Yum Brands income jumps 8.6% powered by more Taco Bell and KFC diners

USA – American fast food company Yum! Brands has posted strong quarterly performance with 8.6% rise in net income to US$454 million from $418 million in the comparable period last year. The company results indicated that strong sales at KFC and Taco Bell offset continued weakness at Pizza Hut which is losing to competitors in…

Yum! Brands promotes Vipul Chawla to President of Pizza Hut International

USA - Yum! Brands, Inc., an American fast food company, has announced the promotion of Vipul Chawla, 50, to President of Pizza Hut International, reporting to Yum! Brands Chief Executive Officer Greg Creed, effective December 3, 2018. Chawla, who currently serves as Managing Director of Pizza Hut Asia-Pacific, will assume responsibility for driving the brand…

Yum Brands revenue falls 3% as KFC and Pizza Hut fail to beat estimates

USA - Yum Brands, the American global leader in chicken and pizza has reported 3% fall in revenue to US$1.37 billion as its restaurant brands KFC and Pizza Hut fail to reach estimates. According to the company, the overall same-store sales across all of its brands including Taco Bell, Pizza Hut, KFC were up 1%…

Yum! Brands announces new partnership with KFC and Taco Bell

CHICAGO - Yum! Brands, one of the world’s largest restaurant companies, and Grubhub, have announced a new partnership to drive incremental sales to KFC and Taco Bell restaurants in the U.S. through online ordering for pickup and delivery. YUM also entered into an agreement with Grubhub, the nation’s leading online and mobile takeout food-ordering company,…

India a stand-out market – Yum! Brands CEO

INDIA - Yum! Brands chief executive Greg Creed called India a stand-out market, while announcing the US restaurant giant’s third-quarter results. “India was a standout market for Pizza Hut with its fifth consecutive quarter of same store sales growth,” Creed said during an investor call. The company owns brands such as Pizza Hut, KFC and…