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Yum! Brands Franchise News

Browse the latest corporate news from Yum! Brands .

Yum! Brands Reports Second-Quarter EPS Of $0.69, A Decline Of 5%, Excluding Special Items »

July 15, 2015 at 4:41AM PDT | Source: Yum! Brands

Expects Strong Second Half in China; Reconfirms 2015 Full-Year EPS Growth of at least 10%
LOUISVILLE, Ky. - July 14, 2015 - (BUSINESS WIRE) - Yum! Brands, Inc. (NYSE: YUM) today reported results for the second quarter ended June 13, 2015, including EPS of $0.69, excluding Special Items. Reported EPS was $0.53.
Second-Quarter Highlights

Worldwide system sales grew 3%. Worldwide restaurant margin was even at 15.5%, and worldwide operating profit decreased 1%.
Total international development was 291 new restaurants; 75% of this development occurred in emerging markets.
China Division system sales declined 4%, as 7% unit growth was offset by a 10% same-store sales decline. Restaurant margin decreased 2...

Yum! Brands Presents Inaugural Supplier Diversity Award To Recognize Diversity And Inclusion Leadership In Supply Chain »

May 20, 2015 at 5:53AM PDT | Source: Yum! Brands

May 20, 2015 // Franchising.com // Louisville, KY – Yum! Brands, Inc. (NYSE: YUM) presented its inaugural Supplier Diversity Award to The BAMA Companies, Inc. (BAMA) at their annual supply chain awards.
The Supplier Diversity Award was created to honor a supplier demonstrating significant leadership in the area of diversity and inclusion. For more than 20 years, BAMA, a woman-owned business enterprise, has been a leading and valued supplier of quality baked goods to KFC, Pizza Hut and Taco Bell. They have demonstrated a strong commitment to driving diversity and inclusion efforts in their organization.
“We believe it’s critical to reflect the community’s diversity in all that we do, including our supply chain...

Yum! Brands Named One Of Top 20 Learning And Development Companies By Chief Learning Officer Magazine’s 2015 LearningElite »

April 29, 2015 at 10:28AM PDT | Source: Yum! Brands

KFC, Pizza Hut, Taco Bell Parent Only Quick-Service Restaurant Company on List
LOUISVILLE, Ky. - April 29, 2015 - (BUSINESS WIRE) - Yum! Brands, Inc. (NYSE: YUM), one of the world’s largest restaurant companies and parent of KFC, Pizza Hut and Taco Bell, has been named one of the Top 20 learning and development organizations by Chief Learning Officer magazine’s 2015 LearningElite program. The Company was recognized as a Gold LearningElite organization for 2015 for its unique and comprehensive programs offered through its worldwide learning and development platform, Yum! University. Yum! Brands is the only quick-service restaurant company on the 2015 LearningElite list.
“Our global learning culture is focused on building the capability of our 1...

Yum! Brands Reports First-Quarter EPS Decline Of 8%, Excluding Special Items »

April 22, 2015 at 4:45AM PDT | Source: Yum! Brands

Maintains Full-Year Guidance of at least 10% EPS Growth in 2015
LOUISVILLE, Ky. - April 21, 2015 - (BUSINESS WIRE) - Yum! Brands, Inc. (NYSE: YUM) today reported results for the first quarter ended March 21, 2015, including EPS of $0.80, excluding Special Items. Reported EPS was $0.81.
First-Quarter Highlights:

Worldwide system sales grew 4%. Worldwide restaurant margin decreased 1.7 percentage points to 17.5%, and worldwide operating profit decreased 8%.
Total international development was 294 new restaurants; 88% of this development occurred in emerging markets.
China Division system sales declined 6%, as 8% unit growth was offset by a 12% same-store sales decline. Restaurant margin decreased 4...

