Following the wildly successful introduction of spicy, smoky, crispy KFC Nashville Hot Chicken, the Colonel introduces a new, flavor that's like gold for your insides—Georgia Gold Honey Mustard BBQ Chicken.
KFC Georgia Gold comes with a new kind of fried chicken. Actor and producer Billy Zane, best-known for his roles as tycoon Cal Hockley in Titanic and most recently as Stan Gutterie on ABC's summer smash hit, Guilt, will appear as the Georgia Gold Colonel in the brand's latest ad campaign starting January 29.
Billy Zane, the Georgia Gold Colonel, said, "Just like KFC's Georgia Gold, I'm sophisticated, classy and gold. Yes, you read that right. I've undergone extensive gold plating in support of this new offering from KFC. Totally worth it."
Kevin Hochman, Chief Marketing Officer, KFC, said, "Our KFC Georgia Gold is like no other fried chicken you've ever eaten. At USD5.49 it's a lot cheaper than real gold. And a lot tastier!"
Both Georgia Gold and Nashville Hot are available exclusively at participating KFC restaurants for a limited time.
KFC has announced plans to recruit over 700 permanent employees in the UK and Ireland to support increased demand during the upcoming holiday season. The available roles include both full- and part-time positions across various levels, with opportunities for customer-facing team leaders, team members, and kitchen staff.
Kathryn York, Chief People Officer at KFC UK and Ireland shared, “We’re really excited to be growing our restaurant teams to help serve up KFC’s delicious fried chicken to customers at our busiest time of year. These roles are a fantastic opportunity for anyone who wants to learn and build a career in a fun, energetic and supportive environment, where people are recognized for their potential above all else. With a range of jobs available, I’d encourage anyone interested in joining us to apply now.”
This recruitment drive aligns with KFC's long-term growth strategy in the UK and Ireland, where the brand is planning to open 500 new restaurants over the next decade. This expansion is expected to create more than 20,000 jobs, boosting local economies and extending KFC’s reach to more customers in the region.
In a move towards greater inclusivity in the hospitality industry, KFC India has introduced a Sign Language training program for all 17,000+ employees, including those in corporate offices. This initiative, launched to mark the International Day of Sign Languages, aims to create a more accessible environment across its 1,200+ restaurants in over 240 cities. The program is part of KFC India’s Kshamata initiative, which focuses on bridging gender and ability gaps.
The training, designed in consultation with a Sign Language expert, consists of online modules that introduce Indian Sign Language (ISL). The first module covers ISL alphabets, while the following sessions focus on common phrases and greetings essential for everyday communication. By 2026, KFC India aims to double the number of speech and hearing-impaired (SHI) employees through this program.
In addition, as part of the #SpeakSign campaign, KFC has launched India’s first interactive Sign Language kiosks at Select CityWalk, New Delhi, and Ambience Mall, Gurugram. These kiosks allow visitors to learn how to order food items across various cuisines using ISL, including popular KFC dishes like Hot and Crispy and Zinger.
Moksh Chopra, General Manager of KFC India and Partner Countries, said, "We are proud to announce that 100 percent of our teams will be trained in basic Indian Sign Language, making our restaurants more inclusive. We're also taking this movement beyond our organization into the wider hospitality industry."
KFC’s franchise partners, Devyani International Limited (DIL) and Sapphire Foods India Limited (SFIL), have been instrumental in implementing the Kshamata initiative. Pradeep Das, CEO of DIL, emphasized the importance of bridging the ability gap, stating, "The rollout of Sign Language training will help ensure that we’re fostering an environment where speech and hearing-impaired individuals can interact confidently."
Deepak Taluja, President and CEO of SFIL, added, "The training is a significant step toward fostering inclusive environments. We at SFIL are committed to feeding people’s potential with KFC Kshamata."
The interactive kiosks will be available at Select CityWalk and Ambience Mall until September 21. Additionally, on September 23, International Day of Sign Language, consumers can visit any of the 54 special KFCs operated by speech and hearing-impaired employees to learn ISL through special menus and tutorial videos.
Yum! Brands has announced the expansion of Voice AI technology across Taco Bell drive-thru locations in the U.S., targeting hundreds of stores by the end of 2024.
The Company aspires to implement Voice AI technology in drive-thrus at its brands globally in the future.
“Yum! Brands is integrating digital and technology into all aspects of our business with exciting new capabilities, and AI is a core piece of that strategy,” said Lawrence Kim, Chief Innovation Officer, Yum! Brands by adding that they are expanding and accelerating their AI capabilities like Voice AI to deliver leading-edge technologies to their franchisees and to enhance the consumer and team member experience.
“With over two years of fine tuning and testing the drive-thru Voice AI technology, we’re confident in its effectiveness in optimizing operations and enhancing customer satisfaction,” he added.
The rollout of Voice AI technology in Taco Bell, currently in more than 100 Taco Bell U.S. drive-thrus across 13 states, is designed to enhance back-of-house operations for team members and elevate the order experience for consumers. Benefits include easing task load for team members, improving order accuracy, providing a consistent, friendly experience, and reducing wait times, while driving profitable growth for Taco Bell, Yum! Brands and their franchisees.
Yum! Brands and Taco Bell have collaborated closely, including incorporating input from Taco Bell franchisees, so that Voice AI benefits both team members and consumers.
This technology takes advantage of Taco Bell’s strong drive-thru customer experience ecosystem, which is powered by digital menu boards, Yum! Brands’ propriety Poseidon POS system and the next generation of the Taco Bell Rewards loyalty program which the brand is excited to integrate later this year.
The Voice AI technology uses a holistic approach that leverages feedback, data, and insights to enhance consumer relationships with an emphasis on intuitive, user-friendly technology to create a seamless ordering experience.
“Innovation is ingrained in our DNA at Taco Bell, and we view Voice AI as a means to improve the team member and consumer experiences,” said Dane Mathews, Chief Digital & Technology Officer, Taco Bell.
In addition to the expansion of Voice AI across Taco Bell U.S. drive-thrus, five KFC restaurants in Australia are simultaneously testing Voice AI technology in drive-thrus, which is also being positively received by consumers and restaurant team members.
KFC Global has appointed Alex Barsk (she/her) as their new Chief Financial Officer (CFO), reporting directly to Sabir Sami, KFC Global Chief Executive Officer (CEO), effective June 1, 2024.
In this role, Alex will be responsible for leading KFC’s global Finance function, ensuring continued growth and profitability for the KFC business.
She will also oversee KFC’s Financial Planning Analysis and Strategy functions.
Alex joins us from their sister brand, Pizza Hut, where she most recently served as Global Chief Financial Officer.
Alex joined Pizza Hut in 2015 and has held leadership roles across Strategy, Finance, Development and Supply Chain. Her leadership has had a positive impact in driving Pizza Hut’s growth agenda. Alex is a heart-led coach, high-performing culture builder and a true global citizen.
Prior to Yum!, Alex was an Engagement Manager at Strategy& (formerly Booz & Company) in their London and Dallas offices. She also spent several years in London with Cambridge Associates, a global investment advisory firm.
Alex holds a B.A. from Brown University and an MBA from London Business School.
From the fried chicken chain that brought you the Double Down, KFC has done it again – pairing the unexpected to create another mouth-watering meal. Starting Feb 26 for a limited time, KFC is introducing the international smash hit, Chizza ("cheet-za"), to KFC menus in the US.
Chizza first debuted on KFC menus in the Philippines in 2015 and since then the KFC exclusive has made its way around the world to Korea, Taiwan, India, Thailand, Germany, Spain and Mexico, among other countries.
"Fried chicken and pizza collaborated to create something even better – the Chizza," said Nick Chavez, CMO KFC US by adding that the fan-favorite mashup is finally available in the US after making its way around the world.
To celebrate its stateside debut, KFC will transform its restaurant at 242 E 14th St. in New York City – the pizza capital of the US – into a one-of-a-kind "Chizzeria" pop-up where customers will get to try Chizza before anyone else for free.
The KFC Chizzeria offers one menu item only, hot & fresh Chizza, in a KFC-ified, modern take on a classic pizzeria. The world's first Chizzeria (probably) opens its doors for a limited time, Friday, Feb. 23-Feb. 24 (1-9 p.m. ET), but don't worry, Chizza is available to the rest of the country starting Monday, Feb. 26.
Owners and operators of Taco Bell, KFC and Pizza Hut, Yum Restaurants India is planning to exit quick service restaurant giant Devyani International by selling a 4.4 per cent interest in a block sale on Wednesday, shared reports.
According to the reports, with this, Yum Restaurants expects to raise around Rs 815 crore from the deal.
The floor price for the sale has been set at Rs 153.5 per share, which represents an almost 8 per cent reduction to the current pricing.
Devyani International’s shares closed 0.6 per cent higher at Rs 166.20 on the National Stock Exchange.
As of 31 December, Yum Restaurants owned more than 5 crore shares in Devyani International. Yum Restaurants acquired 4.41 per cent of Devyani International in September 2021.
Devyani International’s stock has risen by more than 7 per cent during the last year.
Devyani International, which manages the KFC and Pizza Hut restaurant franchises in India, announced disappointing results for the December quarter, with consolidated earnings falling 87 per cent to Rs 9.6 crore. The company’s sales increased by barely 7 per cent YoY to Rs 843 crore.
Whereas, s
QSR chain KFC is planning to acquire 218 franchised restaurants owned by EG Group in the U.K. and Ireland.
The brand currently operates 50 company-owned restaurants across the two countries.
KFC U.K. and Ireland has a strong track record of consistent growth that has continued this year, with system sales up 7% and same-store sales up 5% across its 1,040 restaurants.
"The KFC business is a powerhouse for Yum! globally and the UK and Ireland is one of our strongest markets," shared Sabir Sami, CEO, KFC Division by adding that over the past five years, the group has secured their leadership position within the U.K. and Ireland chicken market, opening 200 new restaurants, and is now close to being a £2 billion business in the U.K.
Since 2018, KFC has opened 200 restaurants across the U.K. and Ireland and previously announced plans to open a further 500 restaurants across the market by 2030, added the release.
"We are proud to have been a strategic partner of KFC in the U.K. and Ireland, playing an important role in helping the brand expand its footprint," added Zuber Issa and Mohsin Issa, CBE co-founders and co-CEOs of EG Group.
Today KFC operates over 1,000 restaurants across the U.K. and Ireland with 27,000 team members in the U.K. and Ireland.
QSR Chain KFC has achieved a significant milestone by reaching its 1,000th restaurant in India.
The brand made its debut in the country back in 1995. KFC operates in India through franchise partnerships with Devyani International Ltd and Sapphire Foods India Ltd.
In the upcoming phase of its operations in India, KFC is positive about contributing to the country's economy by creating more than 100,000 jobs, bolstering the nation's growth prospects," stated the company on Tuesday.
Moksh Chopra, General Manager of KFC India & Partner Countries, expressed pride in KFC's role in India's progress alongside franchise partners. He highlighted KFC's global identity with a strong local connection, emphasizing the commitment to growing hand in hand with the nation. Chopra commended the restaurant teams, particularly those comprising specially abled individuals, for their crucial role in KFC's journey.
Devyani International recorded a significant 84% drop in net profit for the June 2023 quarter, with earnings amounting to Rs 11.75 crore compared to the Rs 73.84 crore profit reported in the same period last year.
The company's revenue from operations for the April-June quarter of FY23 showed a substantial 20% year-on-year (YoY) increase, reaching Rs 846.63 crore compared to Rs 704.72 crore in the same period last year.
The decrease in net profit was attributed to a significant increase of over 24% in total expenses, which amounted to Rs 793.16 crore during Q1FY24, as opposed to Rs 636.58 crore in the corresponding quarter of the previous fiscal year.
The company reported a 12% increase in sales compared to the previous quarter. In its filing to the exchanges, Devyani International stated that its core brands, namely KFC (with revenues of Rs 516 crore, showing a 16% QoQ increase), Pizza Hut (with revenues of Rs 184 crore, showing an 8% QoQ increase), and Costa Coffee (with revenues of Rs 32 crore, showing a slight decline of 2% QoQ), demonstrated stable revenue performance during the same quarter.
Ravi Jaipuria, Non-Executive Chairman of Devyani International, expressed satisfaction in commencing the new fiscal year on a positive note, even in the face of challenges from a challenging macro environment and reduced consumer spending. The company plans to open 275 to 300 stores in the current fiscal year, aiming to achieve its ambitious goal of reaching 2,000 stores by 2026.
The EBITDA witnessed a 14.6% growth, reaching Rs 173.4 crore, which was also up 14.6% compared to the previous quarter. Consequently, the EBITDA margin reached 20.5%, and the profit before tax (PBT) stood at Rs 13 crore.
The overall PBT for the company was affected due to the substantial currency devaluation in Nigeria.
After normalization, the profit before tax (PBT) amounted to Rs 60.3 crore in the quarter, showing a notable increase from Rs 41.2 crore in the previous quarter.
Regarding Vaango, their south Indian cuisine brand, Jaipuria mentioned that it is progressing positively, with 52 stores currently in operation.
Following the announcement, the company's shares experienced a decline of approximately 4%, settling at Rs 186.
Yum! Brands Inc has appointed Brett Biggs, former Executive Vice President and Chief Financial Officer of Walmart Inc., and Susan Doniz, Chief Information Officer and Senior Vice President of Information Technology & Data Analytics of The Boeing Company, to its Board of Directors, effective August 10, 2023.
“Brett and Susan bring deep leadership experience and proven track records driving performance and innovation for well-known customer-oriented and technology-centric companies, making them outstanding additions to the Yum! Brands Board,” said Brian Cornell, Chairman of the Yum! Brands Board of Directors and Chairman and CEO of Target Corporation.
“Brett’s impressive background leading global finance, corporate strategy and mergers and acquisitions at one of the world’s most iconic and customer-focused retailers positions him perfectly to contribute to the Yum! Board and help shape our future growth and performance,” said David Gibbs, Chief Executive Officer, Yum! Brands.
Yum! will also benefit from Brett’s experience in global operations and digital transformation as we continue to prioritize initiatives that strengthen operational execution, accelerate digital sales and provide great experiences for their customers and restaurant team members.
Gibbs continued, “Susan has strong expertise in adopting new, cutting-edge technologies and leveraging agile digital solutions and data analytics capabilities to drive business growth and support customer needs. Her wealth of knowledge will be invaluable as we pursue our bold goal of powering 100 percent of our sales by digital and investing in technologies that enable easy experiences for customers, easy operations in restaurants and easy insights to accelerate profitable growth for Yum! and our franchisees.”
