In early, limited pilots of artificial intelligence (AI)-powered marketing campaigns, quick-service restaurant (QSR) company Yum Brands reportedly is seeing double-digit increases in customer engagement compared to traditional digital marketing campaigns.“I think it’s just the early start of what it could do,” Joe Park, chief digital and technology officer at Yum Brands,told The Wall Street Journal (WSJ) in an interview posted Friday (Nov. 15).Yum Brands, which owns Taco Bell, Pizza Hut, KFC and Habit Burge ...

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 September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-----------------------------------------------------------------------------------------|--------------------------------------| | For the transition period from ______ ...

Shares of Yum! Brands, Inc. YUM tanked in early trading on Wednesday, after the company reported downbeat third-quarter earnings.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.TD Cowen On Yum! BrandsAnalyst Andrew Charles maintained a Hold rating and price target of $145.Management said that Taco Bell momentum had continued into the fourth quarter, driven in part by Cheesy Street Chalupas, the relaunch of the Cheeze-It platform and the $7 Luxe Craving ...

YUM! Brands, Inc. (YUM) reported lackluster third-quarter 2024 results, with adjusted earnings and total revenues missing the Zacks Consensus Estimate. On a year-over-year basis, the bottom line declined, while the top line grew.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Following the earnings release, YUM stock inched up 0.3% in the pre-market trading session on Tuesday.The top-line performance reflects solid contributions from the company’s Taco Bell and KFC divisions. The in ...

Key TakeawaysTaco Bell sales help offset weakness in other Yum! Brands franchises, boosting shares of the company.Same-store sales at Taco Bell advanced 4%, while they dropped 4% at KFC and Pizza Hut.CEO David Gibbs said the fast-food restaurant chain's results were impacted by geopolitical conflicts and a weak consumer environment. Shares of Yum! Brands (YUM) advanced as the restaurant chain operator got a boost from its Taco Bell franchise. In the third quarter, Taco Bell same-store sales rose 4%. That h ...

Yum! Brands, Inc. (NYSE:YUM) Q3 2024 Earnings Conference Call November 5, 2024 7:45 AM ET Company Participants Matt Morris - Head, Investor Relations David Gibbs - CEO Chris Turner - CFO Conference Call Participants Gregory Francfort - Guggenheim Securities Brian Bittner - Oppenheimer Jon Tower - Citi Dennis Geiger - UBS David Palmer - Evercore ISI John Ivankoe - JPMorgan David Tarantino - Baird Operator Welcome, everyone, to the Yum! Brands 2024 Third Quarter Earnings Call. My name is Lauren, and I will be ...

Yum Brands (YUM) reported $1.83 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.9%. EPS of $1.37 for the same period compares to $1.44 a year ago.The reported revenue represents a surprise of -3.34% over the Zacks Consensus Estimate of $1.89 billion. With the consensus EPS estimate being $1.41, the EPS surprise was -2.84%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Yum Brands (YUM) came out with quarterly earnings of $1.37 per share, missing the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.84%. A quarter ago, it was expected that this parent company of KFC, Taco Bell and Pizza Hut would post earnings of $1.32 per share when it actually produced earnings of $1.35, delivering a surprise of 2.27%.Over the ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Yum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street's expectation as same-store sales at KFC and Pizza Hut slid more than expected.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.37 adjusted vs. $1.41 expectedRevenue: $1.83 billion vs. $1.90 billion expectedYum reported third-quarter net income of $382 million, or $1.35 per share, down from $416 million, or $1.46 per share, a year ea ...