Yum! Brands, the US-based owner of KFC and Pizza Hut, has terminated its franchise agreements with Turkish operator IS Gida.

The termination will result in the temporary closure of 283 KFC and 254 Pizza Hut restaurants across the country.

Fintel reports that on January 10, 2025, Citigroup downgraded their outlook for Yum! Brands (NYSE:YUM) from Buy to Neutral.

Yum! Brands announced Wednesday that it terminated a partnership with 537-unit Turkey master franchisee IS Gida after the ...

Parent company Yum Brands terminated the master franchisee, IS Gida, saying the operator failed to meet the company’s ...

Yum! Brands, the owner of international fast food chains KFC and Pizza Hut, announced Wednesday that it terminated franchise ...

KFC and Pizza Hut internationally, meanwhile, could close a bunch of locations in Turkey. Yum Brands, the chains’ parent ...

In a report released today, Jon Tower from Citi downgraded Yum! Brands (YUM – Research Report) to a Hold, with a price target of $141.00.Stay ...

The parent company said the operator failed to meet its standards and is taking legal action pursuant to the terminated deals ...

Yum! Brands, Inc. (NYSE:YUM) shares remained relatively flat in premarket trading on Wednesday following the company’s ...

As previously reported, Argus upgraded Yum! Brands (YUM) to Buy from Hold with a $155 price target The firm sees same-store sales at Kentucky ...

U.S.-based restaurant operator Yum! Brands announced Wednesday that it has terminated its franchise agreements with Iş Gıda A ...