Yum! Brands, Inc. has announced the latest step in the Company’s strategy to enhance the digital experiences of customers by selecting Treasure Data™ as its Customer Data Platform provider to help drive customer acquisition, growth and retention.
Many Quick Service Restaurants (QSRs) have unknown diners in their customer base, and being able to personalize marketing to them is important in order to increase brand loyalty and frequency. Treasure Data’s advanced AI and machine learning capabilities can provide rich, actionable insights that deliver engaging, personalized content to customers.
The Treasure Data Customer Data Cloud is designed to unify all first-, second- and third-party data, creating a single view of a customer across multiple brands. The data unification and enrichment are designed to help discover unknown audiences and will assist in achieving a centralized view of customer data across the Yum! Brands concepts.
“This is the latest advancement in our strategy to drive toward enhanced digital experiences and deliver exceptional value to our customers, as the company remains focused on our vision to have 100% of sales powered by digital,” said Cameron Davies, Chief Data Officer, Yum! Brands by adding that treasure data’s state-of-the-art CDP solution brings unparalleled capabilities to unify, manage and activate customer data across our four brands and third-party platforms, empowering our ability to gain deep insights into customer behavior and preferences.
Powered by its global scale, Yum! Brands is investing in technologies that enable easy experiences for customers, easy operations for restaurant teams and easy insights to drive outsized growth. The company’s strategy is to build in-house, acquire or partner on technologies that provide a strategic advantage. While Yum! is focused on owning the majority of its tech solutions, it does partner with select third-party tech providers like Treasure Data.
“Yum! has built some of the most loved and trusted brands in the world, and they know the importance of understanding customer needs,” added Kazuki Ohta, CEO and co-founder, Treasure Data.
Kentucky Fried Chicken is celebrating National Fried Chicken Day by announcing KFCShop.com, a new merchandise shop for all your finger lickin' good fashion needs.
The KFC Shop includes a mix of vintage and modern-style apparel and prints, unique accessories, including a special collaboration with Kentucky-based sunglass brand Shady Rays® and items that bring the best of fried chicken style.
"We wanted to celebrate summer with our customers this year. This new collection has it all - outfit sets, varsity jackets, slides, and the brand favorite, bucket hat. That's a finger lickin' good National Fried Chicken Day,” shared said Nick Chavez, CMO, KFC US.
Making its debut with an exclusive, limited-quantity Ultimate Summer Collection, each item pairs perfectly with KFC's new Ultimate BBQ Fried Chicken Sandwich, which is available for a limited time through Aug. 13.
This Kentucky fried collection of apparel, accessories and more was created in partnership with Ink Branded. While the shop's debut features 20+ total new items, it will be updated regularly with special collections and new items; fans should download the KFC App to be the first to know about future collections and new merch additions.
A subsidiary of Yum Brands, KFC operates more than 28,000 restaurants in more than 150 countries across the world.
Yum! Brands Inc has reported for the fourth-quarter and year ended December 31, 2022.
The group recorded 4th quarter GAAP EPS was $1.29, an increase of 17%. Fourth-quarter EPS excluding Special Items was $1.31, an increase of 29%. Full-year GAAP EPS was $4.57, a decrease of (12)%. Full-year EPS excluding Special Items was $4.51, an increase of 1%. Full-year GAAP Operating Profit growth was 2%. Full-year Core Operating Profit1 growth was 6%, including a 2-point headwind from the removal of Russia profits.
“2022 was a landmark year for Yum! as we beat our own industry record for unit development, opening an incredible 4,560 gross new units. Despite a challenging environment, we achieved widespread system sales growth of 8% excluding Russia with $24 billion in digital sales, demonstrating that our iconic brands are more relevant, easy and distinctive than ever,” shared David Gibbs, CEO.
Worldwide system sales grew 8% excluding foreign currency translation, with KFC at 6%, Taco Bell at 14%, and Pizza Hut at 4%.
The brand also repurchased 4.1 million shares totalling $486 million at an average price per share of $119.
Foreign currency translation unfavourably impacted divisional operating profit by $42 million.
KFC Division opened 997 gross new restaurants during the quarter, Taco Bell Division opened 253 gross new restaurants and Pizza Hut Division opened 571 gross new restaurants during the quarter.
“Our fiscal 2022 results delivered on our raised long-term growth algorithm with record-setting net new unit growth and 4% same-store sales growth. Despite inflationary pressures and a 2-point negative impact from Russia, we delivered 6% Core Operating Profit growth – a testament to the strength of our enterprise. We remain focused on executing the strategies underlying our Recipe for Good Growth to drive our business forward. I'm also pleased to announce our Board of Directors approved an increased quarterly dividend of $0.605,” added Chris Turner, CFO, Yum! Brands.
KFC India has joined hands with the Hero Indian Super League (ISL) as the official partner this season.
As a part of this collaboration, football fans will get a chance to enjoy the first-ever KFC Street Football – a unique platform for young football enthusiasts across the country to showcase their talent to millions of viewers.
“Football culture in India has been growing rapidly and leagues like Hero ISL bring fans closer to the sport. Joining the frenzy with KFC Street Football, we promise football fans an exciting opportunity to showcase their talent on national television, at the biggest league in the country,” shared Moksh Chopra, General Manager, KFC India.
KFC Street Football will be scouting for players with some cool moves & great footwork across 5 cities of Bengaluru, Mumbai, Chennai, Kolkata & Kochi.
Indian football legend Baichung Bhutia was present at the inaugural match on the 3rd of December in Bangalore and cemented this association while announcing the biggest and most anticipated football championship in the country. Popular Indian Rapper, Siri, was also present on-ground to enliven the game with her bars and add to the spirit of the sport.
Talking about the association, Indian Football phenom Bhaichung Bhutia said “India has an unexplored reservoir of football talent, especially at the grassroot level. With KFC’s partnership with the Hero Indian Super League and the introduction of KFC Street Football we are looking at the first-ever platform in the country that allows young football enthusiasts to showcase their talent to a national audience. I am thrilled to announce this unique collaboration and look forward to an amazing gaming season this year.”
Starting December, football fans across the country will be asked to post online videos showcasing their footwork and freestyle moves using the hashtag #KFCStreetFootball. That’s not all, spectators will also have a chance to take part in on-ground challenges including The Dribble Challenge, the KFC Bucket Challenge, and the Freestyle Challenge at the KFC Selection Zone. The top 3 will get a chance to showcase their skills live during each game, at half time, where a life-size KFC Bucket will take center-stage. These performances would be aired on Star Sports giving young talent a national audience.
After going through all the performances, a panel of freestylers and coaches will choose the final 15 contestants to play in the Battle of the Streets Finale based on individual innovation, style, and flair. The final 5 teams will have 3 players in each team who will be the best from the 150 enthusiasts who get a chance to perform at the half time street football challenge.
Starting off the first 5 games in Bangalore, Chennai, Kolkata, Kochi, and Mumbai with a performance by rap artists from each of these cities, all the matches will be broadcast in the following home game of that venue.
For the first time in what undoubtedly is the most epic collaboration of 2022, KFC India partners with Nestle to delight fans with the KFC Popcorn Bowl Made with Maggi.
