Yum Brands
Coverage of franchise openings, menu innovations, and operational leadership within the UK businesses under one of the world’s largest quick‑service restaurant groups. Reports include new KFC, Pizza Hut, and Taco Bell launches, updates on franchising deals and site pipelines, shifts in menu and delivery strategy, and executive changes across brand divisions. Focused on foodservice professionals, franchise operators, and hospitality executives monitoring scalable branded fast‑food models and multi-brand expansion within the UK market.
-
Nov- 2023 -3 NovemberNews
Today’s news in brief – 03/11/23
Starbucks revenues increased 11% to $35.9bn for the full year ended 1 October, as global comparable store sales increased by 8%. The company’s operating income for the full year increased by 27% to $5.8bn compared with $4.6bn in 2022. In Q4, net revenues for the international segment grew by 11%.…
Read More » -
3 NovemberFood and Drink
KFC owner net revenues rise 26% in Q3
Yum! Brands, the owner of KFC, has revealed that net incomes increased 26% to $416m (£340m) for Q3 ended 30 September, as total revenues rose by 4% to $1.71bn (£1.4bn). This comes as KFC contributed 13% to the overall global sales growth, followed by 11% by Taco Bell and 4%…
Read More » -
Aug- 2023 -4 AugustFood and Drink
Yum Brands income surges 86% in Q2
Yum Brands, the operator of KFC, Pizza Hut and Taco Bell, has reported that its net income surged 86% to $418m (£328.9m) for the second quarter ended 30 June. By the end of Q2, the group’s total revenues reached $1.69bn (£1.33bn), spelling an increase of 3% from $1.64bn (£1.29bn) in…
Read More » -
May- 2023 -5 MayNews
Yum! Brands income falls by 25% to $300m in Q1
Yum! Brands, which operates restaurant chains KFC, Taco Bell, Pizza Hut and Habit Burger Grill, has announced that net income fell by 25% to $300m (£238m) in Q1, down from $399m (£316m) the prior year. Despite this, revenues for the brand rose by 6% to $1.6bn (£1.4bn) in the first…
Read More » -
Nov- 2022 -3 NovemberRestaurants
Yum Brands digital sales reach £5.3bn in Q3
Yum Brands, the parent company of KFC, Taco Bell and Pizza Hut, revealed its digital sales reached approximately $6bn (£5.3bn), with digital mix exceeding 40%, during the third quarter ended 30 September 2022. The parent company also revealed that its Q3 GAAP operating profit grew by 4%, while its core…
Read More » -
Sep- 2022 -13 SeptemberBusiness
Yum Brands approves $2bn share buyback plan
Yum Brands, the operator of KFC, Pizza Hut and Taco Bell, has announced that its board of directors has approved a new share buyback plan which authorises repurchases of up to $2bn (£1.7m) in shares of common stock through 30 June 2024. The new authorisation will take effect upon the…
Read More » -
May- 2022 -6 MayRestaurants
Yum Brands sales rise 8% in Q1
Yum Brands, the owner of KFC and Pizza Hut, has announced that sales rose by 8% in Q1 despite a “difficult” trading environment over the period. Worldwide system sales in the quarter ended 31 March grew by 9% at KFC, 8% at Taco Bell and 3% at Pizza Hut. Reported…
Read More » -
Nov- 2019 -11 NovemberPeople
Paul UK appoints Mark Hilton as new CEO
French bakery and patisserie chain Paul has appointed Mark Hilton as its new chief executive officer. Hilton succeeds Jean- Michel Orieux as CEO, who stepped down last year, taking on the role of non-executive director with Paul International. Hilton’s new role focuses on driving growth of the brand throughout the…
Read More »
