Yum Brands Stock Price, News & Analysis

Build-A-Bear Workshop (NYSE: BBW) has launched a -edition collection in collaboration with KFC, combining plush toys with KFC's iconic branding. The collection, available exclusively at Build-A-Bear workshops and online, features themed items including a KFC Bucket Costume, a KFC Plush Chicken Wristie, and KFC Pajama Outfit. The collaboration aims to celebrate togetherness during the holiday season, merging Build-A-Bear's interactive experience with KFC's comfort food tradition.

Pizza Hut held its annual global pizza-making competition in Dubai, where teams from 12 countries competed to make the best Pan and Stuffed Crust pizzas. The Bahrain team was crowned the 2024 Global Pizza Hut Champion, winning a 'Global Gold Pan' trophy and a $3,000 cash prize. The competition, featuring restaurant general managers and team members from across Pizza Hut's 110-country network, tested participants' speed, precision, and cutting techniques. Additionally, the event included a 'Make Table Magic' innovation contest, won by Korea's Dakgalbi Pizza, and a 'Winning Recipe' cheer competition.

Pizza Hut launches its first-ever Tomato Wine, a -edition beverage crafted from ripe tomatoes and infused with basil, in partnership with Irvine's Just Beyond Paradise Winery. The wine, priced at $25 (minimum two bottles), is available alongside a gift set ($60) including branded wine glasses and opener.

Simultaneously, Pizza Hut reintroduces its Triple Treat Box starting at $19.99, featuring two medium one-topping pizzas, breadsticks or cheese sticks, and dessert in a holiday-themed box. Both offerings aim to enhance holiday gatherings and provide unique gifting options.

Pizza Hut has partnered with Smurfit Westrock to promote pizza box recycling awareness in Louisville, Kentucky. Research shows that pizza boxes, including those with grease, are recyclable where infrastructure permits, with approximately 75% of U.S. residents having access to pizza box recycling. The company's boxes contain at least 35% recycled content, and they're working to educate consumers about recycling possibilities. With over 3 billion pizza boxes consumed annually in the U.S., this initiative aims to improve packaging circularity through collaboration between consumers, manufacturers, brands, and communities.

Yum! Brands (NYSE: YUM) reported Q3 2024 results with worldwide system sales growing 1% and unit growth of 5%. Taco Bell U.S. achieved 4% same-store sales growth, while KFC International expanded units by 9%. Third-quarter GAAP EPS was $1.35, while EPS excluding Special Items was $1.37. Digital sales exceeded $8 billion, representing over 50% of total sales. The company opened 1,029 gross new units across its brands, with KFC Division opening 685 restaurants across 65 countries. However, same-store sales declined 4% at KFC and Pizza Hut, while Taco Bell maintained positive growth.

Yum! Brands (NYSE: YUM) has scheduled its Q3 2024 earnings release for Tuesday, November 5, 2024, at 7:00 a.m. ET, followed by a conference call at 7:45 a.m. ET. The company operates over 60,000 restaurants across more than 155 countries under the KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill brands. The earnings call will be accessible via webcast and telephone, with playback available through November 12, 2024. The Q&A session will be to analysts only.

KFC and Hatch have partnered to create a unique sleep-inducing sound called 'Kentucky Fried Chicken Rain', inspired by the similarity between frying chicken and rainfall. This custom sound is now available on Hatch Restore 2 smart sleep devices with a Hatch+ premium content subscription, as well as on YouTube and Spotify.

The collaboration includes:

• A new content channel on Hatch+ featuring the sound of frying KFC's new Original Recipe® Tenders
• Behind-the-scenes content from Hatch's visit to KFC's test kitchen
• Co-branded products, including a Hatch x KFC Sleep Shirt
• Special discount on Hatch Restore 2 devices for KFC Rewards members

KFC also introduced its new Original Recipe® Tenders nationwide on Oct. 14, offering a $5 meal deal with three tenders, fries, and two signature sauces.

Pizza Hut is launching the 'Personal Pan Pizza Hut', a new -time restaurant experience exclusively serving personalized Personal Pan Pizzas. This concept allows guests to customize their 6-inch pizzas with Pizza Hut's newest modern toppings, including Pesto Swirl, Spicy Sauce, Chicken Sausage, Fresh Diced Garlic, and Caramelized Onion. The Personal Pan Pizza Hut will be open for two days only in the New York City area on October 22-23, 2024.

Reservations can be made starting October 17 at 12pm ET through a provided link. The initiative celebrates National Pizza Month and showcases Pizza Hut's biggest toppings transformation in over a decade. This unique dining experience aims to blend fan-favorite Pizza Hut designs with a modern twist, allowing guests to be the star of their own personal pizza journey.

KFC has launched new Original Recipe® Tenders, double hand-breaded with their secret blend of 11 herbs and spices. The company is offering a $5 Original Recipe Tenders Box nationwide, which includes three tenders, Secret Recipe Fries, and two signature sauces. KFC has introduced a new Comeback Sauce alongside existing Sticky Chicky and KFC® Sauce options.

To promote the new tenders, KFC is running an ad campaign and offering free samples in select cities. The company is also introducing Cherry Pie Poppers and Cranberry Lemonade as new menu items. Additional deals include a Tenders + Nuggets Family Meal Deal for $24.99 and a 13-day promotion with daily deals for KFC Rewards members from October 19 to October 31.