The two iconic brands have joined hands to create the one, the only, the crunchiest and slurpiest combo of KFC’s signature Chicken Popcorn & Maggi noodles in one perfect bowl!
Bringing together hot, steaming, deliciously masaledaar and so so slurpy Maggi noodles, with flavorful Chicken Popcorn, tender on the inside but unbelievably crispy on the outside, this limited time bowl of happiness is sure to add much crispiness to your undying love for Maggi noodles & KFC Chicken.
“Both Maggi and KFC are iconic brands that consumers love and truly enjoy. The coming together of this epic collab was therefore very much on the cards, and perhaps something that our fans always hoped for. We are thrilled to offer KFC & Maggi fans the limited-edition KFC Popcorn Bowl Made with Maggi,” shared Moksh Chopra, GM, KFC India.
The bowl comes in two distinct much-loved flavours – with Chicken Popcorn & Veg Patty - and is sure to get you slurping & crunching. The Chicken popcorn bowl starts at INR 159/- while the Veg patty bowl starts at INR 129/-.
This crunchy masala packed innovation will be available across all 600+ KFC restaurants in the country. You can get your bowl of happiness in a completely contactless & safe manner - through delivery, takeaway, KFC to your Car/Bike and during dine-in. All KFC favorites can also be easily ordered on the all-new convenient KFC app, available on Google Play and the App Store.
Devyani International that operates KFC, Pizza Hut and Costa Coffee in India reported a net profit of 28.6% to Rs 58.76 crore.
It also saw a 44.8% jump in revenue from operations to Rs 747.43 crore in Q2 FY23 over Q2 FY22.
Consolidated profit before exceptional items stood at Rs 70.05 crore in quarter ended 30 September 2022, registering a growth of 46.36% from Rs 47.86 crore posted in Q2 FY22. The company reported an exceptional item of Rs 11.29 crore in Q2 FY23.
EBITDA improved by 34.23% to Rs 165.5 crore in Q2 FY23 from Rs 123.3 crore in Q2 FY22. EBITDA margin stood at 22.1% in Q2 FY23 as compared to 23.9% reported in same period last year.
“DIL opened 88 net new stores in Q2 FY23, which is the highest store openings recorded in a quarter, taking the total count to 1,096 as of 30 September 2022,” shared the BSE filing.
According to the filing, KFC revenue grew by 47% year on year to Rs 443 crore, while Pizza Hut expanded by 36% year on year to Rs 1,81.2 crore.
Brand contribution at KFC came in at 21.5%, while Pizza Hut stood at 17%.
“I am pleased to share that DIL has maintained its store expansion pace and opened 88 net new stores in the quarter - the highest ever. We are making consistent progress in expanding our reach and investing in our Core Brands to capitalize on the growth opportunities available,” shared Ravi Jaipuria, Chairman, Devyani International.
He also shared that in line with the brand’s strategy, they have continued their focus on consolidating their presence in metro cities along with the expansion in non-metros towns.
“At the end of Q2, our total store count stood at 1,096 stores across our portfolio, with a split of 52% in non-metros and 48% in metro cities,” he added.
Devyani International is the largest franchisee of Yum Brands in India that operates 884 stores across more than 224 cities in India, Nigeria and Nepal, as of 31 December 2021. In addition, DIL is a franchisee for the Costa Coffee brand and stores in India.
Shares of Devyani International declined 1.44% to Rs 184.70 on the BSE.
Operator of KFC, Taco Bell, Pizza Hut and Hobbit Burger globally, Yum! Brands has recorded a strong Q3 result driven by high performance at KFC and Taco Bell.
The brand also missed Wall Street’s earnings estimates and has beaten quarterly revenue expectations.
Same store sales rose at its KFC, Pizza Hut and Taco Bell chains. Yum executives said that consumers generally haven’t been changing their behavior, and that more premium menu items in the U.S. are proving popular.
Yum! Brands overall system sales grew at 7 per cent whereas that of KFC, Pizza Hut and Taco Bell grew at 8, 9 and 4 per cent respectively.
Same store sales at KFC and Taco Bell that performed better this quarter rise at 7 and 6 per cent respectively.
Total system sales of Yum! Brands stood at $14,543 mllion.
Third quarter also reported net-new unit growth of 644 stores.
Present in over 293 countries, Yum! Operates 53,994 restaurants across globe.
Yum! Brands, Inc. (NYSE: YUM) has announced an update on its ongoing process to exit the Russian market.
Yum! Brands has entered into a sale and purchase agreement to transfer ownership of its Russian KFC restaurants, operating system and master franchise rights, including the network of KFC franchised restaurants, to Smart Service Ltd., operated by one of the Company’s existing KFC franchisees in Russia, Konstantin Yurievich Kotov and Andrey Eduardovich Oskolkov.
Under the agreement, the buyer will be responsible for rebranding locations to a non-Yum! concept.
In addition, the buyer will be responsible for retaining the Company’s employees in Russia.
Completion of the transaction is subject to regulatory and governmental approvals, as well as other conditions agreed to by the parties.
Following the completion of the transaction, Yum! Brands will have ceased its corporate presence in Russia.
This builds on Yum! Brands’ prior announcement that it was transferring ownership of KFC to a local operator in Russia. In addition, the Company previously announced that it had completed the transfer of ownership of all Pizza Hut franchise assets to a local operator who initiated the process of re-branding locations to a non-Yum! concept.
In an effort to extend an enhanced, digital-first customer experience, KFC India recently announced the launch of KFC Smart Restaurants across India.
A first for the country, the all-digital restaurants are located in Hyderabad, Gurgaon, Chennai and Bengaluru, and are powered with state-of-the-art self-ordering kiosks.
Equipped to facilitate multiple payment options, consumers at these restaurants are encouraged to order themselves & pay digitally; thus, making access to their Bucket of KFC Chicken much easier & faster. With an aim to continue building restaurants of the future, the brand plans to launch 10 more such restaurants by the end of the year.
“Our consumers are increasingly turning to the digital medium - from food to gaming, from their relationships to their careers, or simply to spend free time. According to reports, digital users in India have more than doubled over the last 5 years and millennials are now spending around eight hours per day online. Strengthening our commitment to being easily accessible to our consumers, we have been on a deliberate journey from CX to DX - enhancing customer experience through digital means,” shared Moksh Chopra, GM, KFC India.
KFC Smart Restaurants will replace the traditional ordering counter with easy-to-use ordering kiosks with multiple digital payment options, and an accompanying QR code, for quick and easy mobile-based payments.
Customers will also be able to order directly from their table, by scanning the QR code, powered by the KFC Smart App, on their phones, and can pick up their order once ready.
To make the customer journey even smoother, there will be a host to guide and help customers through the ordering process.
KFC is shaking up its menus with the release of its new Kentucky Fried Chicken Wraps in select Atlanta restaurants for a limited time, starting today.
Kentucky Fried Chicken Wraps are available in three mouthwatering options – The Classic Chicken Wrap, Mac & Cheese Chicken Wrap and Spicy Slaw Chicken Wrap.
"With our new wraps, our fans in Atlanta are bound to experience a burst of finger lickin' good flavor with every bite, whether it be from the crunch of our Extra Crispy™ Tenders, the bold heat from our spicy sauce or the richness of our cheesy mac & cheese," said Chef Chris Scott, Head Chef, KFC U.S.
