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Analysts Estimate Yum Brands (YUM) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-29 15:06
The market expects Yum Brands (YUM) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...
This Yum! Brands Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
Benzinga· 2024-10-16 19:24
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying YUM stock? Here’s what analysts think: Read More: ...
KFC Issues Battle Cry to Tenders Rivals - Introducing NEW Original Recipe® Tenders and Zesty Comeback Sauce from the Original Fried Chicken Brand
Prnewswire· 2024-10-14 13:00
Core Points - KFC is launching its new Original Recipe® Tenders, which are double hand-breaded and seasoned with a secret blend of 11 herbs and spices, marking the beginning of a new competition in the chicken tenders market [1][2][5] - The Original Recipe Tenders Box is priced at $5 and includes three tenders, Secret Recipe Fries, and two signature sauces [2][3] - KFC is introducing a new dessert, Cherry Pie Poppers, and a new drink, Cranberry Lemonade, to complement the tenders [6] Product Details - The Original Recipe Tenders are described as juicy, crispy, and flavorful, differentiating them from other chicken tenders [2][5] - The Tenders Box includes options for sauces: NEW Comeback Sauce, Sticky Chicky, and KFC® Sauce, enhancing the meal experience [3][4] - KFC is also offering a Tenders + Nuggets Family Meal Deal for $24.99, available exclusively on KFC.com and the KFC app [6] Marketing Strategy - KFC has launched a new ad campaign that takes a satirical approach to the competitive fast-food landscape, emphasizing the brand's confidence in its new product [3][5] - The company plans to engage customers by surprising them with free Original Recipe Tenders in select cities on October 17 [4][5] - KFC is promoting a 13 Days of Daily Deals event for KFC Rewards members leading up to Halloween, featuring discounts on various menu items [6] Company Background - KFC Corporation, based in Louisville, Kentucky, has been serving its Original Recipe® fried chicken since 1952 and operates over 30,000 restaurants globally [8]
Yum Brands Serves Up A Golden Cross, But Will The Rally Hold?
Benzinga· 2024-10-04 17:58
Yum Brands Inc. YUM has just whipped up a delicious technical feat with its latest Golden Cross—a bullish signal that has investors licking their chops!This bullish crossover happens when a stock’s short-term moving average rises above its long-term moving average, hinting at a potential upward trajectory. Chart created using Benzinga ProBut is this the start of a sustained rally or just a fleeting snack?YUM Stock’s Golden Cross – The Current Recipe For SuccessAs Yum Brands cooks up some impressive gains, ...
CSE Bulletin: Symbol Change - Inactive Designation - Komo Plant Based Foods Inc. (YUM)
Newsfile· 2024-08-23 17:16
Toronto, Ontario--(Newsfile Corp. - Le 23 août/August 2024) - The Exchange has determined that Komo Plant Based Foods Inc. (the “Issuer”) has not met the continued listing requirements as set out in CSE Policy 2, Appendix A section 2.9. Pursuant to Policy 6 section 2.4, the Issuer may not rely on confidential price protection, nor may the Issuer complete any financing without prior Exchange approval. In accordance with Policy 3, section 5.1, the .X extension is added to the listed securities of Issuers ...
Taco Bell UK launches Encore Hours, a brand-new initiative extending closing hours at select restaurants, so music fans don't need to choose between tunes and tacos
GlobeNewswire News Room· 2024-08-14 10:06
Piloting at Taco Bell Wembley High Road from 15th August to 20th August, Encore Hours will see select Taco Bell restaurants in the UK extend their opening hours to 2 a.m.On 15th August, the first 50 taco orders in-store during Encore Hours at Taco Bell Wembley High Road on launch night will receive a limited-edition Encore Hours t-shirt.Music fans will also be able to enjoy an exclusive Encore Hours promotion with the first 500 in-store orders placed by customers, after 11 p.m. each night, will receive a fr ...
Yum Brands: Valuation Appears Stretched
Seeking Alpha· 2024-08-13 06:22
Bjoern Wylezich/iStock Editorial via Getty Images Thesis Overview Driven by the sharp selloff of nearly 20% in McDonald's (MCD) stock from January through early summer, I issued a Buy rating on the company at $250 on a German platform. Since then, the stock has recovered up to around +10%. However, one noticeable aspect in a peer group comparison was the relatively high P/E ratio of competitor Yum Brands (NYSE:YUM). At the time of analysis around June, adjusted P/E was around 25, while those of market leade ...
KFC® Expands $5 Value Menu to Offer Customers More Options - Choose from Three Taste of KFC Deals
Prnewswire· 2024-08-12 13:00
KFC claps back in "Value Wars" with more deals for customers every day of the week this fall LOUISVILLE, Ky., Aug. 12, 2024 /PRNewswire/ -- KFC is rolling out brand-new $5 deals to its Taste of KFC menu to deliver finger lickin' good value and make KFC affordable for everyone. Starting today, the Taste of KFC Deals menu features three $5 offers:The value wars ramp up! Starting Aug. 12, KFC offers more value options on its Taste of KFC menu with three $5 offers: KFC Chicken Nuggets, Famous Bowl with KFC Chic ...
Yum!(YUM) - 2024 Q2 - Quarterly Report
2024-08-08 21:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended June 30, 2024 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 char ...
KFC Owner Yum Brands Sees Slower Sales Growth, Goldman Sachs Analyst Revises Forecast
Benzinga· 2024-08-07 19:00
Yum! Brands, Inc. YUM released earnings results for its second quarter Tuesday before the opening bell.Analysts covering the Louisville, Kentucky-based company provided their takes:Goldman Sachs analyst Christine Cho maintained the Neutral rating on Yum! Brands with a price forecast of $150.Piper Sandler analyst Brian Mullan reiterated the Neutral rating on Yum Brands with a price forecast of $140.BMO Capital Markets analyst Andrew Strelzik has a Market Perform rating on Yum! Brands, with a price forecast o ...