Yum! Brands New CSR Report Highlights Performance And Progress Across Strategic Areas Of Focus: Food, People, Community And Environment »

April 03, 2015 at 8:08AM PDT | Source: Yum! Brands

April 03, 2015 // Franchising.com // Louisville, KY, April 2, 2015 – Yum! Brands (NYSE: YUM), parent company of KFC, Pizza Hut and Taco Bell and one of the top 100 Corporate Citizens by Corporate Responsibility Magazine in 2014, announced the release of its online 2014 Corporate Social Responsibility (CSR) Report. Yum! Brands is listed on the 2014 Newsweek Green Rankings and participates annually in the Carbon Disclosure Project.
“CSR is at the heart of how we are growing our three iconic brands,” said Greg Creed, CEO, Yum! Brands, Inc. “I’m pleased that each brand has meaningful CSR efforts that positively impact the local communities where our employees, franchisees and customers live and work. I’m proud of the progress we’re making on our journey to build three global brands people trust and champion, and we are going to get better and more courageous every day at delivering on the high quality, high integrity commitments our consumers and stakeholders care about most in our food, people, communities and environment...

Yum! Brands’ World Hunger Relief Effort With Global Spokesperson Christina Aguilera  »

March 26, 2015 at 4:27AM PDT | Source: Yum! Brands

Named Top Cause-Related Campaign by Two Prestigious Communication Organizations
World Hunger Relief Effort Raises $600 Million for United Nations World Food Programme and Other Hunger Relief Agencies Since Program Inception
March 26, 2015 // Franchising.com // Louisville, KY – Yum! Brands (NYSE: YUM), parent company of KFC, Pizza Hut and Taco Bell and one of the top 100 Corporate Citizens by Corporate Responsibility Magazine, announced its World Hunger Relief effort has been named the winner of the top Cause Branding Campaign and top Nonprofit Partnership of the Year by PR News’ CSR (corporate social responsibility) Awards. World Hunger Relief was also named a finalist for Global Campaign of the Year and a finalist for Cause-Related Campaign of the Year by PRWeek’s annual Awards...

Yum! Brands Recognizes ‘Volunteers For Hope’ Across The Globe »

March 13, 2015 at 6:40AM PDT | Source: Yum! Brands

Volunteer For Hope Program Awards Nearly $500,000 USD In Grants To Qualifying Charitable Organizations Worldwide Since 2012
March 13, 2015 // Franchising.com // Louisville, KY – Yum! Brands, Inc. (NYSE: YUM), one of the world’s largest restaurant companies with more than 41,000 KFC, Pizza Hut and Taco Bell restaurants in over 125 countries, announced its Volunteer for Hope program has awarded more than 160 grants resulting in nearly $500,000 to charitable organizations around the globe since its inception in 2012.
Yum! Brands’ Volunteer for Hope program, now in its third year, encourages the Company’s 1.5 million associates and franchisees to give back to the communities where they live and work through volunteerism...

Yum! Brands’ Chief People Officer Anne Byerlein Named One Of Forbes’ Top 10 Chief Human Resources Officers »

February 12, 2015 at 10:14AM PST | Source: Yum! Brands

February 12, 2015 // Franchising.com // LOUISVILLE, Ky. - Yum! Brands (NYSE: YUM), one of the world's largest restaurant companies with more than 41,000 KFC, Pizza Hut and Taco Bell restaurants in over 125 countries and territories, announced today that Chief People Officer Anne Byerlein has been named one of Forbes' Top 10 Chief Human Resources Officers (CHRO). The Top 10 CHRO list was developed by Mike Myatt, a Forbes contributor, author and leadership expert and advisor to Fortune 500 CEOs and Boards.
Byerlein, who has served as Chief People Officer since 2002, is one of an elite group of human resources executives on the list. In Myatt's February 11 article on Forbes.com, he recognized Byerlein for her role in leading global Human Resources for Yum! Brands, which includes recruiting, staffing, benefits, people development and training, employee relations, diversity and inclusion, security, and facilities for more than 1...

