Yum! Brands

Yum Brands reported adjusted EPS of $1.56 versus $1.49 expected and revenue of $2.05 billion in Q3. Net income rose to $1.62 billion, boosted by gains tied to the completed divestiture of Pizza Hut. Taco Bell U.S. same-store sales fell 4% after a cyclospora outbreak linked to iceberg lettuce, though management says traffic has rebounded since late September. KFC posted modest same-store sales gains while overall results were flat excluding Pizza Hut. » Más en cnbc.com

After the sale of Pizza Hut, Yum! Brands presented a simplified growth plan at the Barclays conference that concentrates on KFC, Taco Bell and The Habit Burger Grill. Management expects the streamlined group to show clearer growth profiles by 2027 and reaffirmed long-term targets: 7% system sales growth, 5% net unit growth and more than 8% core operating growth. Taco Bell remains the main growth driver in the US and internationally with a strong digital mix, while KFC continues to expand rapidly globally but is undergoing a lengthy turnaround in the US. Yum! emphasizes stronger franchise economics, continued investment in its brands and openness to targeted acquisitions, without immediate plans for large deals. » Más en de.investing.com

The board of directors of Yum Brands has declared a quarterly cash dividend of $0.75 per common share. The payment will be made on September 18, 2026 to shareholders of record on September 9, 2026. Yum Brands operates or licenses more than 58,000 restaurants in 155 countries under brands such as KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. » Más en de.investing.com