YUM! Brands, Inc., together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Pizza Hut Division, the Taco Bell Division, and the Habit Burger Grill Division. The company operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products. As of December 31, 2020, it had 25,000 KFC units; 17,639 Pizza Hut units; 7,427 Taco Bell units; and 287 The Habit Burger Grill units in approximately 150 countries and territories. The company was formerly known as TRICON Global Restaurants, Inc. and changed its name to YUM! Brands, Inc. in May 2002. YUM! Brands, Inc. was founded in 1997 and is headquartered in Louisville, Kentucky.
IPO Year:
Exchange: NYSE
Website: yum.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2024 | $156.00 → $145.00 | Buy → Hold | TD Cowen |
| 7/16/2024 | $160.00 → $145.00 | Outperform → In-line | Evercore ISI |
| 6/13/2024 | $150.00 | Neutral | Goldman |
| 4/10/2024 | Buy → Hold | Argus | |
| 1/11/2024 | $150.00 → $135.00 | Overweight → Equal Weight | Wells Fargo |
| 1/5/2024 | $154.00 | Perform → Outperform | Oppenheimer |
| 1/4/2024 | $135.00 | Buy → Hold | Stifel |
| 1/3/2024 | $126.00 → $146.00 | Equal Weight → Overweight | Barclays |
| 10/20/2023 | $115.00 | Overweight → Neutral | Redburn Atlantic |
| 10/19/2023 | $131.00 | Hold | Deutsche Bank |
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8-K - YUM BRANDS INC (0001041061) (Filer)
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TD Cowen downgraded Yum! Brands from Buy to Hold and set a new price target of $145.00 from $156.00 previously
Evercore ISI downgraded Yum! Brands from Outperform to In-line and set a new price target of $145.00 from $160.00 previously
Goldman initiated coverage of Yum! Brands with a rating of Neutral and set a new price target of $150.00
Argus downgraded Yum! Brands from Buy to Hold
Wells Fargo downgraded Yum! Brands from Overweight to Equal Weight and set a new price target of $135.00 from $150.00 previously
Oppenheimer upgraded Yum! Brands from Perform to Outperform and set a new price target of $154.00
Stifel downgraded Yum! Brands from Buy to Hold and set a new price target of $135.00
Barclays upgraded Yum! Brands from Equal Weight to Overweight and set a new price target of $146.00 from $126.00 previously
Redburn Atlantic downgraded Yum! Brands from Overweight to Neutral and set a new price target of $115.00
Deutsche Bank initiated coverage of Yum! Brands with a rating of Hold and set a new price target of $131.00
For the First Time Ever, Pizza Hut Will Reward All Readers Across the Country with a Free Personal Pan Pizza (with $8 minimum purchase)* as Part of National Book Month Celebration PLANO, Texas, Oct. 1, 2024 /PRNewswire/ -- Pizza Hut, LLC is thrilled to mark the 40th anniversary of its beloved BOOK IT! ® program by giving away ONE MILLION FREE PERSONAL PAN PIZZAS during National Book Month this October. Since 1984, the Pizza Hut BOOK IT! program has ignited a passion for reading in millions of children, and now, for the first time, readers of all ages are invited to join in the celebration with a limited time offer of a free Personal Pan Pizza (with $8 minimum purchase)* for everyone who emb
Brand Debuts Humorous Stunt Content Promoting That Pizza Tastes #BetterWithPepsi and To Prove It, Offers Fans Tens of Thousands of FREE Pizzas On DoorDash with Purchase of ANY Pepsi from Leading Pizza Restaurants Little Caesars, Papa Johns, Pizza Hut, and Marco's Pizza PURCHASE, N.Y., Sept. 12, 2024 /PRNewswire/ -- Ordering pizza on a Friday night is a classic end-of-week celebration (with nearly 43% of pizza orders taking place then), but if you're not chasing that crispy crust and gooey cheese with a refreshing sip of ice-cold PEPSI®, you're leaving taste on the table – and that's nothing to celebrate. In hopes of putting a screeching halt to eating pizza without a Pepsi, today, the brand
Boston, MA, July 24, 2024 (GLOBE NEWSWIRE) -- Inner City Capital Connections (ICCC), ICIC's signature program for small business owners in the mid-stage of their growth, is thrilled to mark its fourth year in Canada, made possible by the generous support and partnership of the lead sponsor, Pizza Hut Canada, as part of YUM's Unlocking Opportunity Initiative. The program provides free education, mentorship, and grants to small business owners from underrepresented communities across Canada. At the heart of this initiative is the Equal Slice Program, a pivotal component offering participants the opportunity to vie for one of five $20,000 CAD grants designed to fuel the growth and scalability