Yum! Brands Reports Full-Year EPS Growth Of 4%, Or $3.09 Per Share, Excluding Special Items »

February 05, 2015 at 7:32AM PST | Source: Yum! Brands

Maintains Full-Year Guidance of at least 10% EPS Growth in 2015
LOUISVILLE, Ky. - February 04, 2015 - (BUSINESS WIRE) - Yum! Brands, Inc. (NYSE: YUM) today reported results for the fourth quarter ended December 27, 2014. EPS excluding Special Items was $0.61, a decline of 29%. A non-cash, Special Items net charge of $361 million related to the write-down of Little Sheep assets was recorded in the fourth quarter. This charge impacted reported EPS by $0.80 for the full year. Reported EPS was $(0.20) for the quarter and $2.32 for the year.
Full-Year Highlights

Worldwide system sales grew 3%. Worldwide restaurant margin decreased 0.5 percentage points to 14.5%. Worldwide operating profit increased 1%.
New international restaurants totaled a record 2,034, including 737 in China, 666 at KFC, 465 at Pizza Hut and 156 in India; 80% of this development occurred in emerging markets...

Yum! Brands Expects Full-Year 2015 EPS Growth Of At Least 10% »

December 10, 2014 at 4:19AM PST | Source: Yum! Brands

Will Host Investor Update Meeting on Thursday, December 11, 2014
LOUISVILLE, Ky. - December 09, 2014 - (BUSINESS WIRE) - Yum! Brands, Inc. (NYSE: YUM), in advance of its Annual Investor Meeting, now estimates mid-single-digit full-year 2014 EPS growth versus prior year, excluding Special Items. Yum! expects to deliver at least 10% EPS growth in 2015, excluding Special Items.
Greg Creed, CEO effective January 1, 2015, said, "We are firmly committed to returning to double-digit EPS growth in 2015, delivering at least 10% growth with the potential to do significantly better. We fully expect to bounce-back in China and benefit from tremendous sales leverage as sales rebound. We have solid plans to drive same-store sales growth and margin improvement in China, while continuing to open new restaurants with confidence in the world’s fastest-growing economy...

Yum! Brands Inc. Appoints Greg Creed And Elane B. Stock To Board »

November 21, 2014 at 6:16AM PST | Source: Yum! Brands

November 21, 2014 // Franchising.com // LOUISVILLE, KY - Yum! Brands, Inc. (NYSE: YUM) announced that Greg Creed, 57, who will become Chief Executive Officer of the Company on January, 1, 2015, was formally appointed as a Director of the Board. Additionally, the Company appointed Elane B. Stock, 50, to its Board of Directors. Stock is the Group President of Kimberly-Clark International, comprising its operations in Asia-Pacific, Latin America, Middle East, Europe and Africa. The appointments are effective immediately.
"I'm very pleased the Board today appointed Greg Creed as a Director of our Company, furthering our seamless leadership transition," said David Novak, Chairman and CEO, Yum! Brands. "Greg walks the talk of our culture, is a visionary business leader and will make an outstanding Director and CEO of YUM Brands...

Yum! Brands Named One Of The Aon Hewitt Top Companies For Leaders In North America »

November 12, 2014 at 9:11AM PST | Source: Yum! Brands

November 12, 2014 // Franchising.com // LOUISVILLE, KY -  Yum Brands, Inc. (NYSE: YUM) ), one of the world's largest restaurant companies and parent of KFC, Pizza Hut and Taco Bell, has been named one of the Aon Hewitt Top Companies for Leaders® in North America for its unique and comprehensive leadership development programs and practices.
Conducted since 2001, the Aon Hewitt Top Companies for Leaders study is an analysis of talent management and leadership practices of organizations around the world. This year's winners were selected and ranked by an expert panel of independent judges based on a number of criteria, including strength of leadership practices and culture, examples of leader development on a global scale, alignment of business and leadership strategy, company reputation, business and financial performance...

