Yum Brands Stock Price, News & Analysis

Pizza Hut has promoted David Graves to President of Pizza Hut U.S., effective January 1, 2022. Graves, previously General Manager, succeeds Kevin Hochman, who will resume leadership of KFC U.S. Under Graves, Pizza Hut aims to enhance same-store sales and franchise performance. Company CEO David Gibbs expressed confidence in Graves' ability to drive success as Pizza Hut revitalizes its brand.

Pizza Hut and its franchisees are aiming to hire 40,000 new permanent team members by the end of 2021, focusing primarily on cook and driver roles to meet increased demand for contactless delivery and pickups. To promote its brand and culture, Pizza Hut will host a free virtual conference on Sept. 29, featuring industry speakers and opportunities for career advancement. Employees benefit from educational programs and clear career paths. Despite labor market challenges, Pizza Hut emphasizes its growth and commitment to delivering quality pizza.

Yum! Brands, Inc. (NYSE: YUM) has announced the promotion of Sabir Sami to KFC Division CEO, effective January 1, 2022. Sami, a 12-year veteran and currently COO of KFC Asia, will succeed retiring CEO Tony Lowings. Additionally, Dyke Shipp is promoted to KFC Division President, reporting to Sami. This leadership change aims to enhance brand strategy for KFC, which operates over 25,000 restaurants worldwide and generated over $26 billion in system sales as of 2020.

Yum! Brands, Inc. (NYSE: YUM) has successfully completed its acquisition of Dragontail Systems Limited for approximately A$93.5 million at A$0.235 per share. This all-cash deal enhances Yum!'s global order management and delivery capabilities through Dragontail's AI-based technology that optimizes food preparation, delivery routing, and consumer tracking. The acquisition, expected to have an immaterial impact on 2021 results, marks Yum!'s third tech acquisition this year, underscoring its commitment to digital strategy and franchisee support.

Yum! Brands, Inc. (NYSE: YUM), headquartered in Louisville, Kentucky, announced that CEO David Gibbs will speak at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on September 13, 2021, at 11:00 a.m. ET. The event will be accessible via a live webcast on the Yum! Brands investor relations website. Yum! Brands operates over 51,000 restaurants globally, including KFC, Pizza Hut, and Taco Bell, and has been recognized for its gender equality and sustainability efforts.

Yum! Brands has appointed Aaron Powell as CEO of its Pizza Hut Division, effective September 20. Powell, a veteran in consumer packaged goods, previously served as President at Kimberly-Clark for the Asia-Pacific region. His extensive experience in business-to-business operations and consumer markets positions him to strengthen Pizza Hut's growth and franchise performance. The leadership change aims to enhance best practices and sustain the brand's momentum both in the U.S. and internationally, as stated by CEO David Gibbs.

Pizza Hut announces the return of its popular Detroit-Style pizza starting August 25, 2021, with early access for Hut Rewards members from August 24. This fan-favorite, characterized by its caramelized crust and customizable topping options, sold out in its initial launch due to high demand, achieving the best quarterly sales for Pizza Hut in a decade. Customers can choose from three classic recipes or create their own with up to five toppings. The pizza is available for delivery, carryout, and new digital order pick-up.

Under Armour announced the appointment of David Gibbs to its Board of Directors, effective September 1, 2021. Currently CEO of Yum! Brands, Gibbs brings extensive experience in global brand management and consumer focus, which Under Armour aims to leverage for growth. Executive Chairman Kevin Plank expressed enthusiasm about Gibbs' potential contributions to the company's ongoing transformation and growth strategy. Gibbs joins Under Armour after a successful tenure at Yum!, where he played a crucial role in its financial and operational strategies.

Yum! Brands, Inc. (NYSE: YUM) has announced a quarterly dividend of $0.50 per share, set for distribution on September 10, 2021. Shareholders of record as of August 27, 2021 will receive this dividend. The company, based in Louisville, Kentucky, operates over 51,000 restaurants across more than 150 countries, featuring brands like KFC, Pizza Hut, and Taco Bell. Yum! was recognized in the 2021 Bloomberg Gender-Equality Index and has been previously included in the Dow Jones Sustainability Index for North America.