Welcome to our dedicated page for Yum Brands news (Ticker: YUM), a resource for investors and traders seeking the latest updates and insights on Yum Brands stock.
News and press releases about Yum! Brands, Inc. (NYSE: YUM) highlight developments across its portfolio of KFC, Taco Bell, Pizza Hut and Habit Burger & Grill restaurants. The company and its subsidiaries regularly issue updates on menu promotions, seasonal offerings, marketing collaborations, financial results and corporate initiatives that affect the global system of over 62,000 restaurants in more than 155 countries and territories.
Recent announcements from Yum! Brands and its concepts include detailed campaigns from KFC and Pizza Hut, such as new value lineups, limited-time bundles and holiday-themed promotions. These releases describe how brands like KFC and Pizza Hut introduce offerings tied to occasions such as New Year’s Eve, the holiday season and the start of the year, often emphasizing comfort, value and themed packaging or merchandise. Taco Bell and Habit Burger & Grill are also covered in divisional performance updates and broader corporate communications.
Yum! Brands also publishes corporate news from its Louisville, Kentucky base, including quarterly earnings results, dividend declarations and strategic updates. For example, the company has reported third-quarter financial results, system sales trends by division and the initiation of a review of strategic options for the Pizza Hut brand. In addition, Yum! Brands has released a food trends report through its internal strategy agency, Collider Lab, describing cultural and consumer shifts in dining and how people use food experiences.
Investors and followers of YUM news can use this page to review company-issued information on promotions at KFC, Taco Bell, Pizza Hut and Habit Burger & Grill, as well as financial and governance disclosures from Yum! Brands, Inc. Bookmark this feed to access a consolidated view of brand-level campaigns, corporate strategy updates and other official communications related to the Yum! system.
Yum! Brands' KFC, along with Starbucks, Dunkin' Donuts, and other major food chains, are participating in a three-month reusable cup pilot program in Petaluma, California. The initiative, involving 30 businesses, aims to test consumer acceptance and operational feasibility of reusable beverage containers. Participants have agreed to use standardized purple cups instead of their branded single-use options, making reusable the default choice. The trial, ending October 28, will collect data on return rates, patterns, and operational challenges. Over 60 return bins have been placed across the city for cup collection. This collaborative effort aligns with the brands' packaging sustainability goals, without affecting beverage pricing.
The Pizza Hut Foundation is accepting applications for its 2024 Scholarship Program until September 3. The program aims to support individuals aged 17-26 who demonstrate financial need, strong leadership, and community involvement. Eligible applicants must be enrolled in higher education for Spring 2025 and reside in the United States, Guam, or the District of Columbia. This initiative, sponsored by Yum! Brands (YUM), showcases the company's commitment to education and community support. Interested candidates are encouraged to apply promptly through the provided link.
Pizza Hut has launched the Moving Box Table, a specialty pizza box that transforms into a miniature table, addressing the common issue of eating pizza on the floor during moving day. This innovative solution comes after a survey revealed that 87% of Americans order pizza during a move, with 79% admitting to eating it on the floor.
The Moving Box Table features a red checkered corrugated structure that easily folds into a sturdy base, supporting the pizza box as a tabletop. It's available complimentary with orders of a large menu-priced pizza in select Pizza Hut restaurants in Dallas, Charlotte, and Orlando, starting August 27, 2024. This -edition offer is available while supplies last and for carryout orders only.
Yum! Brands has partnered with Evolve502 through its Unlocking Opportunity Initiative to provide tuition-free education and career readiness opportunities for Kentucky's teens. This collaboration aims to transform lives and create a brighter future for students in the state. The initiative is part of Yum!'s commitment to corporate social responsibility and community development. While specific details about the program's scope, funding, or expected impact are not provided in the press release, the partnership highlights Yum!'s efforts to support education and workforce development in its home state of Kentucky.
