KFC, Yum! Brands and Texas
KFC, formerly known as Kentucky Fried Chicken, is officially leaving the state it’s named after. The fast food chain’s parent company, Yum! Brands, announced on Tuesday that KFC will be moving its corporate headquarters to Texas.
Shares of Yum! Brands Inc. YUM rallied 1.80% to $150.96 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.43% to 6,117.52 and Dow Jones Industrial Average DJIA falling 1.
Kentucky Fried Chicken is about to leave Kentucky as its owner, Yum! Brands said it would be leaving the state and opening two new brand headquarters in other states.
Restaurant Brands , beat fourth-quarter profit and sales estimates on Wednesday, as promotions boosted performance at Burger King while Tim Hortons benefited from steady demand for its Double Double and Iced Capp coffee.
KFC Yum! Brands has announced it is moving 100 jobs out of Louisville and relocating its KFC U.S. corporate offices to Plano, Texas.
Restaurant Brands International's strong Q4 results, digital innovation, and global growth strategy position it as a competitive investment. See more here.
Colonel Sanders is on the move. On Tuesday, Yum! Brands announced plans to designate two headquarters in the U.S., one in Plano, Texas, and one in Irvine, California.