KFC

On Tuesday, Yum Brands Inc. (NYSE:YUM) confirmed the sale of its subsidiary, Pizza Hut, to private equity firm LongRange Capital for nearly $1.5 billion. The Mainland China operations of Pizza Hut will be taken over by Yum China Holdings, Inc. (NYSE:YUMC) for nearly $1.2 billion. The...

Yum! Brands (NYSE:YUM) shares are up, up 3.24%, on Wednesday as the company reported strong first-quarter results, with Taco Bell achieving an impressive 8% same-store sales growth. This positive performance comes amid broader market pressures, as the Consumer Discretionary sector is currently down...

Yum China Holdings, Inc. (NYSE:YUMC) stock rose Wednesday after the company reported a strong quarter, driven by solid earnings, revenue growth, and improving margins. KFC and Pizza Hut fueled the performance through higher delivery demand, steady same-store growth, and continued expansion across...

Once rejected by Kentucky Fried Chicken and dozens of other employers, Alibaba Group (NYSE:BABA) founder Jack Ma has risen to become wealthier than the fast-food giant's parent company, Yum! Brands (NYSE:YUM). Early Failures That Shaped a Billionaire Ma, born in 1964 in Hangzhou, China, faced...

Yum! Brands Inc (NYSE:YUM) is making headlines for announcing that Kentucky Fried Chicken will soon be based in Texas. While the company has Kentucky in its name, its not the first brand to be headquartered in a different state. What Happened: Kentucky Fried Chicken, which was founded by Harland...

Key Takeaways: Yum China reported record third-quarter revenue and adjusted operating profit, which rose 15% and 10% year-on-year, respectively, in constant currency The company is widening its food prices to capture an underserved segment at the value end of China’s pizza market and expand...

Key Takeaways: Yum China plans to expand its footprint in China to 20,000 stores by 2026, as it returns to growth mode after post-pandemic normalizing The ambitious plan by the operator of KFC and Pizza Hut restaurants in China could face headwinds from growing consumer caution as the nation...

Elon Musk, the entrepreneur behind Tesla Inc. and SpaceX, has revealed one of his culinary cravings — and it involves Yum! Brands, Inc. (NYSE:YUM) -owned Taco Bell’s Breakfast Crunchwrap! What Happened: On Friday, a user took to Musk’s Twitter, now rebranded as X, and shared their love...

Key Takeaways: Pizza Hut has opened its 3,000th mainland China store, as it accelerates development of the chain in China following a revamp dating back to 2017 The chain has boosted its restaurant margins through automation and use of smaller store formats to extend its delivery range By...

Fast-food chains have become a ubiquitous part of modern America. From small local diners to global fast-food giants, there's a wide variety of options when it comes to grabbing a quick meal. In this article, we'll explore the five most popular fast-food chains in the U.S., based on global...

Western Australia has proposed banning fast-food giants, including Yum! Brands Inc.'s (NYSE:YUM) KFC and McDonald’s Corp. (NYSE:MCD), from near schools and slashing their opening hours as it looks to tackle the growing obesity problems in the region. What Happened: A report released by the...

As Australia grills through a lettuce shortage, fast food giants like KFC have replaced lettuce with cabbage in their burgers to hedge exorbitant costs. What Happened: “We’ve hit a bit of an Iceberg and are currently experiencing some lettuce supply chain disruptions due to...

More and more people are now opting for plant-based foods. With the soaring demand, fast-food chains like Yum Brands! Inc's (NYSE: YUM) KFC, Restaurant Brands International Inc's (NYSE: QSR) Burger King, and McDonald’s Corp (NYSE: MCD) are offering vegan food ...

Yum! Brands Inc (NYSE: YUM) reported second-quarter FY21 sales growth of 34% year-on-year, to $1.60 billion, beating the analyst consensus of $1.48 billion.  Comps: Same-store sales for the quarter grew 23%. It reported a 2% unit growth Y/Y. On a 2-year basis, same-store...

The South Korean subsidiary of the fast-food chain Kentucky Fried Chicken (KFC), owned by PepsiCo Inc. (NASDAQ: PEP), plans to launch its own non fungible tokens (NFTs) through a new partnership. What Happened: According to a Friday report by local news outlet...