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No, KFC Isn't Accepting Dogecoin Payments
Thursday, May 6, 2021 - 3:00am | 565Read More...Yum! Brands, Inc (NYSE: YUM) subsidiary KFC Canada said on social media Wednesday that it accepts Dogecoin (DOGE) in response to a customer query but the restaurant operator wasn't really serious about it. What Happened: Early Wednesday, KFC tweeted that it accepts DOGE after a customer...
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Did Justin Bieber Help Crocs Shares Double?
Tuesday, April 27, 2021 - 3:57pm | 506Read More...Crocs Inc (NASDAQ: CROX) reported first-quarter earnings Tuesday morning. The strong results have propelled shares to 52-week highs and may have been helped by pop superstar Justin Bieber. What Happened: First-quarter revenue of $460 million for Crocs was a quarterly record and up 64% year-...
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Beyond Meat Scores Lucrative Supply Deals With McDonald's, KFC, Pizza Hut, Taco Bell
Thursday, February 25, 2021 - 11:11pm | 397Read More...Beyond Meat, Inc. (NASDAQ: BYND) has entered into supply deals with fast-food giants McDonald’s Corp. (NYSE: MCD) and Yum Brands! Inc. (NYSE: YUM). The announcement of the deals came on the same day that the alternative meat maker reported a wider net loss for the fourth quarter despite...
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KFC, Pizza Hut Chinese Parent Raises $2.2B In Hong Kong IPO: Report
Friday, September 4, 2020 - 2:59am | 315Read More...Yum China Holdings Inc (NYSE: YUMC) raised $2.2 billion in its secondary listing in Hong Kong at $53.16 (HKD 412) per share, Bloomberg reported Thursday. What Happened: The operator of fast food brands such as KFC and Pizza Hut in China sold 41.91 million shares in its Hong Kong offering, people...
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Taco Bell, KFC Owner Suing Grubhub For Violation Of Distribution Agreement
Friday, June 12, 2020 - 3:54am | 405Read More...Yum! Brands, Inc. (NYSE: YUM) is suing Grubhub Inc. (NYSE: GRUB) for violating a distribution agreement dating back to 2018. What Happened Yum purchased a 3% stake in Grubhub in 2018 and signed a deal that would give it favorable pricing and service levels for its KFC and Taco Bell restaurants...
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How KFC Could Save Sister Brand Pizza Hut
Wednesday, February 19, 2020 - 12:09pm | 487Read More...The colonel's coming to the rescue. Under the leadership of CEO David Gibbs, restaurant operator Yum! Brands, Inc. (NYSE: YUM) will tap its KFC brand to help rejuvenate the struggling Pizza Hut chain. Yum's Pizza Hut Strategy Yum's recent fourth-quarter earnings report...
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Would You Like Some Shoes With Your KFC Chicken?
Thursday, February 13, 2020 - 2:01pm | 361Read More...April fools didn't come early this year: Yum! Brands, Inc. (NYSE: YUM)'s KFC chain is teaming up with shoe company Crocs, Inc. (NASDAQ: CROX) to collaborate on a new line of shoes. What Happened KFC and Crocs will team up and create two limited-edition Crocs, the companies said in a...
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Chinese KFC Owner Yum China Stock Dips As Company Closes 30% Of All Stores
Thursday, February 6, 2020 - 6:20am | 276Read More...The shares of Yum China Holdings Inc. (NYSE: YUMC) tanked in the after-hours session on Wednesday as the company gave a bleak outlook of the future due to the spread of the novel coronavirus hurting its business in China. What Happened The fast food chain, which controls chains including KFC,...
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KFC Will Test Out More 'Beyond Fried Chicken'
Wednesday, January 29, 2020 - 10:23am | 371Read More...Fast-food chain Kentucky Fried Chicken announced Wednesday it will expand testing a plant-based chicken product made by Beyond Meat Inc (NASDAQ: BYND) to two new markets. Several KFC restaurants in Charlotte, Nashville, and surrounding areas, will offer customers its new Beyond Fried Chicken menu...
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KFC Issues A Non-Apology After Criticism Over Sexist Ad
Tuesday, January 21, 2020 - 6:19am | 358Read More...Yum! Brands, Inc.'s (NYSE: YUM) fast food brand KFC is facing criticism for exhibiting sexism in a recent advertisement in Australia. What Happened In a 15-second long video, a woman can be seen fixing her dress in the reflection of a window mirror of a parked car, apparently believing that the...
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The M&A History Of Yum Brands
Thursday, January 9, 2020 - 5:36pm | 418Read More...Restaurant operator Yum! Brands, Inc. (NYSE: YUM) expanded its portfolio with the $375-million acquisition of Habit Burger Grill this week. Here's a look back at other notable M&A deals throughout Yum Brands' history, according to Nation's Restaurant News. Pizza Hut, Taco Bell...
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Smells Like Chicken? This KFC-Scented Fire Log Is A Real Thing You Can Buy At Walmart
Friday, December 6, 2019 - 9:37am | 378Read More...What better way to celebrate the holidays than making your home smell like a KFC restaurant. Walmart Inc (NYSE: WMT) is again selling an Extra Crispy Fire Log which duplicates the familiar smell of KFC's secret blend of 11 herbs and spices. What To Know About The KFC-Scented Fire Log Walmart is...
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KFC's Plant Chicken Looks, Tastes Like The Real Thing, Says Toronto Star
Friday, November 29, 2019 - 11:41am | 424Read More...Yum! Brands, Inc.'s (NYSE: YUM) KFC brand is working on a plant-based fried chicken option in Canada, according to the Toronto Star. KFC Says Seasoning The Biggest Challenge Toronto Star's Karon Liu and other journalists spoke with KFC's food innovation and technology manager...
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KFC Is Trialing Vegan Version Of Its Chicken Burger
Thursday, June 13, 2019 - 1:31pm | 248Read More...KFC, a subsidiary of Yum! Brands, Inc. (NYSE: YUM), will trial a vegan version of its original recipe fillet sandwich. KFC said the “Imposter” will be available in selected restaurants in London, Bristol and the Midlands in the United Kingdom starting June 17 June for four weeks. The...
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Burger King, McDonald's And KFC's Stance On Plant-Based Meat Products
Friday, June 7, 2019 - 7:52am | 291Read More...There is a huge push for fast-food restaurants to launch meat-free products. This year a number of mainstream fast-food restaurants are joining the meat-free revolution and adding plant-based products to their menu. One of the fastest growing food companies is Beyond Meat (NASDAQ: BYND). Beyond...
