The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor/analyst Austin Smith discusses topics across the investing world.

In today's edition, Austin discusses Yum! Brands' recent woes and response to its ailing Taco Bell line. The company has left a lot to be desired by neglecting its domestic business, but the recent accusations that its beef wasn't actually beef could be the spark that was needed for the company to revamp the Taco Bell chain.

Austin Smith owns shares of McDonald's. The Motley Fool owns shares of Chipotle Mexican Grill, Panera Bread, and Yum! Brands. Motley Fool newsletter services recommend Chipotle Mexican Grill, Jack in the Box, McDonald's, Panera Bread, and Yum! Brands. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.