KFC fans have made it loud and clear that they miss KFC fried chicken wraps. There have been over 42,500 mentions on Twitter within the past two years around fans craving wraps, making it a highly anticipated menu item for snackers and KFC fans alike.
KFC's Kentucky Fried Chicken Wraps are available now at participating KFC locations only in Atlanta and surrounding areas such as Decatur, Duluth, Suwanee and more.
The new lineup of finger lickin' good wraps put a delicious new spin on KFC Twister Wraps – a popular menu item that has been on the comeback wish list for KFC fans across the U.S. since 2014.
KFC operates more than 26,000 KFC restaurants in more than 150 countries and territories around the world.
KFC India has a ‘spicy’ surprise up their sleeves, or should we say, on their Bucket of Chicken! Presenting the all-new KFC Peri Peri Chicken.
This flavourful twist is available in variants of Hot & Crispy Chicken & Chicken Strips.
This latest offering by KFC was launched by none other than superstar Allu Arjun as he grooved with Colonel Sanders in the campaign film, declaring KFC’s Chicken Peri Peri is Sooper Very Very!
This limited time offering from KFC is available across all restaurants in the country and on delivery through the KFC App & Website.
“Inspired by the African Bird’s Eye chile, the Peri Peri sprinkle adds a dash of spice to your KFC favourites. The distinct bright red coloring & strong aroma of Peri Peri, drizzled to perfection over crispy, crunchy KFC Chicken, draws you in for a spicy delight. Once you’ve savoured a Bucket of Peri Peri Chicken, it leaves you with an enjoyable experience and a mild fiery after-taste that lingers on,” shared the KFC release.
A subsidiary of Yum! Brands, Inc. (NYSE: YUM.), KFC is a global chicken restaurant brand that operate more than 26,000 restaurants in over 145 countries and territories around the world.
QSR chain KFC has put its iconic bucket in the virtual world as a trendy, collectible NFT - a first for the brand as well as for the QSR industry in India.
With this launch, the brand has established its presence in the fast-growing Web 3.0; celebrating a core element of the brand - its signature Bucket - reimagined in an exciting new virtual avatar.
Curated from designs by budding artists across the country, the vibrant KFC BuckETH was dropped earlier today with an Instagram Live hosted by actor, writer and comedian, Danish Sait, along with well-known fin-fluencer, Sharan Hegde.
With thousands of people logging in to witness the launch, KFC-lovers also stand a chance to win KFC BuckETH and become a part of the brand’s story in the country.
“The Bucket is as iconic to KFC as the signature taste of our chicken. The Bucket is testimony to the brand’s heritage and has been an integral part of many celebratory moments for our customers. We are excited to usher the Bucket in a new way, in the new-age digital world, with our first NFT - KFC BuckETH - curated from vibrant designs by budding artists,” shared a KFC spokesperson.
Curated in partnership with Blink Digital on the Ethereum blockchain, KFC’s one-of-a-kind KFC BuckETH is a single collectible and will be hosted on OpenSea.
Yum! Brands has named Allyson Park to the role of its Chief Corporate Affairs Officer, effective August 15, 2022.
An accomplished corporate affairs leader with more than 25 years of strategic communications and government relations experience, Park will have oversight of all aspects of the Company’s Communications, Public Policy and Government Relations, Corporate Social Responsibility and Environmental, Social and Governance (ESG) teams.
Park will join the Company’s Global Leadership Team, and report to Yum! Brands Chief Operating Officer and Chief People Officer Tracy Skeans.
“Allyson’s proven record serving some of the world’s most recognizable brands makes her an ideal fit for the role of Yum! Brands Chief Corporate Affairs Officer, and she brings a wealth of expertise about business-critical functions,” said Skeans.
Park joins Yum! with deep experience across all aspects of communications and public affairs. Most recently, she worked for Mars, Incorporated serving as Global Vice President, Corporate Affairs, for Mars Wrigley. Prior to Mars, Park held five roles in The Coca-Cola Company including as Global Vice President of External Affairs. She began her career in agencies at Hunter PR and Jackson Spalding. A committed people grower, Park is dedicated to diversity, equity and inclusion. At Mars, Park served as the executive sponsor for business resource groups focused on supporting women and people of color.
“Yum!’s iconic brands, leadership team and reputation for emphasizing culture and embracing the value of people in its business strategy are just a few reasons why I’ve long admired the Company,” said Park.
Park holds a Bachelor of Science from the University of Florida, and she currently serves as an adjunct faculty professor in the university’s Public Relations department.
QSR chain KFC has introduced its new Kentucky Fried Chicken Nuggets in select restaurants in Charlotte, North Carolina as per a release.
Made with 100 per cent white meat, the nuggets are hand breaded with KFC's signature herbs and spices and the test for it began on July 18 for a limited time,
"While nuggets often come in small packages, that doesn't mean they should have small flavor. We wanted to introduce Nuggets with the flavor and ingredients that live up to our legacy as the original fried chicken experts," shared Nick Chavez, CMO, KFC US.
These nuggets comes in package of eight-pieces, 12-pieces and 36-pieces order.
"Our Kentucky Fried Chicken Nuggets offer a new way to enjoy our distinctive 11 herbs and spices and will have you saying, now that's 'Finger Lickin' Good,” pointed Chavez.
KFC operates more than 26,000 restaurants in more than 145 counties around the world.
Global QSR chain KFC has announced key changes to its leadership team in India. Moksh Chopra has been elevated as the General Manager for KFC India BMU (Nepal, Bangladesh, Sri Lanka and Maldives), effective July 15, 2022.
He succeeds Samir Menon, who will take on the regional role of Managing Director of MENAPakT (Middle East, North Africa, Pakistan, Turkey) and India.
Samir and Moksh, along with the robust leadership team, have been instrumental in driving the stellar performance of KFC in India.
“I’m privileged & honoured to be leading the mandate for the brand in India. We have been driving significant growth in the India market with disruptive products, expanding our footprint with more than 600 restaurants, strengthening our regional outreach, increasing access and enhancing customer experience. I look forward to deepening KFC’s relevance, while retaining the distinctiveness KFC is known for - in India, with India,” said Moksh Chopra.
Speaking about his move Samir Menon said, “I am honoured and excited to be able to galvanize the strategy for KFC’s next chapter of growth for the MENAPakT & India region. While we continue to build on the strategic roadmap for India, I look forward to driving our global strategy and delivering long-term, sustainable growth for the brand, our teams, franchisee partners and customers. With Moksh’s rich experiences and excellence in strategic thinking, he has proven to be an incredible leader for KFC India BMU; and would continue to unlock potential for the brand.”
The KFC India BMU witnessed breakthrough growth under Samir’s stewardship, the brand has emerged as a leading QSR player in every country in the region. During his tenure as Chief Marketing Officer, Moksh Chopra has led and executed a winning formula for success for the brand across all the markets in the region, consistently delivering sales and category-leading brand metrics.
Both Samir & Moksh have been associated with the brand for over a decade now, and partnering closely with the forward-thinking leadership team, they have crafted the go-forward strategy for the India business, creating the roadmap for continued growth.
Yum! Brands is suspending operations of KFC company-owned restaurants in Russia and finalizing an agreement to suspend all Pizza Hut restaurant operations in Russia, in partnership with its master franchisee.
