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These announcements caused reactions in a number of companies. Shares of KFC, which is part of Yum Brands, fell more than 5 ...
Fast-food chains are losing market share as their core customers, low-income diners, cut back and visit less often. If the ...
McDonald's second-quarter global comparable sales beat Wall Street estimates on Wednesday, as affordable meal bundles and ...
Yum Brands, the parent company of Taco Bell, KFC, and Pizza Hut, is doubling down on attracting Gen Z customers, its CEO told ...
Comparable sales in U.S., McDonald’s biggest market, grew 2.5 percent, compared with a 0.7 percent decline a year ago. Sales in its business segment where restaurants are operated by local partners, ...
The Byte system of AI technologies is helping power advanced Voice of the Customer tools while improving the drive-thru ...
A focus on value, along with hot products like a “Minecraft”-themed meal, helped McDonald’s turn around its sagging sales in ...
In the second quarter, McDonald’s saw a 3.8% rise in global same-store sales, beating expectations of 2.4% by LSEG analysts.
KANSAS CITY — To help consumers beat the heat and to capture a new wave of customers, foodservice operators have emphasized refreshing summer beverage introductions and seasonal flavors.
(Reuters) -U.S. stock index futures rose on Wednesday amid growing expectations of the Federal Reserve's interest rate cuts ...
Same-store sales for KFC and Pizza Hut declined in the last quarter. Sales at Taco Bell, its more budget-friendly brand, grew ...