F&B CONNECT

Yum! Brands, the parent company of KFC, Taco Bell, Pizza Hut and The Habit Burger Grill, have announced their 2022 End of Year results – they announced they opened a record 4,560 gross units during the year.

 

Some key highlights included:

• Global sales growing 6% (KFC – 6%, Taco Bell – 11%, Pizza Hut – 3%).
• Global units growing 4% (KFC – 3%, Taco Bell – 5%, Pizza Hut – 4%)

 

When looking at the 4th Quarter, there were System Sales Growth of 10% excluding Russia Impact.

 

Between the NYSE opening on 8th February, and midday, the share price had risen by 1.58%.

 

In summary, some key stats for their 3 major brands are: