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Kentucky Fried Chicken (KFC), a long-established force in the American fast-food chicken market, has been surpassed in ...
Stock Market News, ... Updated Feb. 7, 2024 at 2:40 PM. KFC, Pizza Hut Sales Decline in the ... The fast-food company on Wednesday reported a 5% decline in sales over the fourth quarter for KFC ...
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Is KFC on the Brink of Going Out of Business? - MSNKFC’s market share also took a significant dip, dropping from 16.1% to 11.3% in 2023, according to CNBC. While a turnaround is possible, KFC faces a relentless increase in competition.
KFC and Pizza Hut parent Yum Brands reported a bigger-than-expected fall in same-store sales for the second quarter as sticky inflation discouraged lower-income Americans from spending on dining out.
Taco Bell, KFC and Pizza Hut’s parent company is facing the same problem as its rivals: Fast food is getting too expensive and consumers are pushing back. Yum Brands, which owns all three chains ...
It's a move that sums up the ascendance of one surging brand and the decline of another: Popeyes Louisiana Kitchen recently announced it is buying 28 former KFC restaurants, most in the ...
NEW YORK (AP) — Yum Brands says a key sales figure for China dropped 19 percent in May, as the parent company of KFC began to see signs of recovery from the double whammy of a bird flu scare and ...
Consolidated net profit fell to 117.6 million rupees ($1.42 million) for the first quarter ended June 30, from 738.5 million rupees in the year-ago period, according to an exchange filing.
KFC parent Yum! says China sales hit by bird flu On Monday, McDonald's Corp. ( MCD ) also blamed fears over bird flu for a decline in China sales for the month. Yum!
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