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Taco Bell Boosts Yum! Brands Amid KFC and Pizza Hut Struggles

Inflation impacts consumer spending, but Taco Bell's value menu drives growth for Yum! Brands in a challenging market.

  • Yum! Brands reported mixed Q2 results with a 3% increase in worldwide system sales but a 1% decline in same-store sales.
  • Taco Bell's same-store sales rose 5%, outperforming KFC and Pizza Hut, which saw declines of 3% each.
  • Analysts revised Yum! Brands' revenue forecasts due to weaker sales growth at KFC and Pizza Hut.
  • Yum! Brands is expanding AI technology in Taco Bell drive-thrus to improve efficiency and customer experience.
  • Despite sales challenges, Yum! Brands expects an 8% increase in core operating profit for the year.
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