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The Latest Breaking News from Yum Brands

KFC to become Texas fried chicken in HQ move to low-tax state

Dismay in Kentucky at decision by Yum! Brands to relocate corporate headquarters of fast-food chain

The Guardian - UK

KFC Trades Kentucky For Texas for Corporate Headquarters

Yum Brands, which also owned Taco Bell and Pizza Hut, said remote workers will also be required to relocate.

International Business Times

From KFC to TFC! Kentucky Fried Chicken ditches it old home and heads to the Lone Star state

The fried chicken chain will be relocating from the Bluegrass State to Plano, Texas

The Independent UK

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7,000 Workers Could Be Jobless After Former KFC, Pizza Hut Franchisee Goes Bankrupt

The former operator of a number of KFC and Pizza Hut franchises promises to pay the outstanding salaries of its 7,000 staff days after filing for bankruptcy.

International Business Times

The Fast and the Casual: Is Taco Bell Catching Up to Chipotle?

Taco Bell has seen its comp sales improve to 5% YoY growth while Chipotle's comp sales growth peaked at 11.4% in Q2 dropping to 5.4% YoY by the end of Q4 2024.

MarketBeat

Cheap coffee and smaller pizzas help Yum China survive an uncertain consumer market

Yum China’s New York–traded shares jumped by 9.1% on Thursday, after the company reported resilient earnings and an expanded dividend.

Fortune

Yum Bets Big On AI As It Attempts To Move To 100% Digital Sales

Yum Brand is betting big on artificial intelligence to as it hopes to move 100% of its sales to digital.

International Business Times

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Taco Bell Value Meals Drive Sales As Yum Brands Reports Earnings

Yum Brands reported strong fourth-quarter and full-year results, fueled by Taco Bell's value-driven menu.

International Business Times

Stock Index Futures Gain With U.S. Presidential Election in Focus, Economic Data and Earnings on Tap

December S&P 500 E-Mini futures (ESZ24) are up +0.21%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.27% this morning as investors braced for the closely contested U.S. presidential election, while also awaiting a new round of economic data and corporate earnings reports.

Barchart

E. coli Outbreak: Fast-Food Chains Pull Onions After McDonald's Identifies Taylor Farms As Supplier

On Thursday, Burger King's parent company, Restaurant Brands International, along with Yum Brands, the owner of KFC, Pizza Hut, and Taco Bell, announced the removal of fresh onions from their menu items due to a deadly E. coli outbreak.

Latin Times

McDonald's E. coli Outbreak: Fast-Food Chains Pull Onions After Taylor Farms Identified As Supplier

Burger King, KFC, Pizza Hut and Taco Bell have removed fresh onions from their menu due to a deadly E. coli outbreak.

International Business Times

McDonald's says onions from California grower linked to deadly E. coli outbreak

A California produce grower is the source of fresh onions linked to a deadly E

The Independent UK

What You Need to Know Ahead of Yum! Brands' Earnings Release

Yum! Brands is expected to release its third-quarter earnings next month, and analysts expect a single-digit drop in earnings.

Barchart

McDonald’s largest french fry maker lays off hundreds as Americans turn away from fries

Lamb Weston, North America’s biggest french fry producer, counts McDonald’s and Yum Brands among its customers.

Fortune

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Fortune

How Starbucks’ new CEO Brian Niccol went from fast-food Frankenstein to Chipotle’s redeemer

Niccol helped create Taco Bell’s mega-viral Doritos Locos Taco before leading Chipotle’s food safety crisis turnaround.

Barchart

Yum! Brands Stock: Is Wall Street Bullish or Bearish?

Yum! Brands have significantly underperformed the broader market over the past year, and Wall Street analysts are moderately optimistic about the stock’s prospects.

The Independent UK

Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike

The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it

Salon

Taco Bell introduces AI to drive-thrus

The fast food chain has been testing the new ordering system in 100 stores across 13 states

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TechRadar

A Taco Bell AI is either the best idea of the 21st century or one that's going to make you question your choices

Taco Bell will install AI to run its drive-thrus at hundreds of locations.

International Business Times

Taco Bell To Roll Out AI Drive Thrus In Multiple Locations By End Of 2024

Yum Brands has announced that it plans to expand the rollout of artificial intelligence technology in the U.S. as part of its global strategy.

The Independent UK

Yo Quiero AI? Taco Bell set to roll out automated drive-thru ordering at many restaurants

Taco Bell aims to complete its expansion by the end of the year.

Fortune

Taco Bell is bringing AI order-takers to hundreds of drive-thrus nationwide

Move comes just a month after McDonald’s pulled back on the practice.

Barchart

Is McDonald's Stock Underperforming the Nasdaq?

Despite McDonald's recent underperformance compared to the Nasdaq 100, Wall Street analysts remain cautiously optimistic about the stock's prospects.

Fortune

Former Yum Brands CEO: How active learning took me from 30 trailer parks to the helm of a $32 billion global corporation

David Novak developed the "vital discipline of learning from anybody, any experience, and any new environment that had something valuable to offer."

Top News

Yum Brands Reports Drop In Global Same-Store Sales

Yum Brands faces global sales decline at KFC due to changing consumer preferences and increased competition.

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