Burger King, KFC Owners Miss Results Estimates as Fast-Food Spending Wanes

Burger King parent Restaurant Brands and KFC owner Yum Brands missed market estimates for quarterly results on Tuesday, hit by weak demand in the United States and abroad from budget-stretched customers.

Consumers are relying on cheaper, home-cooked meals instead of eating out as fast-food prices have risen over the past year, hurting traffic across the industry.

As a result, restaurant operators have turned to aggressive promotions in an attempt to attract value-seeking customers. Burger...

KFC Global to Welcome New CFO

KFC Global today announced that Alex Barsk (she/her) will be joining KFC Global as our 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 our sister brand, Pizza Hut, where she most recently served as Global Chief Financial Officer...

KFC Introduces New "Taste of KFC Deals"- A Value Menu with Real Value- Starting at Just $4.99

KFC is bringing its beloved 11 herbs and spices to an all-new "Taste of KFC Deals" value menu available starting today, with flavor-packed meal deals starting at just $4.99*.

It's been 30 years since food ate up this much of people's incomes, and 56% of consumers are budgeting their finances more now due to inflation.** These deals are tailor-made to fit right into your loud budget – save on delicious fried chicken so you can spend more...

KFC Takes Finger Lickin' Good to a Whole New Level with New Saucy Nuggets in Five Dripping Flavors

KFC is getting saucy and taking its finger lickin' good chicken nuggets to a whole new level with NEW Saucy Nuggets, with five flavors available at KFC restaurants nationwide starting April 1! The news comes one year after KFC introduced its 100% white meat, hand-breaded chicken nuggets, which quickly became a crowd-pleaser.

For just $5.99,* you can get 10 of KFC's new Saucy Nuggets, dripping in one of FIVE delicious sauce flavors, including three brand-new sauces...

KFC Wraps are Back with Two New Flavors and You Can Get One for Free In the App with Purchase

Kentucky Fried Chicken® is bringing big flavor and a boost of joy this January by introducing two brand-new varieties of its popular two-for-$5 KFC Wraps lineup – Honey BBQ and Spicy Mac & Cheese. The new wraps join the Mac & Cheese Wrap recently introduced in November and the original Classic and Spicy Slaw Chicken Wraps. The five-wrap lineup offers something for everyone and is only available for a limited time, so try them while you can...