Yum! Brands launches Pizza Hut review as KFC and Taco Bell drive growth

Yum! Brands has posted solid third-quarter growth driven by Taco Bell and KFC, while confirming a strategic review of its Pizza Hut business as the group looks to “maximise long-term value creation” across its global portfolio.
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Yum! Brands has posted solid third-quarter growth driven by Taco Bell and KFC, while confirming a strategic review of its Pizza Hut business as the group looks to “maximise long-term value creation” across its global portfolio.

The group, which operates more than 62,000 restaurants worldwide, reported system sales up 5% led by Taco Bell (+9%) and KFC (+6%), with Pizza Hut slipping 1%.

Like-for-like sales climbed 7% at Taco Bell and 3% at KFC, while Pizza Hut remained flat. Total digital sales hit a record £7.8bn ($10bn), now making up around 60% of transactions.


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New CEO Chris Turner, who took the helm this quarter, said his priorities include strengthening franchisee economics, scaling Yum!’s Byte digital platform, and “staying relevant with the next generation of consumers.”

Alongside the Pizza Hut review, Yum! confirmed plans to acquire 128 Taco Bell restaurants across the US southeast, adding high-margin sites to its equity portfolio. The company also announced several senior leadership changes, including Ranjith Roy as CFO and Sean Tresvant as Taco Bell CEO.

KFC continued to expand rapidly, opening 760 new sites in 60 countries, while Taco Bell added 74 and Pizza Hut 289.

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Yum! Brands launches Pizza Hut review as KFC and Taco Bell drive growth

Yum! Brands has posted solid third-quarter growth driven by Taco Bell and KFC, while confirming a strategic review of its Pizza Hut business as the group looks to “maximise long-term value creation” across its global portfolio.
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Yum! Brands has posted solid third-quarter growth driven by Taco Bell and KFC, while confirming a strategic review of its Pizza Hut business as the group looks to “maximise long-term value creation” across its global portfolio.

The group, which operates more than 62,000 restaurants worldwide, reported system sales up 5% led by Taco Bell (+9%) and KFC (+6%), with Pizza Hut slipping 1%.

Like-for-like sales climbed 7% at Taco Bell and 3% at KFC, while Pizza Hut remained flat. Total digital sales hit a record £7.8bn ($10bn), now making up around 60% of transactions.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


New CEO Chris Turner, who took the helm this quarter, said his priorities include strengthening franchisee economics, scaling Yum!’s Byte digital platform, and “staying relevant with the next generation of consumers.”

Alongside the Pizza Hut review, Yum! confirmed plans to acquire 128 Taco Bell restaurants across the US southeast, adding high-margin sites to its equity portfolio. The company also announced several senior leadership changes, including Ranjith Roy as CFO and Sean Tresvant as Taco Bell CEO.

KFC continued to expand rapidly, opening 760 new sites in 60 countries, while Taco Bell added 74 and Pizza Hut 289.

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