6 articles
Yum Brands completed the $2.7 billion sale of Pizza Hut to LongRange Capital, resulting in CEO Aaron Powell's resignation. The divestment follows declining demand linked to rising GLP-1 weight-loss dr
Sharp increases in lettuce prices and a widespread cyclospora outbreak linked to shredded lettuce have negatively impacted restaurant sales, including Yum Brands' Taco Bell, while raising consumer cos
Yum Brands reported better-than-expected quarterly profits despite a cyclospora outbreak linked to Taco Bell causing foot traffic slumps. Investors await details on financial impact amid CEO transitio
Yum Brands faces scrutiny as a Taco Bell cyclospora outbreak impacts sales and tests new CEO Chris Turner. FDA investigations link the outbreak to a Taylor Farms plant in Mexico, the source of the lar
Yum Brands' shares dropped over 4% following reports that Taco Bell may be linked to a cyclosporiasis outbreak involving lettuce. The CDC reports over 1,600 confirmed cases across 34 states, prompting
Yum Brands is in exclusive talks to sell its Pizza Hut chain to LongRange Capital amid industry headwinds from consumer demand weakness and rising commodity costs.
ChemBrief