Melissa Friebe To Become Chief Marketing Officer, Pizza Hut U.S., from Taco Bell PLANO, Texas, May 20, 2024 /PRNewswire/ -- Today, Pizza Hut announced two new executive marketing appointments. Kalen Thornton will join the company as Global Chief Brand Officer reporting to Pizza Hut Division Chief Executive Officer, Aaron Powell, effective June 10. In this role, Thornton will lead Pizza Hut's global brand strategy and oversee all aspects of marketing across 110 markets and territories. Thornton will also be responsible for guiding the brand to a new chapter of relevance – harne
Yum! Brands, Inc. (NYSE:YUM) today announced the appointments of Brett Biggs, former Executive Vice President and Chief Financial Officer of Walmart Inc., and Susan Doniz, Chief Information Officer and Senior Vice President of Information Technology & Data Analytics of The Boeing Company, to its Board of Directors, effective August 10, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230719638288/en/YUM) today announced the appointments of Brett Biggs, former Executive Vice President and Chief Financial Officer of Walmart Inc., and Susan Doniz, Chief Information Officer and Senior Vice President of Information Technology & D
Holley Inc. (NYSE:HLLY), the leading platform serving performance automotive enthusiasts, today announced the appointment of Jesse Weaver as the Company's Chief Financial Officer. Mr. Weaver will succeed Stephen Trussell, who has served as the Company's Interim Chief Financial Officer since September 30, 2022. Mr. Trussell will continue as the Company's Vice President of Finance, a role he has held since 2009. Mr. Weaver, who has nearly 20 years of experience in finance, strategy, and data analytics, will serve as a member of the executive leadership team and report directly to President and Chief Executive Officer, Tom Tomlinson. Most recently, Mr. Weaver served as Senior Vice President o
Company Names Global Consumer Packaged Goods Veteran Aaron Powell as Pizza Hut Division CEO Yum! Brands, Inc. (NYSE:YUM) today 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. This press release features multimedia. View the full releas
Yum! Brands, Inc. (NYSE:YUM) Board of Directors declared a dividend of $0.67 per share of common stock. The quarterly dividend will be distributed December 13, 2024 to shareholders of record at the close of business on December 2, 2024. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 60,000 restaurants in more than 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-style food, and pizza categories, respectively. Habit Burger & Grill is a fast casual restaurant concept speciali
Introducing a Plush Product Line That Combines Cuddly Companions with KFC's Iconic Flavor, Exclusively at Build-A-Bear ST. LOUIS, Nov. 21, 2024 /PRNewswire/ -- Build-A-Bear Workshop (NYSE:BBW), the beloved global brand known for its heartwarming, memorable experiences, has teamed up with KFC®, the original fried chicken brand, for a finger lickin' good collaBEARation—available starting today. This tasty mashup of comfort plush and comfort food is playfully inspired by KFC's classic red-and-white striped bucket. Launching just in time to celebrate togetherness during the holid
Restaurant teams from 12 countries competed in Dubai to make the best Pan and Stuffed Crust pizzas PLANO, Texas , Nov. 20, 2024 /PRNewswire/ -- For the past four years, Pizza Hut has held a global competition in which team members from across the world compete to see who can make the best Pan and Stuffed Crust pizza. Last week, following an exciting battle between teams from 12 countries, Pizza Hut named the Bahrain team as the 2024 Global Pizza Hut Champion. The event highlights Pizza Hut's commitment to core menu excellence in terms of execution, taste and innovation –
The iconic pizza brand and one of its key pizza box suppliers want customers to know that pizza boxes can be recycled PLANO, Texas, Nov. 14, 2024 /PRNewswire/ -- Pizza Hut, LLC has partnered with Smurfit Westrock, one of the brand's primary pizza box suppliers, to raise awareness with customers in Louisville, Ky. that their pizza boxes can be recycled. While there can be confusion surrounding this topic, research conducted by Smurfit Westrock in recent years has proven that pizza boxes can in fact be recycled, grease and all, when infrastructure in local communities allows. In fact, it's estimated that nearly 75% of people in the U.S. have access to recycling for used pizza boxes in their lo
