Tuesday May 10, 2022, 07:00:00
By Mark Kalinowski
KFC Europe looks like it is in the beginning stages of rolling out multiple plant-based “chicken” menu items to thousands of its restaurants there. The rollout appears to include chicken sandwiches, chicken tenders, chicken buckets, and chicken wraps (Twisters).
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Wednesday May 4, 2022, 09:23:57
By Mark Kalinowski
Earlier today, Yum Brands reported adjusted Q1 EPS of $1.05. This was two cents above our $1.03 forecast, but two cents below sell-side consensus (according to Consensus Metrix) of $1.07.
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Monday March 14, 2022, 13:13:41
By Mark Kalinowski
Earlier today, master franchisee Yum China (YUMC; Not Rated) provided a business update in which it said that while its same-store sales were down by about -4% over January/February, they had “decreased approximately -20% year-over-year for the first two weeks of March” and were “still trending down in recent days.”
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