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Taco Bell Value Meals Drive Sales
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%.
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.
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 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. The fast food giant made $885 million in company sales in Q4, up from $647 million in 2023. Yum Brand made over $9 billion in digital system sales last year, the company's quarterly earnings report.
Taco Bell-parent Yum posts quarterly sales beat as value meals whet demand
Its shares rose about 3% in premarket trading. Fast-food chains from McDonald's to Burger King are leaning on their value meals to revive demand, after high prices of essentials and steep borrowing costs forced customers to dine out less.
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.
Yum Brands’ stock rises as Taco Bell and KFC fuel profit and revenue beats
Shares of Yum Brands Inc. rose 1.7% in premarket trading after the operator of the Pizza Hut, Taco Bell and KFC restaurant chains topped Wall Street’s profit and revenue estimates, with the Taco Bell and KFC businesses fueling that outperformance.
Restaurant Business
6h
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 ...
QSR magazine
5h
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 ...
13d
Next Stop for DePIN: Taco Bell
A string of everyday franchise businesses are forming part of a DePIN network for decentralized air quality on Solana, ...
9h
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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