According to the Yum! Brands website, this action builds on their decision to suspend all investment and restaurant development in Russia and redirect all profits from operations in Russia to humanitarian efforts.
“Those humanitarian efforts include a $1 million donation from the Yum! Brands Foundation to the Red Cross to support those affected by the crisis, activating the Yum! Disaster Relief Fund to support Ukrainian franchise employees, and matching donations from employees to the following charities providing relief in Ukraine: UNICEF, Red Cross, World Food Programme and International Rescue Committee. In addition, our franchisees in the surrounding regions are providing food for refugees,” shared the release.
As always, Yum! Brands remain focused on the safety of their people in the region and will continue to support their teams in Ukraine while evaluating the ways Yum! Brands can make a positive impact in the region.
Yum Brands first opened KFC in Russia in 1995 and operate close to 1,000 restaurants.
QSR chain KFC has unveiled an innovative eating utensil that makes all your KFC favorites (literally) finger lickin’ good.
It is introducing KFC Finger Sporks, KFC’s new ergonomic and gastronomic piece of tableware-tech that’ll bring out the fun in family dinner.
The KFC Finger Sporks are a new spin on the original sporks that KFC helped popularize in the early 1970s when Colonel Harland Sanders adopted them as the utensil of choice for all of his Kentucky Fried Chicken restaurants. With features like precision prong articulation, anterior branding optimization and sporkasticity technology, KFC’s Finger Sporks make it more fun to scoop out your mac & cheese, retrieve that last piece of corn and delight in your mashed potatoes.
To use, simply place your finger in the KFC Finger Spork, dip said finger into your favorite KFC side item and then elevate the vessel into your mouth.
“KFC Finger Sporks are taking sides off the sidelines and putting them in the spotlight. Every detail of the innovative Finger Spork has been carefully crafted and pressure tested – by way of eating many KFC sides – for the optimal finger lickin’ good experience,” shared Nick Chavez, CMO, KFC US.
Fans interested in getting their fingers on (and in) a KFC Finger Spork can order a KFC Sides Lovers Meal via the KFC mobile app, KFC.com or at participating KFC locations starting June 21 through July 12 to receive two free KFC Finger Sporks, while supplies last.
With an aim to harness sustainable solutions and create a more positive impact on the planet, KFC India announces KFConscious.
A first for the QSR industry in India, the brand launched its most sustainable restaurant in T N Nagar, Chennai, as a mark in the brand’s commitment to grow sustainably, while being good stewards to the environment.
The restaurant design and operations integrate energy efficiency, usage of responsible materials and waste diversion.
“We are passionate about feeding a future with more purpose, and are committed to creating a better future for our customers, communities, and the environment. KFConscious has provided an impetus to our efforts in driving meaningful change and pioneering sustainable development in the restaurant industry,” shared Samir Menon, Managing Director, KFC India.
Another KFC outlet located in the Yamunanagar Expressway food court is marked by energy efficiency.
The brand aims to launch 20 more such restaurants by 2022, striving to enable consumers to enjoy their KFC favourites in a much more responsible manner.
KFC India has made significant progress on its sustainability journey till date, further strengthened by the launch of KFConscious:
§ Renewable Energy: The solar panels at the restaurant in Chennai will help save about 18,000 units of power every year, thereby reducing carbon emissions from electricity consumption.
§ Water wastage: Recycling water is a practice across most KFC restaurants in the country; with KFConscious, 100% of the rejected water from the RO is utilized in flushing systems in the washrooms, ensuring 0% water wastage at the Chennai restaurant
§ Energy efficiency: The usage of natural and LED lighting ensures increases energy efficiency. Energy management system in the kitchen ensures optimized use of electricity. Further, use of inverter type air conditioning ensuring 30% reduction in energy consumption.
§ New Environmentally Friendly Materials: Eco-friendly materials such as sustainable laminate and local clay tiles for wall finishes.
§ Promoting sustainable lifestyles: Customers are motivated towards low-carbon behaviours, such as bringing their own carry bag for takeaway orders; with plans going forward to provide bicycle racks and EV charging stations. The brand tested e-cycles for food delivery at select restaurants in Gurgaon, Kolkata and Bangalore contributing to minimizing carbon emissions.
The efforts with KFConscious align with KFC’s global commitment of reducing greenhouse gas emissions 46% by 2030. This is in addition to a sustainability commitment of all plastic-based, consumer-facing packaging to be recoverable or reusable by 2025.
It’s that time of the year when we are all divided over jersey colours, but united over a Bucket of KFC chicken. And who would’ve thought all that loud cheering & screaming (even over the last piece of KFC Chicken) could win you more of your KFC favourites?
QSR chain KFC has come up with first-ever voice-activated mega offer on the KFC App - Howzzat!
Download the KFC app, click on the ‘Howzzat’ banner on the home screen and shout “Howzzat” as loud as you can; because the louder you cheer, the bigger the offer.
“We all know how KFC is the perfect companion for cricket matches. And now we’ve taken this partnership a notch, or rather, few decibels higher. A first for the QSR category, we have introduced an app-exclusive voice enabled offer that encourages fans to shout ‘Howzzat’,” shared Moksh Chopra, CMO, KFC India by adding that the louder they cheer, the higher the discount.
Developed in partnership with Isobar, the Howzzat feature is now available on the KFC app till 29th May.
Score some extra discounts as you build your order, much like the extras adding up to your team’s score. Throughout the cricket season, consumers can win cash-off discounts of up to 40%.
“Increasingly voice marketing is forming an integral part of any digital marketing comms. While we had fun working on it with KFC, the idea was to ensure consumers have as much fun while ordering their favourite KFC chicken. Using technology, we enabled consumers to use the power of their voice to win discounts – the louder they cheered, the bigger the discount,” added Aalap Desai, CCO Isobar & Taproot India.
QSR chain KFC has opened its latest design, dubbed "The Crystal Bucket," in Painted Post, New York.
As per a Qsrweb.com report, the building features a modern curved design, light-filled windows with floor-to-ceiling glass and simple hanging glass pendants with a cathedral wood ceiling.
The restaurant is spread across 2,542 square-foot that covers 40 seat.
Guests will find the latest design features from KFC's new Next Generation concept, such as bow tie chairs, built-in 'Quick Pick-Up' shelving, and signage and dedicated parking for KFC app or KFC.com orders.
"Distinctive and original, just like the iconic bucket, this new KFC features a unique design fitting for a region known for innovation," shared Tonya Mangels, VP- Marketing Activation for franchisee KBP Brands, said in the press release.
The building, previously a bank, holds a vault door that houses KFC's proprietary herbs and spices.
KFC operates over 26,000 restaurants in over 145 countries and territories around the world.
QSR chain KFC has teamed up with TikTok creator Isaiah Garza to launch the #KentuckyFriedGivingChallenge, a grant fund that will give away $500,000 in cash grants to nonprofits fighting hunger in communities across the U.S. via TikTok.
Similar to its very own Colonel Sanders, who believed in never passing anybody up and once gave a hitchhiker who happened to be a college student a ride and a full scholarship, KFC was inspired by TikTok's Creator Fund and philanthropic creators like Isaiah, best known for spreading positivity and changing lives through random acts of kindness on TikTok, to create the unique grant program.
