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Top related persons:
Taco Bell - 2 Yum - 2 Mike Kemp - 1 Andy Yeung - 1 David Gibbs - 1 Gibbs - 1 Chick - 1
Top related locs:
U.S China Austin , Texas Yum's Mexican Bell's U.S Birmingham United Kingdom
Top related orgs:
KFC - 2 Yum Brands - 1 LSEG - 1 Getty - 1 Brands - 1 Refinitiv - 1 Indian - 1 Taco - 1

Search resuls for: "Taco Bell's U.S"


2 mentions found


☆ Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
  + stars: | 2024-05-01 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as Pizza Hut and KFC struggled to attract customers. Yum's global same-store sales also fell 3% in the quarter, missing StreetAccount estimates of 0.2% same-store sales growth. Across Yum's three largest brands, only Taco Bell reported same-store sales growth. Taco Bell's U.S. locations reported same-store sales growth of 2%, while its international business posted a decline of 2%. Pizza Hut reported same-store sales dropped 7%, as demand lagged both in its home market and internationally.
Persons: Taco Bell, Yum Organizations: Yum Brands, KFC, LSEG Locations: Austin , Texas, Yum's, Mexican, Bell's U.S, U.S, China
☆ Slow Pizza Hut sales in the U.S. weigh on Yum Brands' revenue
  + stars: | 2023-11-01 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +3 min
(photo by Mike Kemp/In Pictures via Getty Images)Yum Brands on Wednesday reported third-quarter revenue that fell short of analysts' expectations, hurt by weak same-store sales growth at Pizza Hut. Yum China CFO Andy Yeung said that sales had softened in late September through October, hurting its fourth-quarter results. But in the U.S., its second-largest market, KFC saw flat same-store sales growth. The pizza chain reported 2% same-store sales growth for international restaurants and flat same-store sales in the U.S.Pizza Hut isn't the only pizza chain that has struggled to win over U.S. consumers. Rival Domino's Pizza reported a 0.6% drop in same-store sales during its third quarter.
Persons: Mike Kemp, Andy Yeung, Yum, David Gibbs, Gibbs, Chick, Taco Bell Organizations: Getty, Brands, Refinitiv, Indian, Taco, KFC, U.S Locations: Birmingham, United Kingdom, China, Taco Bell's U.S, U.S
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