(Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company's KFC value deals and $2 Taco Bell burritos pulled in more inflation-weary consumers to its restaurants. Yum's shares rose 1.6% in morning trading. Menu price hikes at dine-in restaurants to keep up with surging costs have pushed consumers who want to eat out, but not exhaust their wallets, to fast food chains like KFC and Taco Bell where meals are more affordable and promotions more frequent.
Taco Bell parent Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, benefiting from price hikes and its value-oriented offerings at Taco Bell attracting. | November 2, 2022
(Reuters) -McDonald's Corp beat quarterly comparable sales estimates on Thursday, helped by higher menu prices and an increase in restaurant traffic f.
(Reuters) - Coca-Cola Co raised its annual revenue forecast on Tuesday, banking on demand to remain steady for its sugary sodas amid multiple price in.
By Uday Sampath Kumar and Granth Vanaik (Reuters) -Coca-Cola Co on Tuesday joined rival PepsiCo Inc in raising annual forecasts as the two top sugary soda makers benefit from multiple price increases that have so