Mr Novak declared that he was going to “love” the franchisees, who owned 60% of Yum!'s restaurants at the time of the spin-off (the proportion is now about 75%), and whom PepsiCo had not always treated gently. Restaurant managers got …
LOUISVILLE, Ky. (AP) — Shares of Yum Brand plunged in late trading Tuesday after the owner of KFC, Pizza Hut and Taco Bell cut its profit outlook for the year, citing a slower-than-expected comeback for its key China division. The …
Yum also pledged to help Little Sheep, which listed on the Hong Kong stock exchange in 2008, to introduce the hot pot concept — customers dip vegetables or meat into boiling broth at their tables — and the Little Sheep brand “to a wider …
But apparently (and this is without knowing what Yum! Brand’s third-quarter report ... Because of this, people and markets tend to listen to him: after his comments, Chipotle’s stock fell 6%. But before you go about trying to decry the …
Yum already owns 27.2 percent of the stock. Yum, which gets 36 percent of annual revenue from China, wants Little Sheep to accelerate expansion in the country. The US restaurant operator, which also owns the Pizza Hut fast-food …
Oct. 7 (Bloomberg) -- As various companies begin to spin-off businesses, analysts are turning their attention to Yum! Brands and the potential benefits of a Chinese spin-off of their food offerings. Bloomberg’s Scarlet Fu reports on “In The …
Third Point founder Dan Loeb has issued his first quarter letter, and he says he's taken a significant position in YUM! Brands, the owner of food chains including KFC. YUM! stock was up about 4% on the news in Friday morning trading. …
GREENSBORO, N.C. -- It's a Greensboro institution that's been around for more than 100 years selling hot dogs and ice cream. Yum Yum Better Ice Cream Company, Yum Yum for short, is situated right in the middle of the UNCG campus …
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Yum Brands announced on Tuesday new leadership for its China division as investor activists lobby for the owner of the KFC and Pizza Hut brands to spin off that business, which is its biggest driver of revenue and profit. Shares of Yum
Yum Brands' (YUM) recent opening of the first Taco Bell in India (paneer and potato burritos!) highlights a little known fact about the proliferation of American fast food around the world. Despite McDonald's (MCD) untouchable dominance in …