facebook pixal

Habit Burger Grill

Financing

Why Yum Brands could acquire another restaurant chain

The Bottom Line: The CFO for the owner of KFC, Pizza Hut, Taco Bell and Habit said the company is “always scanning opportunities.”

Financing

Yum Brands still has high hopes for Habit Burger

The Bottom Line: The fast-food operator bought the fast-casual burger chain in 2020, just before the world changed. But CEO David Gibbs says the concept has been its “biggest success story.”

The owner of KFC, Taco Bell, Pizza Hut and Habit opened nearly 4,200 new restaurants worldwide last year, which the company says is an industry record.

Taco Bell, Pizza Hut and Habit Burger all saw sales recover over 2019 levels while the company opened a record number of global restaurants.

The tightening of chicken supplies is making it difficult to keep up with demand. Sister chains Pizza Hut, Taco Bell and Habit all saw sales grow over 2019 levels.

Yum Brands, which also owns KFC, Pizza Hut and Habit, plans to reduce emissions by 46% by 2030.

Yum Brands has a deal to acquire Kvantum, which uses artificial intelligence to understand consumer insights and marketing performance.

Taste Tracker: Boston Market launches a chicken sandwich, Panda Express brings back a Chinese New Year signature, Panera adds two new flatbreads and wings take off in new flavors and formats.

The company closed on its purchase of the fast-casual chain just before the pandemic hit, but the chain has proven to be resilient in the months since.

With off-premise orders skyrocketing during the pandemic, which chains are doing the best job of delivering quality food?

  • Page 1