Taco Bell Sets Its Sights on Urban Areas
Yum! Brands (NYSE: YUM) Taco Bell plans to expand its city-based "Cantina" concept, opening 300 to 350 more locations of the higher-end eatery by 2022.
These locations, which serve alcohol and don't have a drive-thru, offer an open kitchen and a more upscale menu than a traditional Taco Bell. Yum! plans to focus on big cities with the Cantina concept with at least 50 being opened in Manhattan, according to a Yum! press release.
Taco Bell has plans to open about 300 new Cantina locations by 2022. Image source: Taco Bell.
Source: Fool.com
Yum! Brands Inc. Stock
€128.65
-1.570%
Yum! Brands Inc. is currently one of the favorites of our community with 19 Buy predictions and no Sell predictions.
With a target price of 144 € there is a slightly positive potential of 11.93% for Yum! Brands Inc. compared to the current price of 128.65 €.
