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The Latest Breaking News from Yum Brands

Yum Bets Big On AI As It Attempts To Move To 100% Digital Sales

Yum Brand is betting big on artificial intelligence to as it hopes to move 100% of its sales to digital.

International Business Times

Taco Bell Value Meals Drive Sales As Yum Brands Reports Earnings

Yum Brands reported strong fourth-quarter and full-year results, fueled by Taco Bell's value-driven menu.

International Business Times

Stock Index Futures Gain With U.S. Presidential Election in Focus, Economic Data and Earnings on Tap

December S&P 500 E-Mini futures (ESZ24) are up +0.21%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.27% this morning as investors braced for the closely contested U.S. presidential election, while also awaiting a new round of economic data and corporate earnings reports.

Barchart

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E. coli Outbreak: Fast-Food Chains Pull Onions After McDonald's Identifies Taylor Farms As Supplier

On Thursday, Burger King's parent company, Restaurant Brands International, along with Yum Brands, the owner of KFC, Pizza Hut, and Taco Bell, announced the removal of fresh onions from their menu items due to a deadly E. coli outbreak.

Latin Times

McDonald's E. coli Outbreak: Fast-Food Chains Pull Onions After Taylor Farms Identified As Supplier

Burger King, KFC, Pizza Hut and Taco Bell have removed fresh onions from their menu due to a deadly E. coli outbreak.

International Business Times

McDonald's says onions from California grower linked to deadly E. coli outbreak

A California produce grower is the source of fresh onions linked to a deadly E

The Independent UK

What You Need to Know Ahead of Yum! Brands' Earnings Release

Yum! Brands is expected to release its third-quarter earnings next month, and analysts expect a single-digit drop in earnings.

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McDonald’s largest french fry maker lays off hundreds as Americans turn away from fries

Lamb Weston, North America’s biggest french fry producer, counts McDonald’s and Yum Brands among its customers.

Fortune

How Starbucks’ new CEO Brian Niccol went from fast-food Frankenstein to Chipotle’s redeemer

Niccol helped create Taco Bell’s mega-viral Doritos Locos Taco before leading Chipotle’s food safety crisis turnaround.

Fortune

Yum! Brands Stock: Is Wall Street Bullish or Bearish?

Yum! Brands have significantly underperformed the broader market over the past year, and Wall Street analysts are moderately optimistic about the stock’s prospects.

Barchart

Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike

The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it

The Independent UK

Taco Bell introduces AI to drive-thrus

The fast food chain has been testing the new ordering system in 100 stores across 13 states

Salon

A Taco Bell AI is either the best idea of the 21st century or one that's going to make you question your choices

Taco Bell will install AI to run its drive-thrus at hundreds of locations.

TechRadar

Taco Bell To Roll Out AI Drive Thrus In Multiple Locations By End Of 2024

Yum Brands has announced that it plans to expand the rollout of artificial intelligence technology in the U.S. as part of its global strategy.

International Business Times

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The Independent UK

Yo Quiero AI? Taco Bell set to roll out automated drive-thru ordering at many restaurants

Taco Bell aims to complete its expansion by the end of the year.

Fortune

Taco Bell is bringing AI order-takers to hundreds of drive-thrus nationwide

Move comes just a month after McDonald’s pulled back on the practice.

Barchart

Is McDonald's Stock Underperforming the Nasdaq?

Despite McDonald's recent underperformance compared to the Nasdaq 100, Wall Street analysts remain cautiously optimistic about the stock's prospects.

Fortune

Former Yum Brands CEO: How active learning took me from 30 trailer parks to the helm of a $32 billion global corporation

David Novak developed the "vital discipline of learning from anybody, any experience, and any new environment that had something valuable to offer."

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Top News

Yum Brands Reports Drop In Global Same-Store Sales

Yum Brands faces global sales decline at KFC due to changing consumer preferences and increased competition.

Fortune

The CEO behind nearly 10,000 KFCs in China explains the country’s consumption slump: A 'psychological' consequence of COVID-zero

“We can understand why people became rather cautious and rational with their spending,” Yum China CEO Joey Wat said at the Fortune Global Forum in Abu Dhabi.

TechRadar

Data stolen after ransomware attack on Yum! Brands

Names and driver's license numbers were among the data stolen in a January ransomware attack.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For August 17, 2022

Benzinga

Here's How Much You Would Have Made Owning Yum Brands Stock In The Last 15 Years

Yum Brands (NYSE:YUM) has outperformed the market over the past 15 years by 4.7% on an annualized basis producing an average annual return of 10.9%. Currently, Yum Brands has a market capitalization of $33.24 billion.

The Guardian - US

‘How are we supposed to live?’: fast-food workers squeezed by inflation

Workers at big chains struggle to make ends meet as prices increase but their wages have not

Benzinga

$100 Invested In Yum Brands 20 Years Ago Would Be Worth This Much Today

Yum Brands (NYSE:YUM) has outperformed the market over the past 20 years by 5.32% on an annualized basis producing an average annual return of 12.15%. Currently, Yum Brands has a market capitalization of $31.11 billion.

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