Warrensburg awarded $22 million loan for wastewater system improvements
The money will go toward the Warrensburg West and East Wastewater Treatment Facilities Improvements project, which will increase the treatment capacity of the city's two plants and improve the quality of the water.
Black Bear spotted near Kansas City area Taco Bell
This project is being funded through a low-interest loan that the department has arranged with the City of Warrensburg. The funding will cover the project's entire estimated cost, according to the department.
'This funding for Warrensburg's wastewater infrastructure project will help protect water quality and keep utility bills affordable,' said Kurt Schaefer, director of the Department of Natural Resources.
The city's existing wastewater treatment plants are nearing capacity – which is why the city held a special election in August 2023, when voters approved the $22 million project.
The upgrades are designed to accommodate the city's projected population increase and ensure the wastewater system can handle peak flow events.
Once completed, the project will expand the average daily flow of the city's facilities to 2 million gallons per day – and a peak of 12 million gallons per day.
The project will also benefit the city's economic development, since the city cannot issue building permits once the wastewater system exceeds its capacity.
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Funding for this project is backed by a $22 million low-interest loan through the department's Clean Water State Revolving Fund. The funding is estimated to save the city's ratepayers approximately $7.7 million in interest over the loan's 20-year term, according to the department.
The city expects to complete the improvements by October 2026.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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KFC International Unit Growth 7% and Taco Bell Same-Store Sales Growth 4%;Over $9 Billion Digital System Sales with Record 57% Digital Sales Mix LOUISVILLE, Ky., August 05, 2025--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) today reported results for the second quarter ending June 30, 2025. Second-quarter GAAP EPS was $1.33 and second-quarter EPS excluding Special Items was $1.44, a 7% increase year-over-year. DAVID GIBBS COMMENTS David Gibbs, CEO, said "Our second-quarter results are a testament to the power of our bold food innovation, digital transformation, and the strength of our iconic brands. Taco Bell U.S. meaningfully outpaced the category with 4% same-store sales growth, and KFC International opened 565 gross new units. I am confident that with our strong development across the system, improving value propositions, and exciting new uses of our proprietary, integrated tech stack, Yum! is well positioned to win in an ever-changing consumer landscape. As I reflect on my incredible 36-year journey with Yum!, it's been a joy to bring our iconic brands to consumers around the world in collaboration with our world-class franchise partners and team members. Yum! is in an enviable position with the very best talent and leaders in this industry at the helm of our global brands. I couldn't be more confident passing the torch to Chris Turner, whose deep understanding of our business and bold vision will continue to propel Yum! forward." RECENT STRATEGIC ANNOUNCEMENTS On June 17th, we announced that the Board of Directors unanimously elected Chris Turner to succeed David Gibbs as Chief Executive Officer, effective October 1, 2025. David will serve as an adviser to the Company until the end of 2026 to ensure a seamless transition. Chris has served as Chief Financial Officer since 2019 and expanded his role to include Chief Franchise Officer in 2024. During his time at Yum!, Chris has been instrumental in driving bold actions including transforming the digital and technology organization, launching Byte by Yum!, centralizing Yum!'s global supply chain, and driving ideation for new, bold concepts within our portfolio. On June 26th, Taco Bell announced plans to scale its innovative beverage concept Live Más Café to 30 locations by the end of 2025. The concept offers over 30 signature beverages, from Churro Chillers and specialty coffees to Refrescas and Dirty Mountain Dew® Baja Blast® Dream Sodas. This launch is part of the brand's long-term beverage strategy to reach $5 billion in beverage sales by 2030. SECOND-QUARTER HIGHLIGHTS Worldwide system sales grew 4%, excluding foreign currency translation, led by Taco Bell at 6% and KFC at 5%. Unit count increased 3% including 871 gross new units in the quarter. Robust digital system sales exceeding $9 billion, with record digital mix of approximately 57%. Foreign currency translation favorably impacted divisional operating profit by $4 million. Reported Results % Change System SalesEx F/X Same-Store Sales Units GAAP OperatingProfit CoreOperating Profit1 KFC Division +5 +2 +5 +9 +8 Taco Bell Division +6 +4 +2 +5 +5 Pizza Hut Division (1) (1) Even (15) (15) Worldwide +4 +2 +3 +2 +2 Second-Quarter Year-to-Date 2025 2024 % Change 2025 2024 % Change GAAP EPS $1.33 $1.28 +4 $2.23 $2.38 (6) Less Special Items EPS1 $(0.11) $(0.07) NM $(0.51) $(0.12) NM EPS Excluding Special Items $1.44 $1.35 +7 $2.74 $2.50 +10 1 See reconciliation of Non-GAAP Measurements to GAAP Results within this release for further detail of Core Operating Profit and Special Items. All comparisons are versus the same period a year ago. System sales growth figures exclude foreign currency translation ("F/X") and core operating profit growth figures exclude F/X and Special Items. Special Items are not allocated to any segment and therefore only impact worldwide GAAP results. 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We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "likely," "seek," "project," "model," "ongoing," "will," "should," "forecast," "outlook" or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections, our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of Yum! Brands, will prove to be correct or that any of our expectations, estimates or projections will be achieved. 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In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. The forward-looking statements included in this announcement are only made as of the date of this announcement and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Forward-Looking Statements" in our most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q) for additional detail about factors that could affect our financial and other results. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 61,000 restaurants in more than 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-inspired food and pizza categories, respectively. Habit Burger & Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2024, Yum! was named to the Dow Jones Sustainability Index North America and 3BL's list of 100 Best Corporate Citizens. In 2025, the Company was recognized among TIME magazine's list of Best Companies for Future Leaders. In addition, KFC, Taco Bell and Pizza Hut led Entrepreneur's Top Global Franchises 2024 list and were ranked in the first 25 of Entrepreneur's 2025 Franchise 500, with Taco Bell securing the No. 1 spot in North America for the fifth consecutive year. Category: Earnings View source version on Contacts Analysts are invited to contact:Matt Morris, Head of Investor Relations at 888/298-6986 Members of the media are invited to contact:Lori Eberenz, Director, Public Relations, at 502/874-8200 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Taco Bell parent Yum Brands misses estimates as spending slows, costs rise
(Reuters) -Yum Brands missed analysts' estimates for second-quarter comparable sales and profit on Tuesday, hit by higher ingredient costs and muted demand that weighed on its businesses, including Taco Bell. Concerns over the impact of steep tariffs and economic growth have dented U.S. consumer spending on eating out, prompting fast-food chains, including Yum Brands, McDonald's and Burger King-owner Restaurant Brands, to launch budget-friendly meal deals to boost foot traffic. Taco Bell, which accounts for 38% of the company's total revenue, rolled out meal boxes ranging from $5 to $9. Still, its same-store sales growth in the U.S. — the biggest market — slowed to 4% during the second quarter from 5% a year earlier. Among other restaurant chains, Chipotle Mexican Grill cut its annual sales growth forecast and missed quarterly sales estimates on weak demand. Burger giant McDonald's, which is set to report on Wednesday, warned of tough conditions in May owing to tariff uncertainty. The Trump administration's unpredictable trade policies have also made it harder for businesses to plan operations, disrupted supply chains and increased costs. Yum's worldwide same-store sales rose 2% during the quarter ended June 30, below analysts' average estimate of a 2.37% increase, according to data compiled by LSEG. Total costs and expenses for the quarter were up 13%. Revenue was at $1.93 billion during the quarter, compared with the estimate of $1.94 billion. Excluding items, the company earned $1.44 per share, while analysts estimated $1.46 per share. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