YUM! Brands, KFC, Pizza Hut And Taco Bell Launch World Hunger Relief Effort  »

August 05, 2014 at 7:08AM PDT | Source: Yum! Brands

With Global Spokesperson Christina Aguilera in New "Pass the Red Cup" Challenge
Aguilera Uses Powerful Voice to Raise Awareness and Funds for Nearly 850 Million Hungry Worldwide
August 05, 2014 // Franchising.com // LOUISVILLE, KY – Yum! Brands (NYSE: YUM), parent company of KFC, Pizza Hut and Taco Bell, announced the launch of its annual World Hunger Relief effort with the "Pass The Red Cup" challenge featuring multi-Grammy Award winner and international superstar Christina Aguilera.
According to the United Nations, there are nearly 850 million people around the world who suffer from chronic hunger. Yum! Brands' World Hunger Relief effort is the world's largest private sector hunger relief initiative, spanning more than 125 countries, over 40,000 KFC, Pizza Hut and Taco Bell restaurants and 1...

Yum! Brands Reports Second-Quarter EPS Growth Of 30%, Excluding Special Items »

July 17, 2014 at 11:30AM PDT | Source: Yum! Brands

China Division System Sales Increased 21% with Operating Profit Growth of 188%; Yum! Reaffirms Full-Year Guidance of at least 20% EPS Growth
LOUISVILLE, Ky. - (BUSINESS WIRE) - July 16, 2014 - Yum! Brands, Inc. (NYSE: YUM) today reported results for the second quarter ended June 14, 2014, including EPS of $0.73.
Second-Quarter Highlights

Worldwide system sales grew 6%. Worldwide restaurant margin increased 3.0 percentage points to 15.5%, and worldwide operating profit increased 34%.
Total international development was 298 new restaurants; 78% of this development occurred in emerging markets.
China Division system sales increased 21%, driven by 7% unit growth and 15% same-store sales growth. Restaurant margin increased 6...

Yum! Brands Opens First KFC In Bolivia »

July 01, 2014 at 9:42AM PDT | Source: Yum! Brands

World's Most Popular Chicken Chain Expands in Emerging Markets
LOUISVILLE, Ky. - July 01, 2014 - (BUSINESS WIRE) - Yum! Brands, Inc. (NYSE: YUM) today announced the opening of the first KFC in Bolivia, with Franchise partner, DELOSUR. The introduction of the first KFC in Bolivia reflects the reach of the KFC Brand and the Company's expansion in emerging markets.
"We're delighted to work with our franchisee to bring the delicious taste of KFC to consumers in Bolivia. Together with our growth-ready franchise partners, we will continue to aggressively expand the KFC brand and enter new emerging markets around the world."
"KFC is an iconic global brand, and is instantly loved by consumers in every country where we introduce it," said Micky Pant, CEO, KFC...

Yum! Brands Foundation Awards Over $250,000 In Grant Prizes To 100 Student Teams For U.S. Hunger Relief Charities »

June 16, 2014 at 12:00PM PDT | Source: Yum! Brands

Lift A Life Foundation Mobilizes Nearly 200,000 Students Nationwide With Second Annual "Lead2feed World Hunger Leadership Challenge" In Partnership With USA Today Charitable Foundation
LOUISVILLE, KY - June 10, 2014 – Lift a Life Foundation announces five grand prize winners of the second annual "Lead2Feed World Hunger Leadership Challenge" in partnership with USA TODAY Charitable Foundation and Yum! Brands Foundation.
Nearly 200,000 middle and high school students in more than 850 schools and clubs participated in the nationwide challenge that encouraged students to hone their leadership skills through projects focused on solving hunger, locally or globally. Yum! Brands Foundation will provide over $250,000 in prize money grants to 100 student teams for U...

