Investing.com -- Yum! Brands (NYSE:YUM), the parent company of Taco Bell, anticipates an 8% growth in same-store sales for its Taco Bell unit in the first quarter.
The company also provided a glimpse into its future targets for Taco Bell. By 2025, it expects the restaurant’s margins to be between 24% and 25%.
Additionally, the company plans to add 100 new international units to Taco Bell’s portfolio by the same year.
Looking further ahead, Yum! Brands has set specific targets for Taco Bell for the year 2030. The company aims to increase the annual average unit volumes to $3 million.
Moreover, it plans to expand Taco Bell’s global presence to over 3,000 locations outside the United States.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.