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Taco Bell Value Meals Drive Sales
Strong Taco Bell sales fuel Yum Brands earnings beat
Yum Brands on Thursday reported quarterly earnings and revenue that topped Wall Street estimates. Results were fueled by strong sales for KFC's international restaurants and Taco Bell. Net sales climbed 16% to $2.
Taco Bell parent serves up sales beat as value meals whet demand
Yum Brands surpassed Wall Street estimates for fourth-quarter comparable sales on Thursday as value offerings from Taco Bell attracted budget-conscious U.S. consumers to the popular Tex-Mex chain, sending its shares up about 7%.
Yum Brands Sales Turn Positive, Driven By Taco Bell Results
Yum! Brands Inc. shares had their biggest gain in almost five years after sales surpassed expectations, buoyed by growth at the Taco Bell fast-food chain.
Yum! Brands Stock Shines After Q4 Earnings Beat, Fueled By Taco Bell and KFC Growth Engines
Yum! Brands, Inc. (NYSE:YUM) shares are trading higher on Thursday. The company reported fourth-quarter adjusted earnings per share of $1.61, beating the street view of $1.60. Quarterly sales of $2.362 billion outpaced the analyst consensus estimate of $2.
Taco Bell owner Yum creates a new technology platform
Byte by Yum will consolidate the technology capabilities the company has developed or acquired over the years.
Yum! Brands tops estimates as Taco Bell shines again
Yum! Brands' ( NYSE: YUM) core operating profit rose 17% across the company, led by the Taco Bell division. The company's restaurant margin rate of 17.9% was ahead of the consensus estimate of 16.2%. Adjusted EPS was reported at $1.61 vs. $1.60 consensus and $1.26 a year ago.
Taco Bell-Parent Yum Posts Quarterly Sales Beat as Value Meals Whet Demand
The company's core operating profit, more than 80% of which comes from Taco Bell U.S. and KFC international, jumped 8% in 2024, excluding the impact of an extra week in the year. Yum expects the metric to grow at least 8% this year, in line with its long-term target.
Taco Bell Value Meals Drive Sales As Yum Brands Reports Earnings
The logo of Taco Bell, a subsidiary of Yum! Brands, Inc. is seen on a store in Manhattan, New York City, U.S., February 7, 2022. Reuters / ANDREW KELLY Yum Brands reported strong fourth-quarter and full-year results,
Restaurant Business
3h
KFC says it may have something in its Saucy concept
The fast-food chicken chain’s struggles in the U.S. continued last quarter. But the company says early results from the first ...
restaurantdive
1h
Yum Brands launches integrated tech platform
Thousands of Taco Bell, Pizza Hut and KFC restaurants already use Byte by Yum, which includes kitchen management and point-of ...
QSR magazine
2h
KFC U.S. Banks on Bold Flavors and Tech Upgrades to Boost Business
KFC’s U.S. segment is in need of change, and Yum! Brands believes the new Saucy prototype may be one of the answers. The new ...
capitalbrief
2h
Collins Foods shares soar on KFC Australia sales growth
Shares in Collins Foods soared in early trading on the ASX after KFC Australia recorded double-digit sales growth during the ...
5h
on MSN
Yum Brands becomes the latest fast-food company to lean into AI — and its stock gains
Yum Brands is stepping up its efforts to harness AI, the operator of the Pizza Hut, Taco Bell and KFC fast-food chains ...
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