Yum Brands

Moody’s Cuts Corporate Debt Outlook to Negative
Credit & Capital

Moody’s Cuts Corporate Debt Outlook to Negative

The Fed's unusual intervention in the market will help but "is unlikely to prevent distress at businesses with less certain long-term viability."
By Matthew Heller | March 31, 2020
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Yum Brands to Buy Habit Burger Grill
M&A

Yum Brands to Buy Habit Burger Grill

The KFC and Taco Bell owner is moving into fast-casual with its acquisition of the burger chain’s parent company.
By Lauren Muskett | January 6, 2020
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Yum Brands Names PepsiCo’s Chris Turner CFO
People

Yum Brands Names PepsiCo’s Chris Turner CFO

“We are confident that Chris’ commercial experience with iconic consumer-oriented companies ... will prove instrumental as we drive global growth."
By Matthew Heller | June 27, 2019
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Yum Brands Beats Earnings; Pizza Hut Sales Flat
The Economy

Yum Brands Beats Earnings; Pizza Hut Sales Flat

Strong sales at KFC and Taco Bell offset a disappointing quarter for the struggling pizza chain.
By William Sprouse | November 1, 2018
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Starbucks Names Hyatt’s Pat Grismer as CFO
People

Starbucks Names Hyatt’s Pat Grismer as CFO

The veteran finance executive has extensive restaurant experience, including nearly four years as CFO at Yum Brands.
By Matthew Heller | October 8, 2018
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Yum Brands Posts 2% Same-Store Sales Gain
Financial Performance

Yum Brands Posts 2% Same-Store Sales Gain

“The fourth quarter was a solid ending to a year where Yum Brands met or exceeded each component of our full-year guidance,” CFO David Gibbs says.
By Matthew Heller | February 8, 2018
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Chinese Investors Bet $460M on Yum Spinoff
Strategy

Chinese Investors Bet $460M on Yum Spinoff

The owner of KFC is partnering with Primavera Capital and an Alibaba affiliate to make Yum China an "independent restaurant powerhouse."
By Matthew Heller | September 6, 2016
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CFOs on the Move: Week Ending December 11
People

CFOs on the Move: Week Ending December 11

Marriott International, Yum! Brands, Allianz Life of North America, Santander Consumer USA, The Medicines Co., RigNet, Douglas Emmett Inc., Donaldson Co.
By Joan Urdang | December 11, 2015
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Yum Brands Splitting Off Its China Business
Strategy

Yum Brands Splitting Off Its China Business

Yum China will operate as a franchise, paying Yum Brands a percentage of its sales for brand rights.
By Katie Kuehner-Hebert | October 20, 2015
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KFC Sues Over Food Safety Rumors in China
Social Media

KFC Sues Over Food Safety Rumors in China

Lawsuits say three Chinese companies used WeChat social media app to spread false rumors about deformed chickens.
By Katie Kuehner-Hebert | June 1, 2015
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Foreign Complications
Strategy

Foreign Complications

International and emerging markets are enticing but can be hazardous. Here are six risks to watch out for.
By Vincent Ryan | May 13, 2014
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China Will Always Be a Struggle
Risk Management

China Will Always Be a Struggle

Robin Li, CEO of China's largest search engine, says foreign firms will always find China a tough market to crack.
By Vincent Ryan | January 13, 2014
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Hermès Tops “Most Reputable” List
Supply Chain

Hermès Tops “Most Reputable” List

The only luxury goods brand in the Consensiv 50, Hermès earns its reputation with a tight focus on management and operational controls.
By Jonathan Salem Baskin and Nir Kossovsky | November 5, 2013
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