The company reported $1.14 billion in general and administrative expenses in 2022.
Taco Bell is sued for false advertising of Crunchwraps,... Frank Siragusa says Taco Bell ads are "unfair and financially damaging to consumers" Lawsuit seeks at least $5 million for customers who bought the five items in New York state. Taco Bell, a unit of Yum Brands, did not immediately respond to requests for comment.
US restaurants set for second-half profit boost as costs ease, demand stays firm U.S. restaurant chains kick off their quarterly earnings this week. Some top names such as Starbucks and KFC-parent Yum Brands set to report results next week. Wall Street analysts have said fast-food companies are yet to see a notable sales slowdown.
Pick Your Poison: How This Fearless Fund Beats The Market Two of Marshfield’s four largest holdings today are auto parts stocks AutoZone and O’Reilly Automotive. Yum Brands, the parent company of KFC, Pizza Hut and Taco Bell, was its longest-tenured investment for 22 years.
KFC-operator India's Devyani's profit falls on expenses, demand slowdown India's Devyani International Ltd reported a 21% slump in fourth-quarter profit. The KFC restaurant operator saw a jump in expenses and inflation-hit consumers cut back spending on fast food. The profit slump is in step with the performance of rival Yum Brands.
Restaurants are expected to post strong earnings, but signs of trouble ahead could emerge McDonald's, Chipotle Mexican Grill and Domino's Pizza will all announce quarterly results next week. Starbucks, Burger King's parent company Restaurant Brands International and Taco Bell's owner Yum Brands are due to report their results.
Yum Brands CEO thanked Pete Davidson and credited Taco Bell's 45 million Mexican Pizzas as the fast food company crushed earnings estimates Yum Brands CEO thanked Pete Davidson and credited Taco Bell's 45 million Mexican Pizzas as the fast food company crushed earnings estimates.
London's Rental Market Is in Crisis. Here's Why and How Renters Are Struggling 92 percent of wealthy Americans were actively looking to relocate abroad last year. 67 percent admitted to already owning property outside the US. Yum Brands, Disney and Mattel will report after the bell Wednesday.
5 things to know before the stock market opens Wednesday Yum Brands reports Wednesday morning, following Chipotle's lackluster report after the bell Tuesday. Under Armour, Uber and CVS Health also posted results. Markets are particularly looking for clues about CEO Bob Iger's plans to stem streaming losses.
Fast-food giant Yum Brands tops expectations, led by strength in Taco Bell Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts' expectations. The restaurant giant saw strong U.S. demand for its food, but weak sales in China once again weighed on KFC's and Pizza Hut's results.
KFC franchisees in Russia ask govt to halt sale of... KFC franchisees in Russia ask govt to halt sale of stores to local operator. Yum Brands said in October that it had reached a deal to sell its KFC restaurants in Russia to Smart Service Ltd.
KFC franchisees in Russia ask govt to halt sale of stores to local operator - RIA Yum Brands said in October that it had reached a deal to sell its KFC restaurants in Russia to Smart Service Ltd. The deal needs a Russian government commission's approval.
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