"TikTok has become an influential platform for creators with a passion for philanthropy. That passion is precisely what inspired us to create the #KentuckyFriedGivingChallenge, the first-ever grant program on TikTok benefiting nonprofits," said Nick Chavez, chief marketing officer, KFC U.S.
KFC will award $40,000 to 11 nonprofits. Then, between April 8–14, fans will have the chance to cast their vote for one of the 11 finalist videos where the grand prize-winning nonprofit will be awarded an additional $60,000.
"As a creator with a cause, I know what it is like to be homeless and hungry,'' said Isaiah Garza. I am excited to partner with KFC for the #KentuckyFriedGivingChallenge on a mission to inspire other TikTok creators to do amazing work in helping fight hunger and homelessness within their own communities. It truly is an opportunity of a lifetime for me to make this kind of social impact."
KFC has a long history of feeding and supporting local communities through food and grant donations. In recent years, KFC donated over three million pieces of chicken and partnered with notable nonprofit organizations like Meals on Wheels and Big Brothers Big Sisters of America to feed frontline healthcare workers, students, teachers and homebound seniors in need.
Australia's first on-demand drone delivery service Wing has partnered with QSR chain KFC to pilot a drone delivery service to deliver Kentucky Fried Chicken, and a range of hot and fresh menu items, direct to homes and workplaces in Logan, Queensland.
The drone delivery pilot, an Australian-first for KFC, will initially be available to a small number of households in the South East Queensland suburbs of Kingston, Logan Central, Slacks Creek, Underwood, and Woodridge, and service will gradually expand to include other nearby locations.
“We’re always looking for ways to enhance the customer experience, so we’re thrilled to be teaming up with Wing to provide the Logan community this Aussie first,” said Kristi Woolrych, CMO, KFC Australia by adding that in the last 18 months, Australians have relied on delivery more and more, so it’s great to be making life easier for fans who want to get their hands on KFC in a flash.
Customers can simply download the Wing delivery app from the App Store or Google Play, enter their address, and submit their order. Their KFC food items will be prepared fresh by the KFC team at the Wing delivery site, for delivery within minutes by drone, with no delivery fee -- now that's finger clickin’ good!
This new partnership with Wing will enhance KFC’s delivery offering, providing a new option for customers to have their tasty favourites delivered by air.
“We’re excited to be teaming up with KFC, to expand their delivery options for customers by taking its customer favourites to new heights, through the skies of Logan, Queensland -the drone delivery capital of the world,” Dave Ojiako-Pettit, Wing’s City Manager, Queensland that has seen a significant increase in use of their on-demand drone delivery service in South East Queensland. Wing made more than 100,000 deliveries to the Logan community in 2021, with many customers finding on-demand drone delivery especially useful as they stayed home, and relied on our contactless service to deliver the things they needed.
In partnership with Collins Food Limited, KFC Australia’s largest corporate franchise partner, a ‘cloud’ kitchen has been developed. This unique kitchen will freshly prepare KFC’s chicken ready for drone delivery, allowing customers to get their KFC within minutes – the ultimate convenience.
In another move to rejoice customers KFC has announced its biggest sandwich yet, and it's stuffed!
Starting February 1, customers can order the limited-edition larger than-life KFC Chicken Sandwich Snuggler exclusively on PillowPets.com for $99.99 while supplies last.
It is nearly three-foot KFC Chicken Sandwich stuffed pillow plushie just in time for the season of love.
The KFC Chicken Sandwich Snuggler is a delicious twist on 'KFC's best chicken sandwich ever,' and the perfect gift for those craving something cuddly, and quite frankly, a little bit outrageous, in the best way possible!
"We set a new standard for modern comfort food with the introduction of our KFC Chicken Sandwich last year," said Nick Chavez, CMO, KFC U.S. by adding that now fans can snuggle up with the sandwich they love the most.
The KFC Chicken Sandwich, which was introduced nationwide in January 2021 and quickly became a fan-favorite, was the inspiration behind this partnership with Pillow Pets.
Pillow Pets is known for creating fun and functional stuffed companions made of high quality, super soft plush fabrics that bring a sense of comfort and nostalgia to all age groups, and the KFC Chicken Sandwich Snuggler is no exception.
To enhance your cozy cuddling experience with your KFC Chicken Sandwich Snuggler, customers can enjoy two new mouthwatering KFC Chicken Sandwich meal deals on the KFC app and KFC.com.
Yum China Holdings, Inc, has announced that the Top Employers Institute has certified the company as a Top Employer China for the fourth consecutive year, with Yum China the only restaurant company named among the top 20 employers.
In 2021, as the challenges of COVID-19 continued, Yum China adhered firmly to its "People First" philosophy, further upgrading employee benefits and striving to support sustainable career development for over 400,000 employees.
"We are proud to be named as a Top Employer China for the fourth consecutive year, a recognition of our continuous efforts to create an industry leading sustainable workplace," said Joey Wat, CEO of Yum China by adding that he is grateful to his employees for the diligence and resilience they have shown in their day-to-day work.
Despite the challenges brought by the resurgences of COVID-19 outbreaks in 2021, Yum China continued to place top priority on the health and safety of employees and further upgraded employee benefits. This included upgrading medical insurance coverage for its approximately 10,000 Restaurant General Managers ("RGMs") and upgrading its "Family Care Fund" plan for the restaurant management team (RMT) and restaurant service team leaders, helping eligible employees and their families mitigate the financial risks brought by critical illness.
To further protect the health and safety of employees and customers, Yum China encourages and rewards employees to get vaccinated against COVID-19. As of the end of December 2021, over 90% of all Yum China employees were fully vaccinated.
"People is one of the three pillars of Yum China's sustainability strategy. The cmpany is committed to accelerating employee growth guided by our principle of Fair, Care and Pride," added Aiken Yuen, Chief People Officer of Yum China.
As of the end of September 2021, Yum China operated 11,415 restaurants and over 400,000 employees in over 1,600 cities across the country.
The Top Employers Institute program certifies organizations based on the participation and results of their HR Best Practices Survey. The survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Well-being and Diversity & Inclusion and more.
KFC and Beyond Meat® are kicking off the new year with a Kentucky Fried Miracle as the highly-anticipated plant-based Beyond Fried Chicken makes its nationwide debut in the US.
Beginning Monday, January 10, KFC restaurants across the country will offer Beyond Fried Chicken for a limited time.
The plant-based Beyond Fried Chicken was developed by Beyond Meat exclusively for KFC. It’s packed with delicious flavor and the juicy satisfaction that you’d expect from KFC’s iconic fried chicken but in a plant-based option that’s still finger lickin’ good.
“The mission from day one was simple – make the world-famous Kentucky Fried Chicken from plants. And now over two years later we can say, ‘mission accomplished,” shared Kevin Hochman, President, KFC US that first tested Beyond Fried Chicken in August 2019 as a part of a limited-run test in Atlanta.
In 2020, it expanded the test to select restaurants in Nashville and Charlotte.
“We couldn’t be prouder to partner with KFC to offer a best-in-class product that not only delivers the delicious experience consumers expect from this iconic chain, but also provides the added benefits of plant-based meat,” addded Ethan Brown, Founder and CEO, Beyond Meat.
A subsidiary of Yum Brands, KFC operates more than 26,000 KFC restaurants in over 145 countries and territories around the world.