Taco Bell U.S. Same-Store Sales Growth +4%; KFC International Unit Growth +9% Digital Sales Mix Exceeding 50% Yum! Brands, Inc. (NYSE:YUM) today reported results for the third quarter ended September 30, 2024. Worldwide system sales, excluding foreign currency translation, grew 1% reflecting 5% unit growth. Third-quarter GAAP operating profit grew 1% and third-quarter core operating profit grew 3%. Third-quarter GAAP EPS was $1.35 and third-quarter EPS excluding Special Items was $1.37. Third-quarter EPS excluding Special Items reflects a $0.14 negative impact from a higher current year tax rate and lower investment income year-over-year. This press release features multimedia. View the fu
Elevate Your Gaming Experience with Warm Craveable, Handcrafted Pizza at Your Fingertips TORONTO, Oct. 28, 2024 /CNW/ - Get ready, gamers! Pizza Hut Canada is curing cold slices and cranking up the temperature on your gaming experience with the revolutionary PIZZA WRMR™! This game-changing console sleeve fuses the worlds of gaming, pizza, and cutting-edge science, ensuring slices stay warm while gamers immerse themselves in the action. Say goodbye to lukewarm pizza and hello to a whole new level of deliciousness, thanks to Pizza Hut Canada's PIZZA WRMR™. Game enthusiasts can n
Yum! Brands, Inc. (NYSE:YUM) will release its third quarter financial results on Tuesday, November 5, 2024 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 7:45 a.m. ET. The number is 833/470-1428 for U.S. callers, 833/950-0062 for Canada callers, and +1/929-526-1599 for all other international callers, conference ID 611638. The event will be webcast live and can be accessed through the Yum! Brands website at https://investors.yum.com/events-and-presentations. The Q&A session of this conference call is limited to analysts only. Members of the media may direct their questions to the contact number below. The call will be available for p
Introducing "Kentucky Fried Chicken Rain," inspired by the sound of New KFC Original Recipe® Tenders, available on Hatch Restore 2 smart sleep devices LOUISVILLE, Ky., Oct. 22, 2024 /PRNewswire/ -- Did you ever think you'd use the expression, "I could just cozy up to the sound of fried chicken?" Well, from ASMR social media channels to film and television production set rumors, the internet has recently unearthed the humorous phenomenon that the sound of cooking fried chicken sounds almost identical to the soothing, sleep-inducing sound of rain falling. To further investigate
For the First Time Ever, For A Limited Time Pizza Lovers Can Now Book a Reservation at Their Own Personal Pan Pizza Hut to Create a Personal Pan Pizza® Featuring Pizza Hut's Newest, Modern Toppings PLANO, Texas, Oct. 16, 2024 /PRNewswire/ -- Today, Pizza Hut celebrates National Pizza Month by announcing the Personal Pan Pizza Hut. Inspired by its iconic Personal Pan Pizza®, a 6-inch pizza for one, the new exploratory concept is created exclusively for pizza lovers seeking experiences designed the same way they like their pizza: customized. Exclusively serving the Personal Pan Pizza, guests can enjoy a personalized experience, choosing from Pizza Hut's exciting lineup of new toppings, introd
$5 Original Recipe Tenders Box* Rolls Out Nationwide and KFC Gives a Free Taste of the New Tenders to Lucky Onlookers on Competitors' Turf LOUISVILLE, Ky., Oct. 14, 2024 /PRNewswire/ -- The chicken wars began five years ago with the chicken sandwich, but that's old news. Today, the chicken tenders battle begins as KFC introduces new Original Recipe® Tenders – a tender so juicy, so crispy and so packed with flavor. KFC's new Original Recipe Tenders are not like other chicken tenders – they are double hand-breaded, using KFC's legendary secret blend of 11 herbs and spices and fried to golden perfection.
Stifel analyst Chris O'Cull maintains Yum Brands (NYSE:YUM) with a Hold and lowers the price target from $135 to $130.
Morgan Stanley analyst John Glass maintains Yum Brands (NYSE:YUM) with a Overweight and lowers the price target from $155 to $153.
