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What Analyst Projections for Key Metrics Reveal About Yum (YUM) Q1 Earnings
Zacks Investment Research· 2024-04-26 14:21
Analysts on Wall Street project that Yum Brands (YUM) will announce quarterly earnings of $1.20 per share in its forthcoming report, representing an increase of 13.2% year over year. Revenues are projected to reach $1.72 billion, increasing 4.6% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. ...
KFC® INTRODUCES NEW "TASTE OF KFC DEALS" - A VALUE MENU WITH REAL VALUE - STARTING AT JUST $4.99
Prnewswire· 2024-04-08 13:00
The finger lickin' good taste of KFC with deals every day, plus $10 TuesdaysLOUISVILLE, Ky. , April 8, 2024 /PRNewswire/ -- KFC is bringing its beloved 11 herbs and spices to an all-new "Taste of KFC Deals" value menu available starting today, with flavor-packed meal deals starting at just $4.99*.It's been 30 years since food ate up this much of people's incomes, and 56% of consumers are budgeting their finances more now due to inflation.** These deals are tailor-made to fit right into your loud budget – sa ...
Yum! Brands' (YUM) KFC Hits 30,000 Global Restaurants Milestone
Zacks Investment Research· 2024-03-13 15:31
Yum! Brands Inc. (YUM) is on a trajectory of remarkable growth as its flagship brand, KFC, reaches a significant milestone with the inauguration of its 30,000th restaurant in Rome, Italy. This achievement underscores KFC's relentless global expansion efforts since its inception in 1952. With an average opening of one restaurant every 3.5 hours worldwide, KFC's presence spans across 149 countries and plans to enter its 150th later this year.The strategic expansion solidifies KFC's position as the fastest-gro ...
Why Is Yum (YUM) Up 7.7% Since Last Earnings Report?
Zacks Investment Research· 2024-03-08 17:37
It has been about a month since the last earnings report for Yum Brands (YUM) . Shares have added about 7.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Yum due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. YUM! Brands Q4 Earnings & Revenue Miss EstimatesYUM! Br ...
Yum!(YUM) - 2023 Q4 - Annual Report
2024-02-19 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 1-13163 YUM! BRANDS, INC. (Exact name of registrant as specified in its charter) | North Carolina | | | 13-3951308 | ...
Yum! Brands, University of Louisville Launch 'Accelerating Growth' Executive Education Programs to Train Next Generation of Senior Franchise Leaders
Businesswire· 2024-02-13 12:30
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) and the University of Louisville today announced the launch of new “Accelerating Growth” executive education programs at the Yum! Center for Global Franchise Excellence. The new programs will focus on equipping operations leaders to take on senior management roles in franchise organizations, an area identified as a key opportunity by franchisees and leadership at the Yum! Center for Global Franchise Excellence, which has been providing educatio ...
Taco Bell Sees Record Digital Sales as Parent Yum Brands Invests in Tech
PYMNTS· 2024-02-07 18:26
Taco Bell parent Yum Brands is continuing its investment in digital technology.During a quarterly earnings call Wednesday (Feb. 7), CEO David Gibbs noted that digital sales were up 22%, as the company dealt with challenges, including conflicts in the Middle East and shifting consumer behavior.The trend was on display at Taco Bell, which saw a record digital sales mix during the quarter, at 31%, up seven points year over year. Kiosk sales were a large driver too, Gibbs said, up 15 points from the fourth quar ...
YUM! Brands' (YUM) Stock Down on Q4 Earnings & Revenue Miss
Zacks Investment Research· 2024-02-07 17:11
YUM! Brands, Inc. (YUM) reported fourth-quarter 2023 results, wherein both earnings and revenues missed the Zacks Consensus Estimate. Revenues missed the consensus estimate for the third straight quarter.Following the results, shares of the company declined 2.4% in the pre-market trading session on Feb 7.Earnings and Revenue DiscussionIn fourth-quarter 2023, the company's adjusted earnings per share (EPS) came in at $1.26, lagging the Zacks Consensus Estimate of $1.39. The metric decreased 5% year over year ...
Here's What Key Metrics Tell Us About Yum (YUM) Q4 Earnings
Zacks Investment Research· 2024-02-07 16:00
Yum Brands (YUM) reported $2.04 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 0.8%. EPS of $1.26 for the same period compares to $1.31 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.12 billion, representing a surprise of -3.79%. The company delivered an EPS surprise of -9.35%, with the consensus EPS estimate being $1.39.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...
Yum Brands (YUM) Q4 Earnings and Revenues Lag Estimates
Zacks Investment Research· 2024-02-07 14:11
Yum Brands (YUM) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.35%. A quarter ago, it was expected that this parent company of KFC, Taco Bell and Pizza Hut would post earnings of $1.26 per share when it actually produced earnings of $1.44, delivering a surprise of 14.29%.Over the ...