KFC SA is opening the doors to their first-ever mega pop-up store, Kentucky Town that will host fans for 11 days from the 25th of November until the 5th of December 2021 at The Zone @ Rosebank.
In celebration of their milestone, the QSR chain is bringing fans a limited-edition Birthday menu that will only be available in the pop-up store which includes KFC meals that fans have never and may never see again.
The store will also be selling its famous original sauces, 'Zinger Sauce' and 'Dunked Sauce' as well as treats like Crispy Chicken Skins and the Doughnut Zinger Burger.
All proceeds from the pop-up store gear will be donated towards the KFC Add Hope initiative to help continue to provide nutritious meals to underprivileged children in South Africa.
One of the largest food chain in South Africa, KFC operate close to 900 outlets in the country.
KFC India has introduced all-new Express Pick-up service – assuring the customer’s order is safely packed, ready for pick-up, yet hot & delicious inside, in just 7-minutes!
You can now place your order at the restaurant or through the KFC app or website and it will be ready to be picked ‘tez’ in next 7 minutes.
“Our 7-minutes Express Pick-up service is all about offering great taste in a speedy manner. Making the brand and our offerings more accessible to our customers, while ensuring the signature KFC taste, has always been our priority. With innovative channels as KFC To Your Car/Bike and strengthening present channels with Contactless service in Delivery or Dine-in, Express Pick-up promises a new, delightful, and express experience for our customers. Hold on to those KFC-ravings then, just for 7-minutes,” said Samir Menon, Managing Director, KFC India.
Express Pick-up comes with the added assurance of KFC’s 4X Safety Promise of Sanitization, Screening, Social Distancing and Contactless service.
Place an Express pick-up order on the KFC app/website (www.kfc.co.in) or head to your nearest KFC restaurant to Express Pick-up your order of KFC favourites. And 7-minutes is all it takes, ‘cause this is KFC’s promise of ‘Taste Amaze, Mile Tez’.
The initial public offer of Sapphire Foods India Limited, the largest operator of KFC and Pizza Hut outlets, was subscribed 6.62 times on the last day of subscription on 11th November.
The Rs 2,073-crore IPO received bids for 6,39,45,000 shares against 96,63,468 shares on offer, according to BSE data.
The portion for Qualified Institutional Buyers (QIBs) was subscribed 7.50 times, while those for Retail Individual Investors (RIIs) 8.70 times and non institutional investors 3.46 times.
Also Read: 6 things to know before you take a bite of Sapphire Foods IPO
The company's initial public offer (IPO) was of up to 1.75 crore (1,75,69,941) equity shares and it fixed the price band at Rs 1,120-1,180 per share. Sapphire Foods India Ltd on Monday raised Rs 933 crore from anchor investors.
An omni-channel restaurant operator and the largest franchisee of Yum Brands in the Indian sub-continent, Sapphire Foods is backed by marquee investors such as Samara Capital, Goldman Sachs, CX Partners and Edelweiss.
As of March 31, 2021, Sapphire Foods owned and operated 204 KFC restaurants in India and the Maldives, 231 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and two Taco Bell restaurants in Sri Lanka.
JM Financial, BofA Securities, ICICI Securities and IIFL Securities are the lead managers to the company's public issue. The equity shares of the company will be listed on BSE and NSE.
To celebrate the upcoming holiday season, Kentucky Fried Chicken® is unveiling winter's hottest dining accessory – a limited-edition and original (like our fried chicken recipe) Finger Lickin' Chicken Mitten Bucket Hugger – to turn your bucket of KFC's world-famous fried chicken into the ultimate holiday must-have.
What is a Finger Lickin' Chicken Mitten Bucket Hugger, you might ask? Well, it's a one-of-a-kind knitted sweater featuring a festive KFC holiday design that slides cozily onto a bucket of our world-famous fried chicken. What's more, slip your hands into its built-in mittens to safely carry your beloved fried chicken to the holiday potluck or to keep your fingers toasty while enjoying your bucket meal outdoors with friends and loved ones.
Starting November 9 through November 11, while supplies last, customers who order a qualifying KFC bucket meal for delivery or pickup on KFC.com or the KFC app will receive a confirmation email to claim their very own Finger Lickin' Chicken Mitten Bucket Hugger this holiday season.
This offer is only available online. No Finger Lickin' Chicken Mitten Bucket Huggers will be available in restaurants.
Customers can follow the below steps to claim their free Finger Lickin' Chicken Mitten Bucket Hugger beginning November 9:
Go to KFC.com or the KFC app and order a qualifying KFC bucket meal for delivery or pickup at your local KFC restaurant.
Once your KFC bucket meal order is placed, you will receive a confirmation email with a unique code and a link to claim your free Finger Lickin' Chicken Mitten Bucket Hugger.
When you click the "CLAIM NOW" button in the confirmation email, you'll enter your unique code and shipping information to receive your Finger Lickin' Chicken Mitten Bucket Hugger. You must claim your free Finger Lickin' Chicken Mitten Bucket Hugger by November 13.
All claimed Finger Lickin' Chicken Mitten Bucket Huggers will be shipped in December, so that you can enjoy the holidays in style!
For those who may miss out on the Finger Lickin' Chicken Mitten Bucket Hugger, never fear – more holiday fun from KFC is here. KFC's 2021 limited-edition holiday bucket design will arrive in U.S. restaurants by the end of November, which will add even more Extra Crispy™ warmth to your holidays. Since the 1960s, KFC restaurants around the world have created unique, holiday-themed buckets to celebrate the season.
In the spirit of continuing this time-honored tradition, the 2021 KFC holiday bucket features a "Winter Chickenland" scene celebrating the fun of the great outdoors fried chicken-fied! In Winter Chickenland, everything is finger lickin' good—crispy drumsticks hang from the trees like icicles as children play in the fluffy white mashed potato snow.
However you celebrate this year, you can get your favorite KFC bucket meals by visiting your local KFC restaurant or ordering ahead for delivery or pick up where available.
The largest franchisee of Yum Brands in India, Sapphire Food’s initial share-sale will open for public subscription on November 9.
The three-day initial public offering (IPO) will conclude on November 11, according to the red herring prospectus (RHP).
The initial share-sale will be entirely an offer-for-sale (OFS) of 17,569,941 equity shares by promoters and existing shareholders.
As a part of the OFS, QSR Management Trust will sell 8.50 lakh shares, Sapphire Foods Mauritius Ltd will offload 55.69 lakh shares, WWD Ruby Ltd will divest 48.46 lakh shares and Amethyst will offer 39.62 lakh shares.
In addition, AAJV Investment Trust will sell 80,169 shares, Edelweiss Crossover Opportunities Fund will offload 16.15 lakh shares and Edelweiss Crossover Opportunities Fund-Series II will divest 6.46 lakh shares.
According to market sources, the IPO is expected to fetch Rs 1,500-2,000 crore.
Backed by marquee investors such as Samara Capital, Goldman Sachs, CX Partners and Edelweiss, Samara Capital operate 204 KFC restaurants in India and the Maldives, 231 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and two Taco Bell restaurants in Sri Lanka.
JM Financial, BofA Securities, ICICI Securities and IIFL Securities are the lead managers to the company's public issue. The equity shares of the company will be listed on BSE and NSE.
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