Deutsche Bank analyst Lauren Silberman maintains Yum Brands (NYSE:YUM) with a Hold and lowers the price target from $148 to $143.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Evercore ISI Group analyst David Palmer downgraded Starbucks Corporation (NASDAQ:SBUX) from Outperform to In-Line, while cutting the price target from $92 to $80. Starbucks shares fell 2.8% to settle at $72.75 on Monday. See how other analysts view this stock. See how other analysts view this stock. Piper Sandler analyst Peter Keith downgraded the rating for Dollar Tree, Inc. (NASDAQ:DLTR) from Overweight to Neutral, while lowering the price target from $143 to $112. Dollar Tree shares
Evercore ISI Group analyst Matt McGinley downgrades Yum Brands (NYSE:YUM) from Outperform to In-Line and lowers the price target from $160 to $145.
VeeCon will bring the best of business, pop culture and Web3 in a multi-day conference hosted by serial entrepreneur and VeeFriends founder Gary Vaynerchuk (aka Gary Vee) for a third straight year. Here's the latest on the event, including the newly announced speakers added to the star-studded lineup. New Speakers: For VeeCon 2024, the speakers and topics are said to focus on five core themes: business, marketing, technology, innovation and popular culture. Those topics are evident with the latest announced speakers listed below. Adam Richman: TV Host Ali Sabet: Artist Amber Venz Box: Internet Personality, Co-founder LTK Anwar Carrots: Founder Carrots by Anwar Carrots
Inflation has been painful for American consumers. Several United States fast-food joints have unveiled discounted meal deals in contrast to rapidly rising prices. Here are the meal deals released by the largest food giants in the U.S. McDonald’s Corp (NYSE:MCD) announced a $5 meal deal on June 20. America’s largest fast food chain is offering the deal nationwide. The offer includes a McDouble cheeseburger, small fries, four-piece chicken nuggets, and a small soft drink. A la carte, the items would total approximately $10. The limited-time offer provides a large, 50% discount (Note: prices vary by location). Price increases at the Golden Arches have far outpaced increases at rival fas
TD Cowen analyst Andrew Charles reiterates Yum Brands (NYSE:YUM) with a Buy and maintains $156 price target.
Restaurant stocks have seen mixed results in 2024, but Goldman Sachs analyst Christine Cho is encouraged by many prominent brands amid today’s price tailwind environment. The Fast Food Analyst: Cho initiated ratings for the following fast food stocks: Wendy’s Co (NASDAQ:WEN) with a Sell rating and price target of $16. Chipotle Mexican Grill, Inc (NYSE:CMG) with a Buy rating and price target of $3,730. Domino’s Pizza Inc (NYSE:DPZ) with a Buy rating and price target of $612. Restaurant Brands International Inc (NYSE:QSR) with a Buy rating and price target of $80. Starbucks Corp (NASDAQ:SBUX) with a Buy rating and price target of $100. Sweetgreen Inc (NYSE:SG) with a Buy
Goldman Sachs analyst Christine Cho initiates coverage on Yum Brands (NYSE:YUM) with a Neutral rating and announces Price Target of $150.
Yum! Brands, Inc. (NYSE:YUM) Board of Directors declared a dividend of $0.67 per share of common stock. The quarterly dividend will be distributed December 13, 2024 to shareholders of record at the close of business on December 2, 2024. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 60,000 restaurants in more than 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-style food, and pizza categories, respectively. Habit Burger & Grill is a fast casual restaurant concept speciali
Taco Bell U.S. Same-Store Sales Growth +4%; KFC International Unit Growth +9% Digital Sales Mix Exceeding 50% Yum! Brands, Inc. (NYSE:YUM) today reported results for the third quarter ended September 30, 2024. Worldwide system sales, excluding foreign currency translation, grew 1% reflecting 5% unit growth. Third-quarter GAAP operating profit grew 1% and third-quarter core operating profit grew 3%. Third-quarter GAAP EPS was $1.35 and third-quarter EPS excluding Special Items was $1.37. Third-quarter EPS excluding Special Items reflects a $0.14 negative impact from a higher current year tax rate and lower investment income year-over-year. This press release features multimedia. View the fu
Yum! Brands, Inc. (NYSE:YUM) will release its third quarter financial results on Tuesday, November 5, 2024 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 7:45 a.m. ET. The number is 833/470-1428 for U.S. callers, 833/950-0062 for Canada callers, and +1/929-526-1599 for all other international callers, conference ID 611638. The event will be webcast live and can be accessed through the Yum! Brands website at https://investors.yum.com/events-and-presentations. The Q&A session of this conference call is limited to analysts only. Members of the media may direct their questions to the contact number below. The call will be available for p
