Rumors are flying about new items that are supposed to hit Taco Bell menus in February. It seems that there's an updated Crunchwrap on the horizon.

Taco Bell lovers, rejoice. Several new leaked menu items, including a new flavor of queso and a celebratory new churro, will likely drop later this month.

Yum Brands surpassed Wall Street estimates for fourth-quarter comparable sales on Thursday as value offerings from Taco Bell attracted budget-conscious U.S. consumers to the popular Tex-Mex chain, sending its shares up about 7%.

Results were fueled by strong sales for KFC's international restaurants and Taco Bell. Net sales climbed 16% to $2.36 billion, and the company's same-store sales rose 1%. Yum Brands on Thursday reported quarterly earnings and revenue that beat Wall Street estimates, fueled by strong sales for KFC's international restaurants and Taco Bell.