The British asset management company is not the first to reverse its decision on a name change; it joins a group of famous brands like Coca-Cola, KFC, and Royal Mail.
Toronto, Ontario--(Newsfile Corp. - March 5, 2025) - The common shares of Komo Plant Based Foods Inc. will be removed from the CSE at the end of the trading day today, March 5, 2025. Currently, Komo Plant Based Foods is under suspension.
KFC is relocating from Kentucky. Yum Brands announced that it will move its brands to offices in Texas and California.
KFC is relocating its U.S. headquarters from Louisville to Plano, Texas. The parent company, Yum Brands, is also asking remote employees to return to the office.
Taco Bell is doing well in FY 2024 thanks to increased sales at existing locations and new ideas, while KFC is facing challenges in the U.S. but is doing better abroad. Pizza Hut is still lagging behind in the pizza market, with low sales growth, but may have better chances in the future. Valuation models indicate that Yum! Brands is reasonably priced, and unless KFC improves its U.S. performance, the stock is not expected to rise significantly.
Yum Brands (YUM) reported quarterly earnings of $1.61 per share, which is higher than the Zacks Consensus Estimate of $1.58 per share. This is an increase compared to earnings of $1.26 per share from the same time last year.
Byte by Yum! will offer features like mobile app and web ordering, point-of-sale systems, kitchen and delivery improvements, menu management, inventory and labor management, as well as tools for team members.
Yum! Brands, Inc. announced its financial results for the fourth quarter and the entire year ending December 31, 2024. The fourth-quarter earnings per share (EPS) were $1.49, while the EPS excluding Special Items was $1.61. For the full year, the GAAP EPS was $5.22, and the EPS without Special Items was $5.48, reflecting a 6% increase.
YUM's revenue for the fourth quarter shows strong support from its KFC, Pizza Hut, and Taco Bell brands.
Yum! Brands (NYSE:YUM) held its Q4 2024 Earnings Call on February 6, 2025, at 8:15 AM ET. The call featured company representatives including Matt Morris, the Head of Investor Relations, and CEO David Gibbs, along with CFO Chris Turner. Various analysts from firms like UBS, Oppenheimer, and Morgan Stanley also participated in the conference call.