Yum! Brands Announces CEO Succession Plan, Becomes Effective On January 1, 2015 »

May 01, 2014 at 12:25PM PDT | Source: Yum! Brands

David C. Novak Announces He will Transition from Yum Chairman/CEO to Executive Chairman
Greg Creed will Become Yum Brands Chief Executive Officer and Join Board Of Directors
Office Of Chairman Will Be Formed with Novak, Sam Su, Creed
May 01, 2014 // Franchising.com // LOUISVILLE, KY – Yum! Brands, Inc. (NYSE:YUM), announced today that its Chairman and Chief Executive Officer, David C. Novak, 61, will become Executive Chairman on January 1, 2015, transitioning from his current role. Novak has served as CEO since 1999, building a global restaurant powerhouse with over 40,000 restaurants in 125 countries.
Once he becomes Executive Chairman, Novak is forming the Office of the Chairman. In addition to Novak, it will be comprised of Sam Su, 62, who will continue to serve as YUM Brands Vice-Chairman and Chairman/CEO of the YUM China Division; and Greg Creed, 56, who will become the next CEO of YUM Brands and will join Novak and Su on the Company’s Board of Directors on January 1, 2015...

Yum! Brands Reports First-Quarter EPS Growth Of 24%, Excluding Special Items »

April 23, 2014 at 12:08PM PDT | Source: Yum! Brands

China Division System Sales Increased 17% with Operating Profit Growth of 80%; Yum! Reaffirms Full-Year Guidance of at least 20% EPS Growth
LOUISVILLE, Ky. - (BUSINESS WIRE) - April 22, 2014 - Yum! Brands, Inc. (NYSE: YUM) today reported results for the first quarter ended March 22, 2014, including EPS of $0.87.
Beginning this quarter, our financial reporting will reflect our new structure with comparable prior periods adjusted accordingly. Effective the beginning of 2014, we combined our Yum! Restaurants International and U.S. divisions into three global brand divisions: KFC, Pizza Hut and Taco Bell. China and India remain separate divisions given their strategic importance and enormous growth potential. This new structure is designed to drive greater global brand focus, enabling more effective know-how sharing and accelerated growth...

Yum! Brands Opens First Pizza Hut In Iraq »

April 09, 2014 at 9:25AM PDT | Source: Yum! Brands

Milestone Spotlights Company's Expansion in Emerging Markets
LOUISVILLE, Ky. - April 09, 2014 - (BUSINESS WIRE) - Yum! Brands, Inc. (NYSE: YUM) today announced the opening of the first Pizza Hut in Iraq with franchise partner, Al Kout Food Company. The introduction of the first Pizza Hut in Iraq reflects the reach of the world's largest pizza chain and the Company's expansion in emerging markets.
"We're pleased to be able to bring Pizza Hut to Iraq as part of the explosive growth for our brand around the world," said Scott Bergren, CEO, Pizza Hut and Chief Innovation Officer, Yum! Brands. "While Pizza Hut's footprint is already significantly larger than our nearest competitor, we've still just scratched the surface of global growth...

Yum! Brands Reports Full-Year EPS Decline Of 9%, Or $2.97 Per Share, Excluding Special Items »

February 04, 2014 at 8:54AM PST | Source: Yum! Brands

Reaffirms Full-Year Guidance of at least 20% EPS Growth in 2014
LOUISVILLE, Ky.- (BUSINESS WIRE) - Feb. 3, 2014 - Yum! Brands, Inc. (NYSE: YUM) today reported results for the fourth quarter ended December 28, 2013, including EPS growth of 4%, or $0.86, excluding Special Items. Reported EPS was $0.70 for the quarter and $2.36 for the year.
Full-Year Highlights

KFC China sales and profits were significantly impacted by the effects of the December 2012 poultry supply incident, as well as subsequent news of avian flu.
Worldwide system sales grew 2%, prior to foreign currency translation, including 5% growth at Yum! Restaurants International (YRI) and 1% growth in the U.S. System sales declined 4% in China...

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