Hints and tips:
Related Special Reports
...Restaurant chains such as KFC owner Yum Brands and Chipotle have touted AI-powered technology to improve the efficiency of ingredient orders or help making tortilla chips....
...Corporate updates: Alibaba Group, Yum China and DBS announce earnings. Taiwan Semiconductor Manufacturing Company releases monthly sales figures for January....
...Other earnings: Uber, Yum Brands, Roblox, Brookfield Asset Management and Fox will report their earnings before Wall Street’s opening bell....
...The FTC has proposed a rule that would prohibit companies from using bait-and-switch practices that show consumers one price and then inflate it with fees....
...The company’s share price is down 80 per cent from a 2018 peak....
...Yum China, which operates brands such as KFC and Pizza Hut, added 655 new stores in the country in the first half of the year....
...Burger King owner Restaurant Brands International and KFC owner Yum Brands are trading at about 20 and 22 times, respectively....
...Japanese individuals, meanwhile, have still not taken the bait....
...Corporate results: Foxconn Industrial Internet and Yum China are among companies reporting third-quarter data....
...The labour market] is 100 per cent changed from where it was two years ago,” said Kyle Samuels, founder of executive search firm Creative Talent Endeavors and former chief recruiter for fast-food group Yum...
...That suggests less money through the tills at McDonald’s and KFC, which is owned by Yum Brands....
...Rival chains including McDonald’s and KFC owner Yum Brands command higher multiples. But debt is costly these days. Roark has lined up $5bn in debt financing to fund the deal....
...Earnings: Private equity firm Carlyle, Taco Bell parent Yum Brands, food producer Kraft Heinz, and pharmacy group CVS Health will report earnings before the opening bell....
...It does not quite amount to a bait and switch by VCs. “Bait, wait and reorientate” is be a fairer description....
...Yum Brands did not respond to a request for comment....
...Results: CVS Health, Estée Lauder, Kraft Heinz and Yum Brands will report their latest quarterly earnings before Wall Street’s opening bell. Airbnb, PayPal and Mondelez report after the market closes....
...Big global investors have risen to the bait....
...Senior executives across a host of S&P 500 companies gave optimistic updates on the labour market in recent quarterly earnings reports....
...But State Street did not shy away from challenging companies on recycling. State Street voted for shareholder proposals at Amazon and Yum! Brands that demanded more information about plastic recycling....
...Yum China, which owns the KFC and Pizza Hut brands in China, is worth $21bn on US markets. Alibaba is audited by PwC in Hong Kong and Yum China is audited by KPMG Huazhen in mainland China....
...Results: Carlyle, Taco Bell parent Yum Brands, Kraft Heinz, CVS Health DoorDash, Etsy, Zillow, Robinhood, PayPal and Shopify are among the companies reporting earnings today....
...Lower sales were partially offset by a net gain from the company’s investment in delivery platform Meituan in 2018....
...Popeyes faces a formidable opponent in KFC China, which has a loyal customer base and the support of deep-pocketed parent company Yum China....
...There have been warnings all year that the market will tighten substantially in the second half of 2023, but so far traders have largely ignored the bait....
...Plastic pollution motivated a cohort of investors in Restaurant Brands International, the company behind Burger King, and Yum Brands, the parent company of KFC, Pizza Hut, and Taco Bell, where 37 per cent...
International Edition