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Yum!(YUM) - 2024 Q3 - Quarterly Results
2024-11-05 12:01
NEWS Yum! Brands Reports Third-Quarter Results Taco Bell U.S. Same-Store Sales Growth +4%; KFC International Unit Growth +9% Digital Sales Mix Exceeding 50% Louisville, KY (November 5, 2024) - Yum! Brands, Inc. (NYSE: YUM) today reported results for the third quarter ended September 30, 2024. Worldwide system sales, excluding foreign currency translation, grew 1% reflecting 5% unit growth. Third-quarter GAAP operating profit grew 1% and third-quarter core operating profit grew 3%. Third-quarter GAAP EPS was ...
Yum! Brands Stock Before Q3 Earnings: Is it a Buy, Sell or Hold?
ZACKS· 2024-11-01 15:16
Yum! Brands, Inc. (YUM) is slated to release third-quarter 2024 results on Nov. 5, before the opening bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 2.3%. YUM surpassed earnings estimates in two of the trailing four quarters and missed twice. The average surprise in this period is 0.8%, as shown in the chart below. Image Source: Zacks Investment ResearchStay up-to-date with all quarterly releases: See Zacks Earnings Calendar.YUM’s Q3 Estimate RevisionsThe Zack ...
Countdown to Yum (YUM) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-10-31 14:20
Wall Street analysts expect Yum Brands (YUM) to post quarterly earnings of $1.41 per share in its upcoming report, which indicates a year-over-year decline of 2.1%. Revenues are expected to be $1.89 billion, up 10.6% from the year-ago quarter.The current level reflects a downward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company ...
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
$5 Original Recipe Tenders Box* Rolls Out Nationwide and KFC Gives a Free Taste of the New Tenders to Lucky Onlookers on Competitors' TurfLOUISVILLE, Ky., Oct. 14, 2024 /PRNewswire/ -- The chicken wars began five years ago with the chicken sandwich, but that's old news. Today, the chicken tenders battle begins as KFC introduces new Original Recipe® Tenders – a tender so juicy, so crispy and so packed with flavor. KFC's new Original Recipe Tenders are not like other chicken tenders – they are double hand-bre ...
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 ...