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Yum! Brands Reports First-Quarter Results

Yum! Brands, Inc. today reported results for the first quarter ended March 31, 2022. Worldwide system sales excluding foreign currency translation grew 8%, with 6% unit growth and 3% same-store sales growth. First quarter GAAP EPS was $1.36, an increase of 27% year-over-year. First quarter EPS excluding Special Items was $1.05, a decrease of (1)% year-over-year.

DAVID GIBBS COMMENTS

David Gibbs, CEO, said “Our system sales grew 8% despite the difficult operating environment, a testament to the demand for our iconic brands and the unmatched operating...

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May 4 9:05 AM, General News



Give Back and Throwback in the New Year with the BOOK IT!® Bundle from Pizza Hut

Beginning today, Pizza Hut is offering the BOOK IT! Bundle, the perfect way to feed the whole family while accomplishing New Year's resolutions to give back.

Available through December 31, 2022 at participating Pizza Hut locations nationwide, for every BOOK IT! Bundle sold, Pizza Hut will donate $1.00 to our literacy partner First Book, a non-profit organization dedicated to ensuring educational equity. The BOOK IT! Bundle includes 2 large, 1-topping pizzas and breadsticks making it the ideal feast for past...

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Jan 5 1:14 PM, General News


Yum! Brands Reports Third-Quarter Results

Yum! Brands, Inc. today reported results for the third-quarter ended September 30, 2021. Worldwide system sales excluding foreign currency translation grew 8%, with 5% same-store sales and 4% unit growth. Third-quarter GAAP EPS was $1.75, an increase of 90% over the prior year quarter. Third-quarter EPS excluding Special Items was $1.22, an increase of 21% over the prior year quarter.

DAVID GIBBS COMMENTS

David Gibbs, CEO, said “Our third quarter results, led by record-breaking unit development and sustained momentum in digital sales, are a testament to the..."

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Oct 29 8:00 AM, General News


Yum! Brands Appoints Pizza Hut Division CEO to Drive Global Brand Strategies and Growth

Yum! Brands, Inc. announced that Aaron Powell, 50, former President of Kimberly-Clark Corporation’s Asia-Pacific Consumer Business, will join the Company as global Pizza Hut Division Chief Executive Officer, reporting to Yum! Chief Executive Officer David Gibbs, effective September 20. In this role, Powell will assume global responsibility for driving Pizza Hut Division’s growth strategies, franchise operations and performance. Today’s announcement concludes Yum! Brands’ search for Pizza Hut Division’s top leadership post.

“We couldn’t be happier to welcome Aaron to the Yum! Brands and Pizza Hut family and believe this global brand division leadership structure will enable the Pizza Hut U.S. and international teams to further implement best practices worldwide and continue...

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Aug 27 8:38 AM, General News


Pizza Hut Expands Partnership with Beyond Meat for New Plant-Based Beyond Pepperoni Pizza Topping

Pizza Hut and Beyond Meat have reunited. The two innovation leaders are entering another milestone in their partnership with the debut of Beyond Pepperoni, a plant-based version of Pizza Hut's #1 selling pizza topping, and a first for both brands. Beginning today, the Beyond Pepperoni Pizza will be available as a test in nearly 70 locations across five U.S. markets for a limited time, only at Pizza Hut.

Beyond Pepperoni was co-developed by Beyond Meat and Pizza Hut's culinary teams and is made from simple, plant-based ingredients like peas and rice, with no GMOs, soy, gluten, hormones, antibiotics or cholesterol. As part of its ongoing partnership with Beyond Meat...

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Aug 11 8:29 AM, General News


Pizza Hut Partners with Contentsquare for Experimentation and Improved Digital Customer Experience

Contentsquare, the leader in digital experience analytics, has partnered with global restaurant chain Pizza Hut, to help the brand optimize customer experiences across its digital channels.

The Digital Ventures team at Pizza Hut leveraged Contentsquare’s customer behavior insights to make meaningful discoveries as to how consumers interact with certain areas of their website.

Since adopting the platform, the team has identified several opportunities to drive experimentation, tailor personalization, and optimize customer journeys across the Pizza Hut site.

In a recent interview, Tristan Burns, Global Head of Analytics at...

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Aug 4 8:33 AM, General News


Yum! Brands Reports Second Quarter Results

Yum! Brands, Inc. reported results for the second-quarter ended June 30, 2021. Worldwide system sales excluding foreign currency translation grew 26%, with 23% same-store sales and 2% unit growth. Second-quarter GAAP EPS was $1.29, an increase of 91% over the prior year quarter. Second-quarter EPS excluding Special Items was $1.16, an increase of 41% over the prior year quarter.

DAVID GIBBS COMMENTS

David Gibbs, CEO, said “Our strong second-quarter results, led by record unit development and 23% same-store sales growth are a testament to our iconic brands, world-class talent, and best-in-class franchisees. I’m proud that each of our divisions reported positive same-store sales growth on a 2-year basis, a step up...

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Jul 29 10:18 AM, General News


Yum! Brands Annual Global Citizenship & Sustainability Report Shows Company's Commitment to Growth

Yum! Brands, Inc. released its annual Global Citizenship & Sustainability Report, highlighting the Company’s strategic investments in socially responsible growth, risk management and sustainable stewardship of its people, food and impact on the planet. Yum! and its KFC, Pizza Hut, Taco Bell and The Habit Burger Grill brands made progress in critical areas including climate action, food safety and creating greater equity and opportunity across its system.

“2020 marked a turning point for communities and businesses around the world, as the pandemic deepened existing societal issues and inequalities"...

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Jul 27 11:46 AM, General News







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