KFC Parent Says Sales In Middle East Are Recovering -- Market Talk

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1146 ET - Yum Brands says that sales in the Middle East have been recovering. The restaurant operator that owns KFC, Taco Bell and Pizza Hut, says that the fried chicken chain is responsible for about 85% of its international profits. CEO David Gibbs says they're continuing to monitor changes in consumer behavior in the Middle East amid the conflict, but they've seen "meaningful improvements" and feel good about their recovery. KFCs in the Middle East, Turkey and North Africa saw an 11% increase in system sales growth compared to the first quarter last year, the company says in its earnings release. Gibbs says they had not seen any anti-American sentiment impacting stores in the Middle East. (roshan.fernandez@wsj.com)

(END) Dow Jones Newswires

April 30, 2025 11:46 ET (15:46 GMT)

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The restaurant operator that owns KFC, Taco Bell and Pizza Hut, says that the fried chicken chain is responsible for about 85% of its international profits. CEO David Gibbs says they're continuing to monitor changes in consumer behavior in the Middle East amid the conflict, but they've seen \"meaningful improvements\" and feel good about their recovery. KFCs in the Middle East, Turkey and North Africa saw an 11% increase in system sales growth compared to the first quarter last year, the company says in its earnings release. Gibbs says they had not seen any anti-American sentiment impacting stores in the Middle East. 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