Yum! Brands, Inc. (NYSE:YUM) Board of Directors declared a dividend of $0.67 per share of common stock. The quarterly dividend will be distributed September 6, 2024 to shareholders of record at the close of business on August 27, 2024. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 59,000 restaurants in more than 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and the Habit Burger Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-style food, and pizza categories, respectively. The Habit Burger Grill is a fast casual restaurant concept speci
+6% GAAP Operating Profit Growth and +10% Core Operating Profit Growth Taco Bell Same-Store Sales Growth +5%; KFC Unit Growth +8% Yum! Brands, Inc. (NYSE:YUM) today reported results for the second-quarter ended June 30, 2024. Worldwide system sales, excluding foreign currency translation, grew 3% including a 1% same-store sales decline. Second-quarter GAAP operating profit grew 6% and second-quarter core operating profit grew 10%. Second-quarter GAAP EPS was $1.28 and second-quarter EPS excluding Special Items was $1.35. Our year-over-year EPS excluding Special Items results reflect a $0.20 negative impact from a higher current year tax rate and lower investment income. Foreign currency t
Yum! Brands, Inc. (NYSE:YUM) will release its second quarter financial results on Tuesday, August 6, 2024 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 8:15 a.m. ET. The number is 833/470-1428 for U.S. callers, 833/950-0062 for Canada callers, and 929/526-1599 for all other international callers, conference ID 125949. The event will be webcast live and can be accessed through the Yum! Brands website at https://investors.yum.com/events-and-presentations. The Q&A session of this conference call is limited to analysts only. Members of the media may direct their questions to the contact number below. The call will be available for pla
Yum! Brands, Inc. (NYSE:YUM) Board of Directors declared a dividend of $0.67 per share of common stock. The quarterly dividend will be distributed June 7, 2024 to shareholders of record at the close of business on May 28, 2024. Yum's Board of Directors also approved a new share repurchase authorization which authorizes repurchases of up to $2.0 billion in shares of common stock from July 1, 2024, through December 31, 2026. The prior outstanding authorization approved in September 2022 expires on June 30, 2024. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 59,000 restaurants in more than 155 countries and territories under th
KFC International +10% Unit Growth; Taco Bell U.S. SSSG +2%; Record Digital System Sales Mix of Over 50% Yum! Brands, Inc. (NYSE:YUM) today reported results for the first quarter ended March 31, 2024. Worldwide system sales, excluding foreign currency translation, grew 2%, with 6% unit growth and a 3% same-store sales decline. First-quarter GAAP operating profit declined 1% and first-quarter core operating profit grew 6%. First-quarter GAAP EPS was $1.10 and first-quarter EPS excluding Special Items was $1.15. First-quarter EPS includes negative after-tax impacts of $0.08 from investment losses and $0.03 from foreign currency translation. This press release features multimedia. View th
Yum! Brands, Inc. (NYSE:YUM) will release its first quarter financial results on Wednesday, May 1, 2024 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 8:15 a.m. ET. The number is 833/470-1428 for U.S. callers, 833/950-0062 for Canada callers, and 929/526-1599 for all other international callers, conference ID 268136. The event will be webcast live and can be accessed through the Yum! Brands website at https://investors.yum.com/events-and-presentations. The Q&A session of this conference call is limited to analysts only. Members of the media may direct their questions to the contact number below. The call will be available for playb
Industry Record Full-Year 4,754 Gross Unit Openings Translating to 6% Unit Growth Full-Year System Sales Grew 10% with 22% Digital Sales Growth Yum! Brands, Inc. (NYSE:YUM) today reported results for the fourth quarter and year ended December 31, 2023. Fourth-quarter worldwide system sales, excluding foreign currency translation, grew 5%, with 6% unit growth and 1% same-store sales growth. Full-year worldwide system sales, excluding foreign currency translation, grew 10%, with 6% unit growth and 6% same-store sales growth. Full-year GAAP Operating Profit growth was 6%. Full-year Core Operating Profit growth was 12%. Fourth-quarter GAAP EPS was $1.62 and EPS excluding Special Items was $