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Taco Bell, KFC Owner Suing Grubhub For Violation Of Distribution Agreement
Friday, June 12, 2020 - 3:54am | 405Yum! Brands, Inc. (NYSE: YUM) is suing Grubhub Inc. (NYSE: GRUB) for violating a distribution agreement dating back to 2018. What Happened Yum purchased a 3% stake in Grubhub in 2018 and signed a deal that would give it favorable pricing and service levels for its KFC and Taco Bell restaurants...
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How KFC Could Save Sister Brand Pizza Hut
Wednesday, February 19, 2020 - 12:09pm | 487The colonel's coming to the rescue. Under the leadership of CEO David Gibbs, restaurant operator Yum! Brands, Inc. (NYSE: YUM) will tap its KFC brand to help rejuvenate the struggling Pizza Hut chain. Yum's Pizza Hut Strategy Yum's recent fourth-quarter earnings report...
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Would You Like Some Shoes With Your KFC Chicken?
Thursday, February 13, 2020 - 2:01pm | 361April fools didn't come early this year: Yum! Brands, Inc. (NYSE: YUM)'s KFC chain is teaming up with shoe company Crocs, Inc. (NASDAQ: CROX) to collaborate on a new line of shoes. What Happened KFC and Crocs will team up and create two limited-edition Crocs, the companies said in a...
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Chinese KFC Owner Yum China Stock Dips As Company Closes 30% Of All Stores
Thursday, February 6, 2020 - 6:20am | 276The shares of Yum China Holdings Inc. (NYSE: YUMC) tanked in the after-hours session on Wednesday as the company gave a bleak outlook of the future due to the spread of the novel coronavirus hurting its business in China. What Happened The fast food chain, which controls chains including KFC,...
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KFC Will Test Out More 'Beyond Fried Chicken'
Wednesday, January 29, 2020 - 10:23am | 371Fast-food chain Kentucky Fried Chicken announced Wednesday it will expand testing a plant-based chicken product made by Beyond Meat Inc (NASDAQ: BYND) to two new markets. Several KFC restaurants in Charlotte, Nashville, and surrounding areas, will offer customers its new Beyond Fried Chicken menu...
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KFC Issues A Non-Apology After Criticism Over Sexist Ad
Tuesday, January 21, 2020 - 6:19am | 358Yum! Brands, Inc.'s (NYSE: YUM) fast food brand KFC is facing criticism for exhibiting sexism in a recent advertisement in Australia. What Happened In a 15-second long video, a woman can be seen fixing her dress in the reflection of a window mirror of a parked car, apparently believing that the...
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The M&A History Of Yum Brands
Thursday, January 9, 2020 - 5:36pm | 418Restaurant operator Yum! Brands, Inc. (NYSE: YUM) expanded its portfolio with the $375-million acquisition of Habit Burger Grill this week. Here's a look back at other notable M&A deals throughout Yum Brands' history, according to Nation's Restaurant News. Pizza Hut, Taco Bell...
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Smells Like Chicken? This KFC-Scented Fire Log Is A Real Thing You Can Buy At Walmart
Friday, December 6, 2019 - 9:37am | 378What better way to celebrate the holidays than making your home smell like a KFC restaurant. Walmart Inc (NYSE: WMT) is again selling an Extra Crispy Fire Log which duplicates the familiar smell of KFC's secret blend of 11 herbs and spices. What To Know About The KFC-Scented Fire Log Walmart is...
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KFC's Plant Chicken Looks, Tastes Like The Real Thing, Says Toronto Star
Friday, November 29, 2019 - 11:41am | 424Yum! Brands, Inc.'s (NYSE: YUM) KFC brand is working on a plant-based fried chicken option in Canada, according to the Toronto Star. KFC Says Seasoning The Biggest Challenge Toronto Star's Karon Liu and other journalists spoke with KFC's food innovation and technology manager...
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KFC Is Trialing Vegan Version Of Its Chicken Burger
Thursday, June 13, 2019 - 1:31pm | 248KFC, a subsidiary of Yum! Brands, Inc. (NYSE: YUM), will trial a vegan version of its original recipe fillet sandwich. KFC said the “Imposter” will be available in selected restaurants in London, Bristol and the Midlands in the United Kingdom starting June 17 June for four weeks. The...
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Burger King, McDonald's And KFC's Stance On Plant-Based Meat Products
Friday, June 7, 2019 - 7:52am | 291There is a huge push for fast-food restaurants to launch meat-free products. This year a number of mainstream fast-food restaurants are joining the meat-free revolution and adding plant-based products to their menu. One of the fastest growing food companies is Beyond Meat (NASDAQ: BYND). Beyond...
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Amid Plant-Based Meat Craze, KFC Might Explore Alternatives To Chicken
Thursday, May 30, 2019 - 10:28am | 305Beyond Meat (NASDAQ: BYND) shares ticked a bit lower Thursday morning following a report that Yum! Brands, Inc. (NYSE: YUM)'s KFC could join the meat-free revolution and add plant-based products to their menu. "If you would have asked me six months ago, I would have said no, to be...
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Oppenheimer: Yum China Takeout Speculation Is Intriguing, But Shares No Longer Undervalued
Friday, August 17, 2018 - 4:50pm | 389Oppenheimer analyst Brian Bittner downgraded Yum China Holdings Inc (NYSE: YUMC) from Outperform to Perform and removed his $40 price target. The Thesis After spinning off from YUM! Brands, Inc. (NYSE: YUM) last November, Yum China shares have gained roughly 46 percent, but a elevated...
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BofA Points To Yum China's Earnings Downside Risk In Downgrade
Friday, July 20, 2018 - 2:58pm | 370Shares of Yum China Holdings Inc (NYSE: YUMC) are trading near 52-week lows, and its decline since January doesn't fully factor in future downside risk, according to Bank of America Merrill Lynch. The Analyst BofA's Chen Luo downgraded Yum China from Neutral to Underperform with...
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GrubHub Integrates Venmo As Payment Option; Stephens Says Peers Are At Competitive Disadvantage
Tuesday, April 17, 2018 - 2:02pm | 645GrubHub Inc (NYSE: GRUB)'s first-mover advantage in food delivery positions the company to capitalize on rapid growth in the sector, according to Stephens. Its announcement Tuesday that Paypal Holdings Inc (NASDAQ: PYPL)'s Venmo is being integrated into the platform makes it...