Yum Brands Sets Industry Development Record, Doubles Digital Sales In Two Years
Divide And Conquer: How Ross Franklin Turns Pure Green Into A Cold Pressed Juice Empire By Leveraging Leaner Infrastructure And Crowdfunding
“These strong digital numbers come as a result of investments we’ve been making and our strategy around digital because we knew it was the future of the industry,” Gibbs said. “Whenever you nearly double your digital sales in two years, I think that is evidence those investments are paying off.”Dragontail’s artificial intelligence technology
Such operational efficiencies are critical in a challenged environment. Notably, Yum’s strong Q4 and 2021 results don’t negate from those challenges, such as inflationaryCFO Chris Turner said the labor shortages have been most pronounced in the U.S. and did lead to some constriction of operating hours across its brands in Q4, particularly in the Pizza Hut delivery business.“[Labor] had a small but real impact on sales. We believe we’re past the peak,” Turner said.
“It feels like we’re moving to a better place. Some similar themes came up [from that call] of ‘we’re past the peak of Omicron and applications for team members are starting to come back up’ and the challenges on hours may start to abate over time,” Gibbs said. “We’re quite optimistic the business is heading to a better place.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taco Bell Parent Yum Brands Misses Earnings Estimates as Higher Costs Weigh on ProfitsYum Brands on Wednesday reported mixed results for its fourth quarter as higher costs weighed on profits, leading to an earnings miss. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.02 adjusted vs. $1.09 expected Revenue:…
Read more »
Rebekah Vardy brands Coleen Rooney 'a c**t' in explosive Wagatha messagesRebekah Vardy branded Wayne and Coleen Rooney 'c**ts' in explosive messages laid bare to the High Court today as Wagatha Christie case continues
Read more »
Investment firm KKR ups Animoca Brands’ newest funding to $500 millionAnimoca Brands had just come off the heels of a $358.88 million funding round on January 18, led by Liberty City Ventures.
Read more »
27 Fashion Brands That Are Viral on TikToktysm tiktok 🙏🏽
Read more »
100 fastest-growing digital brands include OpenSea, MrBeast Burger, QuinceInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
The Boldest, Buzziest Swimwear Brands for This SummerThe 40 Best Swimwear Brands for Summer 2022
Read more »