logo
#

Latest news with #YUM

Pizza Hut's wild new menu offer for customers keeps selling out
Pizza Hut's wild new menu offer for customers keeps selling out

Miami Herald

time4 days ago

  • Business
  • Miami Herald

Pizza Hut's wild new menu offer for customers keeps selling out

Pizza Hut, which is owned by Yum Brands (YUM) , is pulling out all the stops to reverse a startling consumer trend it recently spotted in its stores. During the first few months of 2025, the pizza chain's same-store sales declined by 2% year-over-year, according to Yum Brands' latest earnings report. Specifically in the U.S., Pizza Hut's system sales decreased by 7%. Don't miss the move: Subscribe to TheStreet's free daily newsletter During an earnings call in April, Yum Brands CEO David Gibbs said Pizza Hut's same-store sales performance in the U.S. was "disappointing." He also warned investors that the pizza chain is currently operating in an "intense competitive environment." Related: Pizza Hut struggles to reverse troubling consumer trend The decrease in sales comes during a time when many consumers are scaling back fast-food purchases as prices rise for everyday goods. According to KPMG's Consumer Pulse Summer 2025 report, 69% of U.S. consumers in the survey said that they eat at home more often rather than dining out, and 85% said that saving money was the main reason for this decision. The survey also found that U.S. consumers expect to spend 7% less each month on restaurants this summer. Amid this alarming consumer trend, Pizza has decided to launch a generous meal deal to boost its low sales. For this month only, the pizza chain is offering customers one-topping personal pan pizzas for $2 each every Tuesday. The deal officially launched on July 8 and can be obtained in-store and online. The offer only applies to carryout orders and limits each customer to up to four personal pan pizzas. Related: Chick-fil-A angers customers with major change in stores In a statement to USA Today, a Pizza Hut spokesperson said that personal pan pizzas have been selling out in its stores since the deal launched earlier this month. "The response has been nothing short of incredible and we are even selling out of Personal Pan Pizzas at thousands of restaurants across the country," said the spokesperson. "Our goal is to give guests more of what they love and this offering has proven to do just that." The move from Pizza Hut comes after it rolled out generous deals and switched up its menu earlier this year to attract back customers. For example, in February, the pizza chain introduced its Ultimate Hut Bundle, in which customers can order two medium pizzas, any eight boneless wings, sticks, and two dipping sauces starting at $24.99. More Food + Dining: Papa Johns makes major menu change to win back customersSteak 'n Shake's beef tallow fries aren't as healthy as they appearChick-fil-A angers customers with major change in stores Then in April, Pizza Hut added its fan-favorite Cheesy Bites Pizza back onto its menu for a limited time. It also launched three new exclusive dipping sauces: Chipotle Ranch, Ultimate Ranch, and Pepperoni Ranch. Most recently, Pizza Hut added four new limited-edition pizzas to its menu at discounted prices. This includes its new Spicy Hawaiian Lover's pizza, Meat Lover's pizza, Pepperoni Lover's pizza and Veggie Lover's pizza. A large size of one of these pizzas costs $12.99, which is a deal because a large pizza at Pizza Hut usually costs a little under $20, depending on the region. Related: Domino's Pizza announces big menu change after major loss The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

State Government allocates RM11.6 million to YUM this year
State Government allocates RM11.6 million to YUM this year

Borneo Post

time05-07-2025

  • Business
  • Borneo Post

State Government allocates RM11.6 million to YUM this year

Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor with YUM Tuaran members and families at Dewan Sri Sulaman Tuaran. TUARAN (July 5): The State Government has allocated RM11.6 million to Yayasan Usaha Maju (YUM) this year to continue its Micro Credit Programme aimed at empowering local entrepreneurs, particularly among low-income women. Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor said the State Government is committed to assisting YUM in fulfilling its role by providing sufficient funds to allow it to operate and offer loan services to its members. Under the 12th Malaysia Plan, he said YUM had also been allocated a RM10 million grant for its loan revolving fund, in addition to the annual grant from the government to fund some of its loan programme operational costs. Speaking at the Tuaran YUM Family Day at the Dewan Sri Sulaman here on Saturday, the Chief Minister hoped YUM borrowers would repay their loans promptly, allowing more people to benefit from the programme. 'The success of borrowers in utilising the YUM loan effectively not only helps to increase their income, but also enables the agency to expand its efforts to assist more people in improving their livelihoods, thanks to a sufficient loan revolving fund. 'At the same time, YUM members must continuously enhance their business skills by participating in workshops, courses, training including those provided by other agencies, be innovative and to adopt the latest technologies in order to expand their respective business markets,' he said. YUM is a state trust body under the State Ministry of Finance that provides micro credit services aimed at assisting hardcore poor households to lift themselves out of poverty through loan capital for undertaking income-generating activities. 'Since its inception in 1995, Yayasan Usaha Maju has become one of the most important agencies in empowering the people's economy at the grassroots level, particularly among the rural and interior communities,' he said. The Chief Minister said YUM has disbursed RM805.25 million in loans, involving 152,021 loan units to 47,389 borrowers, with 18,888 members still having active loans. 'The loan repayment performance is also highly commendable, with a cumulative repayment rate exceeding 96 per cent. This indicates that the borrowers, all of whom are women, are good paymasters,' he said. Meanwhile, nearly 20 per cent of the YUM's borrowers who were previously below the poverty line have successfully achieved a monthly income surpassing the poverty line. 'This is a notable achievement and proves that YUM's loan programme is capable of increasing income and lifting people out of poverty,' he said. 'I would like to congratulate all the staff of YUM on this achievement, as well as all its members who have made the best use of this micro credit services. 'I hope that this year, Yayasan Usaha Maju will achieve even greater success,' he said.

