Yum Brands, the parent company of Taco Bell, KFC, and Pizza Hut, faces a challenge as fast food prices continue to rise, resulting in weaker-than-expected sales in the fourth quarter. The pressure on lower-income consumers, a critical market for fast food chains, is causing a decline in sales growth.
Taco Bell unveils new menu, chef collab opportunity and a years worth of product announcements and partnerships at the fan event in Las Vegas during sports .
Yum Brands, the parent company of Taco Bell, KFC, and Pizza Hut, faces a challenge as fast food prices continue to rise, resulting in weaker-than-expected sales in the fourth quarter. The pressure on lower-income consumers, a critical market for fast food chains, is causing a decline in sales growth.
New York (CNN) — Taco Bell, KFC and Pizza Hut’s parent company is facing the same problem as its rivals: Fast food is getting too expensive and consumers are pushing