NEWS Yum! Brands Reports Second-Quarter Results +6% GAAP Operating Profit Growth and +10% Core Operating Profit Growth Taco Bell Same-Store Sales Growth +5%; KFC Unit Growth +8% Louisville, KY (August 6, 2024) - Yum! Brands, Inc. (NYSE: YUM) today reported results for the second-quarter ended June 30, 2024. Worldwide system sales, excluding foreign currency translation, grew 3% including a 1% same-store sales decline. Second-quarter GAAP operating profit grew 6% and second-quarter core operating profit grew ...

Yum! Brands, Inc. YUM is set to release earnings results for its second quarter, before the opening bell on Aug. 6, 2024.Analysts expect the Parsippany, Louisville, Kentucky-based company to report quarterly earnings at $1.33 per share, down from $1.41 per share in the year-ago period. Yum! Brands is projected to report quarterly revenue of $1.8 billion, compared to $1.75 billion a year earlier, according to data from Benzinga Pro.On May 15, Yum! Brands declared a quarterly dividend of 67 cents per share an ...

Yum! Brands, Inc. (YUM) is slated to release second-quarter 2024 results on Aug 6, before the opening bell. In the last reported quarter, the company's earnings missed the Zacks Consensus Estimate by 4.2%. The top line declined 3% year over year, while the bottom line increased 9% from the prior-year quarter's figure. YUM surpassed earnings estimates in three out of the trailing four quarters. The average surprise over this period is 3.9%, as shown in the chart below. Image Source: Zacks Investment Research ...

In its upcoming report, Yum Brands (YUM) is predicted by Wall Street analysts to post quarterly earnings of $1.32 per share, reflecting a decline of 6.4% compared to the same period last year. Revenues are forecasted to be $1.8 billion, representing a year-over-year increase of 6.5%.Over the last 30 days, there has been a downward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial for ...

Taco Bell's parent company is ramping up its implementation of drive-thru AI at the chain.Yum! Brands said Wednesday that hundreds of Taco Bells are set to have voice AI by the end of 2024.Other fast-food chains have been experimenting with automation and AI in recent years. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Em ...

Taco Bell will add AI voice technology to hundreds of its drive-thrus by year’s end.It’s part of parent Yum! Brands’ plans to integrate voice artificial intelligence (AI) to its stores around the world, the company announced Wednesday (July 31).“The rollout of Voice AI technology in Taco Bell, currently in more than 100 Taco Bell U.S. drive-thrus across 13 states, is designed to enhance back-of-house operations for team members and elevate the order experience for consumers,” Yum said in a news release. “Be ...

Yum Brands hopes to use artificial intelligence to take down drive-thru orders at hundreds of Taco Bell restaurants by the end of this year.The restaurant company announced on Wednesday that it's expanding its rollout of the tech in the U.S., as it eyes implementing it in drive-thru lanes globally.Yum joins restaurant rivals like Wendy's and White Castle in betting on voice AI, but its plans are the most ambitious to date. While tech companies may promise that voice AI can speed up service times, reduce lab ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Yum Brands (YUM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 6. On the ...

Boston, MA, July 24, 2024 (GLOBE NEWSWIRE) -- Inner City Capital Connections (ICCC), ICIC's signature program for small business owners in the mid-stage of their growth, is thrilled to mark its fourth year in Canada, made possible by the generous support and partnership of the lead sponsor, Pizza Hut Canada, as part of YUM's Unlocking Opportunity Initiative. The program provides free education, mentorship, and grants to small business owners from underrepresented communities across Canada. At the heart of t ...

The first global pizza chain to offer a tavern-style pizza, available nationwidePLANO, Texas, June 18, 2024 /PRNewswire/ -- Today Pizza Hut® announces its latest modern menu innovation, Chicago Tavern-Style Pizza, alongside a toppings transformation, marking the biggest toppings menu overhaul in over a decade. Pizza Hut is the first global pizza chain to offer a Tavern Pizza, in addition to being the first global QSR pizza brand to offer Chicken Sausage, Pesto Swirl and Spicy Sauce as permanent topping offe ...