RM11.6 million allocated to YUM for micro credit this year
RM11.6 million allocated to YUM for micro credit this year

Daily Express

time05-07-2025

  • Business
  • Daily Express

RM11.6 million allocated to YUM for micro credit this year

Published on: Saturday, July 05, 2025 Published on: Sat, Jul 05, 2025 Text Size: Hajiji with YUM Tuaran members and families at the event. - Pic by CMD TUARAN: The State Government has allocated RM11.6 million to Yayasan Usaha Maju (YUM) this year to continue its Micro Credit Programme aimed at empowering local entrepreneurs, especially low-income women. Chief Minister Datuk Seri Hajiji Noor said the government remains committed to supporting YUM through sufficient funding to ensure its operations and loan services continue. Advertisement Under the 12th Malaysia Plan, YUM also received an additional RM10 million for its loan revolving fund, alongside the annual government grant for operational costs. Speaking at the Tuaran YUM Family Day on Saturday, Hajiji urged borrowers to repay their loans promptly to enable more people to benefit, noting that the current repayment rate exceeds 96 per cent. Since its establishment in 1995, YUM has disbursed over RM805 million in loans, and nearly 20 per cent of its borrowers have successfully risen above the poverty line. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

Fast Food Stock Flashing Surefire Bull Signal
Fast Food Stock Flashing Surefire Bull Signal

Yahoo

time04-06-2025

  • Business
  • Yahoo

Fast Food Stock Flashing Surefire Bull Signal

The shares of Yum! Brands Inc (NYSE:YUM) are up 0.8% to trade at $145.07 at last glance while sporting an 8.7% year-to-date lead. Pressure at the 20-day moving average is keeping a lid on today's gains, while the $153 region has acted as a ceiling since the stock's April 4 bear gap of 8.4%. The shares are now trading within striking distance of a historically bullish trendline, however, which may help it close that bear gap. Per Schaeffer's Senior Quantitative Analyst Rocky White, the security is within one standard deviation of its 126-day moving average (representing half a year of trading). YUM was above this this trendline in at least eight of the last 10 trading days and spent 80% of the last two months above it. Within these parameters, five other signals occurred in the past five years, after which the equity was higher one month later every time, averaging a 3.9% pop. A move of comparable magnitude would place YUM back above $150. A round of bull notes could create tailwinds and help get YUM the rest of the way through overhead pressure at $140. Of the 27 analysts in coverage, 20 still call the equity a tepid "hold" rating. Options are looking affordable as well, per the stock's Schaeffer's Volatility Index (SVI) of 18%, which ranks in the 12th percentile of its annual range. This means options traders are pricing in low volatility expectations. YUM has also tended to outperform these expectations, per its of 83 out of 100.

Yum! Brands Tipped For 16% Upside As Analyst Points To Strong Unit Growth, AI Investment
Yum! Brands Tipped For 16% Upside As Analyst Points To Strong Unit Growth, AI Investment

Yahoo

time04-06-2025

  • Business
  • Yahoo

Yum! Brands Tipped For 16% Upside As Analyst Points To Strong Unit Growth, AI Investment

Goldman Sachs analyst Christine Cho upgraded Yum! Brands, Inc. (NYSE:YUM) from Neutral to Buy with a price forecast of $167. The analyst asserted that the company demonstrates a best-in-class unit growth trajectory, which stands out compared to most peers who are either below or at the low end of their stated growth algorithms. Furthermore, the analyst highlighted YUM's high franchise mix, at 98% of units, which she expressed builds relative resilience in the analyst also pointed to improved digital integration across YUM's various brands and at the enterprise level, specifically mentioning Byte! by YUM. The analyst said these digital advancements are expected to improve operational efficiency and drive top-line acceleration. Finally, the analyst emphasized Taco Bell U.S.'s sustained value leadership and the significant opportunity to accelerate international growth for the brand. Based on these considerations, the analyst indicated a 16% upside potential to the 12-month price forecast of $167, which she noted compares favorably to the 9% average upside for the rest of their coverage. The analyst revised the EBITDA estimates to $2.90 billion (from $2.91 billion) for FY25, $3.16 billion (from $3.16 billion) for FY26 and $3.43 billion (from $3.44 billion earlier). In April, Yum! Brands reported first-quarter revenue of $1.79 billion, missing the analyst consensus estimate of $1.8 billion. Adjusted EPS of $1.30 beat the analyst consensus of $1.29. The analyst highlighted several trends in the sector, including diverging brand performance, with casual dining showing more resilience year-to-date than fast food. Cho added that investors are increasingly favoring self-help narratives driven by unique traffic/market share catalysts or margin opportunities based on operational efficiency. While commodity/labor costs are relatively stable, tariffs remain a key swing factor for the second half, and companies are reluctant to raise prices given soft consumer sentiment, she said. The analyst sees elevated risk to global restaurant development plans in FY26/27, potentially pushing unit growth below the stated long-term algorithms. Price Action: YUM shares are trading higher by 0.64% to $144.89 at last check Wednesday. Read Next:Image via Shutterstock Date Firm Action From To Feb 2022 Cowen & Co. Upgrades Market Perform Outperform Dec 2021 Barclays Maintains Equal-Weight Dec 2021 Atlantic Equities Upgrades Neutral Overweight View More Analyst Ratings for YUM View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? YUM BRANDS (YUM): Free Stock Analysis Report This article Yum! Brands Tipped For 16% Upside As Analyst Points To Strong Unit Growth, AI Investment originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store