Sentences with phrase «la yum»

The results also contrasted stronger - than - expected quarterly sales from McDonald's and Domino's over the past week, indicating that Louisville, Kentucky - based Yum may have lost market share to rivals.

Yum China also owns the Little Sheep and East Dawning concepts outright.

Still, sales growth at its parent company Yum Brands was weaker than expected, hurt by a chicken shortage at KFC chain restaurants in the U.K. and Ireland.

We will continue to invest in digital and delivery, which we believe will drive long - term growth,» remarked Jacky Lo, CFO of Yum China.

The webcast and the playback can be accessed via the internet by visiting the Yum China Holdings, Inc. website, http://ir.yumchina.com

Completed the acquisition of an additional 36 % equity interest in an unconsolidated affiliate that operates KFC stores in Wuxi, China («Wuxi KFC»), for cash consideration of approximately $ 98 million, bringing Yum China's equity interest in Wuxi KFC to 83 %.

Yum China Holdings, Inc. will host a conference call to review the Company's financial performance and strategies at 8:00 p.m. US Eastern Time on Tuesday, May 1, 2018 (8:00 a.m. Beijing / HK time on Wednesday, May 2, 2018).

Yum was forced to shut hundreds of British KFC outlets in February due to a shortage of chicken resulting from the abrupt change of a supplier.

Forward - looking statements include, without limitation, statements regarding the future business plans, earnings and performance of Yum China, anticipated effects of population and macroeconomic trends, statements regarding the capital structure of Yum China, and beliefs regarding the long - term drivers of Yum China's business.

Overall revenue at Yum fell 3 percent to $ 1.37 billion but topped estimates of $ 1.09 billion, thanks to stronger sales at Taco Bell.

Competition between restaurants has intensified as Yum, McDonald's Corp and Domino's Pizza Inc pull out all the stops to lure diners with dollar menus, discounts and new breakfast items as consumers increasingly spend less on processed food and eating out.

On a conference call with analysts, Yum executives said KFC would have recorded a 3 percent growth in same - restaurant sales had it not been for supply chain issues in the United Kingdom.

Yum China Holdings, Inc. is a licensee of Yum!

On its 20th anniversary, Yum!

Special Items are not allocated to any segment and therefore only impact reported GAAP results of Yum China.

May 2 (Reuters)- Yum Brands Inc's sales at established outlets rose at just half the pace expected by Wall Street, as its KFC and Pizza Hut chains struggled to attract enough diners in a fiercely competitive restaurant industry.

A copy of the presentation will be available on the Yum China Holdings, Inc. website, http://ir.yumchina.com

We believe our focus on food innovation and customer experience, together with the execution of strategic priorities in digital and delivery, has enabled us, and will continue to enable us, to build a stronger Yum China,» said Joey Wat, CEO of Yum China.

Yum shares fell 5 percent in premarket trading on Wednesday after results showed sales at restaurants open at least a year rose 1 percent in the three months ended March 31, compared with the 2 percent expected by analysts, according to Thomson Reuters I / B / E / S.

On a conference call with analysts, Yum executives said KFC would have recorded a 3 percent growth in same - restaurant sales had it not been for a serious supply snafu in the United Kingdom, where it has 871 restaurants.

Yum was forced to shut hundreds of British KFC outlets in February after a supplier change led to shortages of everything from chicken to gravy.

May 2 (Reuters)- Yum Brands Inc's sales at established restaurants rose at just half the pace expected by Wall Street, after a chicken supply shortage hammered sales at KFC in the UK and Pizza Hut struggled in China.

Sales at Yum restaurants open at least a year rose 1 percent in the three months ended March 31, compared with the 2 percent expected by analysts, according to Thomson Reuters I / B / E / S.

Roughly 1,500 Taco Bell locations already offer delivery, Yum Brands said in a call with investors on Wednesday.

Yum Brands — The parent of KFC, Pizza Hut, and Taco Bell came in 22 cents a share above estimates, with quarterly earnings of 90 cents per share.

She also created the Yum - bassador program which gives you free shipping on your first Yummy Yammy order on Amazon.com.

The results contrasted with stronger - than - expected global quarterly sales from McDonald's Corp and Domino's Pizza Inc, indicating that Louisville, Kentucky - based Yum may have lost market share during the quarter.

Shares in Yum closed nearly 2 percent up at $ 80.55 on Wednesday.

The potential investment comes after a difficult few years for Yum in China, its biggest market by sales, where a series of food - safety scandals and management mis - steps has dented its reputation with diners.

Yum Brands felt the full effect of those risks in December, when Chinese food safety agencies launched a probe of the company's supply chain after excess levels of antibiotics were found in chicken from two suppliers.

Pizza Hut, which is owned along with KFC and Taco Bell by Yum Brands, has suffered eight straight quarters of same - store sales declines.

Yum China, under new boss Micky Pant, is facing a cocktail of challenges in China: a slowing fast - food market, the rise of food delivery apps creating an online price war, and a lack of local franchise partners.

Yum China will list on the New York Stock Exchange, and possibly in Hong Kong.

Yum appeared to be intent on selling a 19.9 percent stake to avoid a big tax bill, the Journal said.

Yum was not fined, but the probe sparked a widespread backlash in Chinese media and on social media sites.

«We continue to make good progress since we announced the transaction separating Yum and Yum China,» a Yumspokesperson said by email.

Yum China earned $ 1 billion before taxes, interest, depreciation and amortization (EBITDA) last year.

But something wonderful happened along the way: Taco Bell never caught on globally like other Yum!

Yum Brands — the parent company of KFC, Pizza Hut and Taco Bell — generated more than 70 percent of its profits, or $ 1.1 billion, outside the U.S. last year, up from just 20 percent 15 years earlier.

KFC is now part of Yum!

Different executives repeatedly stressed that Yum had a great first half of the year in China and pointed to China's growing consumer class as future potential customers.

The quintessential moment of Yum Brands» Investor Conference was when Taco Bell's CEO said that the Mexican fast - food chain was «on fleek.»

On Tuesday, due to low sales in China, Yum slashed its yearly earnings per share estimate to mid-single-digit range, down from prior expectations of 6 to 10 percent growth.

Yum China: Up over 50 percent this year, this recent Yum Brands spin - off has been putting up strong results for the last several quarters and Cramer expects no different on Thursday.

Currently 90 percent of Yum Brands restaurants are franchised outside of China and India.

The increased transparency around ingredients ties into Yum's international plans as the company slowly recovers from an expired meat scandal in China.

One reason: Taco Bell's success with social media and other millennial marketing tactics is serving as a blueprint for all Yum Brands chains in 2015.

Despite the ongoing investigation in China, executives say they still believe the country to be Yum's number one opportunity for growth.

Before joining Yum!

A long - time Yum!