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Yum! Brands Inc Add to portfolio

INX:YUM, Jul 18, 11:52 UTC

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Pakistan’s MCR Selects GetSwift for Last-Mile Delivery Technology at Pizza Hut

YUM

Pakistan’s MCR Selects GetSwift for Last-Mile Delivery Technology at Pizza Hut. Ltd., operator of Pizza Hut franchises across Pakistan, is pleased to announce it has selected software-as-a-service (SAAS) provider GetSwift Limited (ASX: GSW) for its last-mile delivery solutions. “Based on the success of GetSwift in other Yum Brands/Pizza Hut markets, GetSwift was a natural choice for us in Pakistan,” said Danyal Rashid, Executive Director of MCR. “We conducted an extensive implementation review to evaluate GetSwift on local parameters and concluded that GetSwift is the best option for us to offer the fastest delivery to our customers in Pakistan.”.

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Tuesday, July 16


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Domino's Pizza has one insurmountable challenge

YUM

Allison quickly told analysts on a conference call Tuesday after another disappointing quarter for U.S. sales that the impact of food delivery companies is unlikely to ease in the future. Keep in mind that for decades, Domino’s Pizza, Papa John’s (PZZA) and Pizza Hut (YUM) dominated fast food delivery. But with upstart names such as Uber Eats and Grubhub (GRUB) delivering high caloric food from McDonald’s to Chipotle to Dunkin’ Brands, the pizza companies are under siege. It’s unclear if Domino’s Pizza investors — who for years have been rewarded for the pizza chain’s digital efforts and brisk sales growth — fully get this brutal new reality. But their reaction to Domino’s second quarter results Tuesday suggest they are coming around that reality. “While relative valuation to peers looks attractive compared to historical, decelerating U.S. comp trends likely only heightens investor concerns around the impact from aggregators (or perhaps splits/other), and decelerating comp and sales growth provides little support while other brands are seeing accelerating trends,” UBS analyst Dennis Geiger wrote in a note to clients.

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Friday, July 12


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VIDEO: KFC Obliterated By Explosion In North Carolina

YUM

VIDEO: KFC Obliterated By Explosion In North Carolina. Originally published on July 12, 2019 3:45 pm. About two hours after a Kentucky Fried Chicken restaurant closed for business on Wednesday night, a massive blast reduced it to rubble within seconds. The explosion in the small town of Eden, N.C., which happened Thursday just after 12:30 a.m., was captured in dramatic surveillance footage from a neighboring pharmacy. Authorities have said they think the KFC closed between 10:15 p.m. and 10:30 p.m. "It's really close to a major roadway," he adds.

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News

Restaurant Brands International: Burger King Needs a Better Taco

YUM QSR +1 more YUM QSR QSR

The Burger King version is a thoroughly American creation of ground beef and hamburger toppings inside a crisped shell. Brands (NYSE:YUM) chain that was once sued by customers claiming the meat inside wasn’t actually meat. But the move does hint at something. They’re also cheap and easy to make. For operators dedicated to growth like Restaurant Brands International, tacos are a natural fit. The Brazilians at 3G Capital formed Restaurant Brands in 2014, combining the Burger King and Tim Horton’s chains.

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Tuesday, July 09


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A tortilla shortage at Taco Bell could hurt sales and Yum Brands' stock, analyst says

YUM

The firm lowered its Taco Bell's third-quarter same-store sales to a 1% decline due to the supply issues. "We note that the supply shortage should only be temporary creating an easier 3Q20 lap...but also note the long-term risk seems to be at breakfast where the 10-inch is utilized more heavily and where we suspect volumes are only at questionably break-even profitability levels," said Francfort. Despite noting the headwind for Taco Bell and Yum Brands, Bank of America raised its price target for Yum Brands to $110 from $103 and reiterated its neutral rating. Shares of Yum Brands, which has a market value of about $33.7 billion, suffered after reporting its first-quarter earnings in March when Taco Bell's same-store sales came in lower-than-expected.

