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CSE Bulletin: Symbol Change - Inactive Designation - Komo Plant Based Foods Inc. (YUM)
Newsfile· 2024-08-23 17:16
Toronto, Ontario--(Newsfile Corp. - Le 23 août/August 2024) - The Exchange has determined that Komo Plant Based Foods Inc. (the “Issuer”) has not met the continued listing requirements as set out in CSE Policy 2, Appendix A section 2.9. Pursuant to Policy 6 section 2.4, the Issuer may not rely on confidential price protection, nor may the Issuer complete any financing without prior Exchange approval. In accordance with Policy 3, section 5.1, the .X extension is added to the listed securities of Issuers ...
Taco Bell UK launches Encore Hours, a brand-new initiative extending closing hours at select restaurants, so music fans don't need to choose between tunes and tacos
GlobeNewswire News Room· 2024-08-14 10:06
Piloting at Taco Bell Wembley High Road from 15th August to 20th August, Encore Hours will see select Taco Bell restaurants in the UK extend their opening hours to 2 a.m.On 15th August, the first 50 taco orders in-store during Encore Hours at Taco Bell Wembley High Road on launch night will receive a limited-edition Encore Hours t-shirt.Music fans will also be able to enjoy an exclusive Encore Hours promotion with the first 500 in-store orders placed by customers, after 11 p.m. each night, will receive a fr ...
Yum Brands: Valuation Appears Stretched
Seeking Alpha· 2024-08-13 06:22
Bjoern Wylezich/iStock Editorial via Getty Images Thesis Overview Driven by the sharp selloff of nearly 20% in McDonald's (MCD) stock from January through early summer, I issued a Buy rating on the company at $250 on a German platform. Since then, the stock has recovered up to around +10%. However, one noticeable aspect in a peer group comparison was the relatively high P/E ratio of competitor Yum Brands (NYSE:YUM). At the time of analysis around June, adjusted P/E was around 25, while those of market leade ...
KFC® Expands $5 Value Menu to Offer Customers More Options - Choose from Three Taste of KFC Deals
Prnewswire· 2024-08-12 13:00
Core Insights - KFC is enhancing its value offerings with new $5 deals on its Taste of KFC menu, aimed at providing affordable options for customers [1][2] - The new deals include KFC Chicken Nuggets, Famous Bowl with KFC Chicken Nuggets, and a Two-Piece Drum & Thigh, all priced at $5 [1][2] - KFC continues to promote its "$10 Tuesdays" deal and the $20 Family Deal, maintaining a focus on value for families [2][3] Summary by Category New Deals - The new $5 deals feature KFC Chicken Nuggets, Famous Bowl with KFC Chicken Nuggets, and Two-Piece Drum & Thigh, designed to cater to customer demand for value [1][2] - Additional digital exclusive deals include a 40-Piece Saucy Nuggets Party Pack for $19.99, a Sandwich + Nuggets Meal for Two for $15, and a Five-Piece Chicken on the Bone Meal for Two for $15 [3] Promotions - KFC's "$10 Tuesdays" offers a bucket of eight pieces of chicken for $10, while the $20 Family Deal includes six pieces of chicken, four sides, and four biscuits [2][3] - Starting September 5, KFC will offer free delivery on Thursdays for orders placed through KFC.com and the KFC app [3] Company Background - KFC has been serving its Original Recipe fried chicken since 1952 and operates over 30,000 restaurants in nearly 150 countries [6]
Yum!(YUM) - 2024 Q2 - Quarterly Report
2024-08-08 21:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 1-13163 ________________________ YUM! BRANDS, INC. (Exact name of registrant as specified in its char ...
KFC Owner Yum Brands Sees Slower Sales Growth, Goldman Sachs Analyst Revises Forecast
Benzinga· 2024-08-07 19:00
Yum! Brands, Inc. YUM released earnings results for its second quarter Tuesday before the opening bell.Analysts covering the Louisville, Kentucky-based company provided their takes:Goldman Sachs analyst Christine Cho maintained the Neutral rating on Yum! Brands with a price forecast of $150.Piper Sandler analyst Brian Mullan reiterated the Neutral rating on Yum Brands with a price forecast of $140.BMO Capital Markets analyst Andrew Strelzik has a Market Perform rating on Yum! Brands, with a price forecast o ...
KFC, Pizza Hut sales slump as sticky inflation hampers parent Yum's bottom line
New York Post· 2024-08-06 23:45
KFC and Pizza Hut parent Yum Brands reported a bigger-than-expected fall in same-store sales for the second quarter as sticky inflation discouraged lower-income Americans from spending on dining out.Same-store sales at the company’s KFC division fell 5% in the United States in the second quarter, compared with a 7% decline in the prior quarter, while Pizza Hut reported a decline of 1%, Yum said Tuesday.Like its peers in the fast-food industry, Yum, which also owns Taco Bell, has been investing in loyalty pr ...
KFC owner YUM! beats earnings forecasts and plans expansion of AI tech in drive-thrus
Proactiveinvestors NA· 2024-08-06 20:34
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Yum! Brands Stock Rises as Value-Focused Consumers Lift Taco Bell Sales
Investopedia· 2024-08-06 18:46
Key TakeawaysShares of KFC and Pizza Hut parent Yum! Brands rose Tuesday as the company gave an optimistic view of its value-centric brands like Taco Bell as consumers pull back on discretionary spending.Revenue rose year-over-year, but not quite as much as analysts expected. Same-store sales were lower at KFC and Pizza Hut, but higher at Taco Bell.An emphasis on value has emerged among other fast-food giants like McDonald's in recent weeks amid efforts to win back consumers who turned away over high prices ...
Yum Brands' Acquisitions Build a Digital Foundation for AI Advancements
PYMNTS.com· 2024-08-06 18:15
As Yum Brands aims to be a “leading global digital restaurant company,” per CEO David Gibbs, the quick-service restaurant (QSR) giant is tapping its tech acquisitions to create a unified eCommerce ecosystem on which to layer artificial intelligence (AI) capabilities to drive sales and productivity.The company, which owns KFC, Pizza Hut, Taco Bell and Habit Burger Grill, shared Tuesday (Aug. 6) on a call discussing its second-quarter 2024 financial results how it is approaching its ambitious digital goals.“T ...