Yum! Brands Inc. has been leveraging
AI-powered marketing tactics, significantly boosting customer engagement, thereby helping to drive transactions. In Q3, the company succeeded in taking 2 million orders via Voice AI. Looking ahead, the corporation plans to expand this technology to numerous Taco Bell U.S. drive-thru locations in 2024. Furthermore, a
digital innovation is being served up through their recent acquisitions that are developing a solid foundation for AI advancements. Notably, Yum! Brands is making progress in the realm of carbon reduction and equality, aiming for gender parity and implementing an AI-first strategy. However, the corporation reported a surprise fall in global sales due to struggles with its KFC chain in the U.S. The company's Q3 earnings did not meet estimates primarily caused by the same-store sales decline of KFC and Pizza Hut. The
CLO of Yum! Brands will exit the company after serving 17 years. Nevertheless, the strength of Taco Bell sales has brought optimism, lifting the company's shares despite the shortfalls. Yet, concerns remain over Yum! Brands' 2025 virgin plastic reduction target. Finally, due to an E.coli outbreak at McDonald's, Yum! Brands has stopped using onions in meals.
Yum! Brands YUM News Analytics from Mon, 01 Apr 2024 07:00:00 GMT to Fri, 03 Jan 2025 08:32:00 GMT -
Rating -2
- Innovation 6
- Information 7
- Rumor 2