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Wednesday, July 03


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Taco Bell reporting shortage of tortillas nationwide

YUM

Many Taco Bell locations across the country are dealing with a tortilla shortage. The company says it's experiencing a supplier shortage and is "working diligently to replenish the supply." The 10-inch tortillas are used in a variety of menu items, including quesadillas, burritos and supreme tacos. Some Twitter users reported those items were either unavailable on the menu or were offered with alternate serving methods such as a bowl. Taco Bell has about 7,000 locations nationwide, but the company hasn't said how many are affected by the outage.

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Tuesday, July 02


News

KFC Celebrates National Fried Chicken Day With Free Grubhub Delivery July 4-7

YUM

LOUISVILLE, Ky., July 2, 2019 /PRNewswire/ -- Kentucky Fried Chicken® today announced free delivery through delivery partner, Grubhub, to celebrate one of our favorite days of the year, National Fried Chicken Day (July 6). And, because the Colonel thinks every occasion is a good time for a bucket of Original Recipe®, the fried chicken experts are celebrating with free delivery all weekend long (July 4-7) – just in time for the 4th of July holiday weekend. Customers in the U.S. will automatically receive free delivery when they order KFC through Grubhub.com; Seamless.com, the company's NYC brand; or the respective brand apps (no special code needed) from Thursday, July 4 through Sunday, July 7 (delivery fee is normally $3.99). * Free delivery will be offered all day based on restaurant hours and will be available at more than 2,400 KFC restaurant locations. KFC specializes in Original Recipe®, Extra Crispy™, Kentucky Grilled Chicken® and Extra Crispy™ Tenders, Hot Wings®, KFC Famous Bowls®, Pot Pies, freshly hand prepared chicken sandwiches, biscuits and homestyle side items.

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News

KFC Canada to remove plastic straws and bags from restaurants by October

YUM

KFC Canada says it will stop using plastic straws and bags at restaurant locations across the country by October 2019. The fast food retailer announced Tuesday that it is launching a series of sustainability initiatives aimed at reducing the company’s use of plastic products, beginning with the removal of plastic straws and bags. KFC announced earlier this year that it would be shifting towards more sustainable packaging, pledging that all of the plastic-based packaging currently used at its restaurants will be made of recoverable or reusable materials by 2025. “This critical initiative, and the many more to follow, will enhance the long-term quality of life in the communities we serve,” Shehzad Janmohamed, chief executive of KFC Canada franchise partner Soul Foods Group, said in a statement.

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Monday, July 01


News

Longbow Downgrades Yum! Brands on Concerns about Pizza Hut

YUM

On July 1, Longbow Research downgraded the stock of Yum! Brands (YUM), which owns KFC, Pizza Hut, and Taco Bell, from a “neutral” to an “underperform.”.

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Friday, June 28


News

KFC Lets The Cat Out Of The Bag, Announces Chester Cheetah As Newest Colonel

YUM PEP

LOUISVILLE, Ky., June 28, 2019 Kentucky Fried Chicken® and the fan-favorite Cheetos® brand today announced the nationwide launch of the Cheetos Sandwich with assistance from its newest Colonel, the most mischievous cat around: Chester Cheetah®. "The combination of these two finger lickin' good favorites – our famous fried chicken and Cheetos – was a no brainer," said Andrea Zahumensky, chief marketing officer, KFC U.S. "After a very popular test market we knew we had to introduce it nationwide, and a sandwich this anticipated needed a Colonel like we've never seen before. There was no one better 'suited' than Chester Cheetah himself." To prepare for the role, Chester donned his best white Colonel suit, posed in a digital billboard spot and even took over a New York City KFC (242 E. 14th Street), hosting an Instagrammable and exclusive pop-up event on June 27. The abstract and colorful mural is a symbolic representation to show the merging of two renowned brands, KFC and Cheetos, and is available for fans to snap a selfie in front of through the end of July. As part of the launch, KFC will also introduce the Cheetos Lovers Box meal, which includes the Cheetos Sandwich, Popcorn Nuggets drizzled in Cheetos sauce, mac and cheese, wedges and a medium drink (prices and participation may vary).

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