KFC
Coverage focuses on the UK strategy and performance of one of the world’s largest quick-service restaurant brands. Reporting includes franchise expansion, store refits with digital ordering and kiosk tech, menu development including meat-free trials, and partnerships with delivery platforms such as Deliveroo and Just Eat. Insight also covers pricing strategy, drive-thru growth, high street and retail park positioning, and supply chain initiatives, offering a lens into scalable, high-volume operational models in the QSR sector.
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Aug- 2024 -7 AugustNews
Yum Brands revenue hits $1.7bn in Q2
Yum Brands, which owns KFC, Taco Bell, Pizza Hut and Habit Burger Grill, has reported a 4% revenue growth to $1.7bn (£1.3bn) for the second quarter ended 30 June 2024. Worldwide system sales grew 3% including a 1% same-store sales decline. GAAP operating profit for the group increased 6% to…
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Jun- 2024 -25 JuneBusiness
Tortilla acquires French competitor Fresh Burritos for €3.95m
Tortilla Mexican Grill has announced its strategic acquisition of Fresh Burritos, a France-based European fast-casual Mexican restaurant, for a total of €3.95m (£3.34m). The deal has been funded from the group’s existing debt facilities and is expected to contribute £2.5m of additional annual adjusted EBITDA at 24 months maturity. It…
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May- 2024 -3 MayNews
Today’s news in brief – 03/05/24
Yum! Brands reported a 3% decline in revenue to $1.5bn (£1.1bn) for Q1. Operating profit for the group also declined by 1% to $520m (£414m), while core operating profit grew 6%. KFC revenues declined by 8% to $632m (£503m), while sales for the division declined 4% to $105m (£83m). Nightcap…
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3 MayFood and Drink
Yum! Brands revenues dip 3% to $1.5bn in Q1
Yum! Brands, which operates KFC, Taco Bell and Pizza Hut, reported a 3% decline in revenue to $1.5bn (£1.1bn) for the first quarter ended 31 March. Operating profit for the group also declined by 1% to $520m (£414m), while core operating profit grew 6%. KFC revenues declined by 8% to…
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Mar- 2024 -1 MarchNews
Today’s news in brief – 01/03/24
Neapolitan pizza parlour, Motherdough, opened its first restaurant at London Dock, Wapping. Following on from his most recent success of independent brunch café BOBO & WILD – with locations in Shoreditch Park, Clapham Common and South Woodford – Motherdough’s creator Farkhod Najmetdinov is well-versed in creating fresh and exciting F&B…
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1 MarchFood and Drink
KFC UK&I launches first nutrition progress update
KFC UK&I has unveiled its first ever nutrition progress update, which tracks the progress it has made on nutrition across its menu and aims to increase transparency for consumers and wider industry. The update has outlined KFC’s steps on its nutrition journey, which included reformulating its fries by removing around…
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Feb- 2024 -9 FebruaryNews
Today’s news in brief – 09/02/24
Yum Brands total Q4 revenues rose 1% to $2.03bn (£1.6bn), as net incomes rose 24% to $463m (£367.3m) during the period ending December 2023. The news comes as the group’s global operations of KFC, Pizza Hut and Taco Bell saw a 5% rise in sales – driven by a 6%…
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9 FebruaryFood and Drink
Yum Brands Q4 revenues hit $2.03bn
Yum Brands, the operator of KFC, Pizza Hut and Taco Bell, has reported that total revenues rose 1% to $2.03bn (£1.6bn) by the end of Q4, as net incomes rose 24% to $463m (£367.3m) during the period ending December 2023. The news comes as the group’s global operations saw a…
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Dec- 2023 -6 DecemberNews
Today’s news in brief – 06/12/23
SSP reported a 38% rise in revenues to £3bn and doubled its EBITDA during FY23. This success was fueled by revenue growth and profit conversion, with a notable 25% H2 revenues increase on a constant currency basis. While North America, APAC, and EMEA regions contributed strongly, the UK and Europe…
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6 DecemberNews
EG Group to sell 218 KFC franchise restaurants
EG Group has announced that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division. The transaction agreed by EG Group – the largest KFC franchisee in the UK and Ireland – is an additional…
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