Monica Pool, Chief Marketing Officer at KFC U.K. & Ireland, shares her career journey in Yum! Brands' #HowIGotHere series. With a background in finance and economics, Monica's career spans from selling umbrella hats to leading marketing teams at KFC and Taco Bell. Her experiences growing up in apartheid South Africa and moving to London have shaped her leadership style, emphasizing connection, creativity, and inclusivity. Monica values work-life balance through meditation and finds joy in small moments. She credits Yum! culture for fostering heart-led leadership and allowing her to bring her authentic self to work. As CMO, Monica focuses on coaching her team and partnering with leadership to set brand ambitions and strategic choices for KFC's growth and relevance.
The Taco Bell Foundation and Ashoka have announced the winner of their second Ambition Accelerator Summit. Victoria Lamar, a 24-year-old changemaker, received a $25,000 social impact grant for her initiative, Securing Degrees. This national scholarship coaching platform has helped over 4,000 families secure $20 million in scholarships since 2018.
The summit, held at Taco Bell's headquarters in Irvine, California, invited 50 top changemakers from over 370 applicants. Each semi-finalist received $1,000 in seed funding, with five finalists competing in a pitch competition. The other four finalists were awarded an additional $5,000 each.
The Ambition Accelerator program, funded by Yum! Brand's $100 million Unlocking Opportunity Initiative, aims to create pathways for a more equitable and inclusive society. An inaugural Ambition Accelerator India Summit is scheduled for September in Bengaluru.
Yum! Brands continues its #LifeatYUM series, showcasing the company's culture and talent. The spotlight is on Sara Kamal, an attorney for Yum!'s Digital and Technology legal team. Sara works with product teams, providing legal expertise for various technologies used by the business and franchisees. Her role involves problem-solving for legal considerations across the Yum! ecosystem.
Sara's career at Yum! has grown significantly, including leading new project initiatives and taking a leadership role in a women's employee resource group. She recently participated in a Women in Law podcast, sharing her legal expertise and discussing how her problem-solving skills led her to Yum!. This spotlight demonstrates Yum!'s commitment to highlighting diverse talent and fostering a supportive work environment.
Yum! Brands, Inc. (NYSE: YUM) has declared a quarterly dividend of $0.67 per share of common stock, payable on September 6, 2024 to shareholders of record as of August 27, 2024. The company, headquartered in Louisville, Kentucky, operates over 59,000 restaurants across more than 155 countries under its brands KFC, Taco Bell, Pizza Hut, and The Habit Burger Grill. Yum! Brands has received notable recognition in 2024, including its eighth consecutive inclusion in the Dow Jones Sustainability Index North America and listings in TIME Magazine's Best Companies for Future Leaders and Newsweek's America's Most Responsible Companies.
Taco Bell International, with over 1,100 restaurants in 31 countries outside the US, is launching "The Summer of International" campaign to showcase its global expansion and employee experiences. Daniel F., Director of Technology for Taco Bell International, is featured as an example of the company's global reach and employee growth opportunities. Daniel's journey includes working on consumer experiences and living in Singapore for a year before taking on his current role, which involves traveling worldwide to support the brand's technological growth.
This initiative highlights Taco Bell's commitment to cultural relevance, innovation, and global brand building. The campaign will share personal stories, international adventures, and career growth experiences of Taco Bell's international team members, demonstrating the company's "Restless Creativity" spirit in expanding its global presence.
The KFC Foundation is awarding $1 million in grants to 100 community-based non-profit organizations this year. In the current cycle, $260,000 will fund projects aimed at improving health and well-being across 19 different states. Notable recipients include:
1. Count Basie Center for the Arts (NJ): Establishing a barrier-free dance studio
2. Neighbor Up Brevard (FL): Installing a new playground and refurbishing a basketball court
3. Treehouse Therapies (OR): Transforming a small farm into a pediatric therapy clinic
4. Turnstone Center (IN): Renovating an adaptive playground and creating an outdoor learning classroom
The next grant cycle, focusing on caring for the environment and animals, will run from September 16-30. Non-profit organizations can apply at kfcfoundation.org/wishes.
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