Yum! Brands Gets a Boost as Taco Bell Delivery Catches On

KFC and Taco Bell have again propped up parent Yum! Brands Inc., whose total sales topped estimates last quarter, but the company’s Pizza Hut chain is another story. The shares fell the most in almost three months.

  • The rut in its pizza business is showing no signs of abating, even in the U.S. where Yum has been remodeling stores and pushing digital and to-go to attract more customers.
  • Yum jumped into the home-delivery market last year with an investment in GrubHub Inc. that appears to be helping sales. Taco Bell started national deliverythrough the service earlier this year and has been trying to reduce the time it takes to get burritos to customers.


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