Yum! Brands, Inc. (NYSE:YUM) Q1 2024 Earnings Conference Call May 1, 2024 8:15 AM ET Company Participants Matt Morris - Head, Investor Relations David Gibbs - Chief Executive Officer Chris Turner - Chief Financial Officer Dave Russell - Senior Vice President and Corporate Controller Conference Call Participants Jon Tower - Citigroup Brian Bittner - Oppenheimer & Co David Palmer - Evercore ISI John Ivankoe - JPMorgan Brian Harbour - Morgan Stanley Dennis Geiger - UBS Sara Senatore - Bank of America David Tar ...

YUM! Brands, Inc. (YUM) reported first-quarter 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. Revenues missed the consensus estimate for the fourth straight quarter.Following the results, shares of the company declined 4.4% in the pre-market trading session on May 1.Earnings and Revenue DiscussionYUM’s adjusted earnings per share (EPS) came in at $1.15, lagging the Zacks Consensus Estimate of $1.20. However, the metric increased 9% year over year.Quarterly revenues of $1,598 ...

Yum Brands (YUM) reported $1.6 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.9%. EPS of $1.15 for the same period compares to $1.06 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.72 billion, representing a surprise of -7.14%. The company delivered an EPS surprise of -4.17%, with the consensus EPS estimate being $1.20.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...

Yum Brands (YUM) came out with quarterly earnings of $1.15 per share, missing the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.17%. A quarter ago, it was expected that this parent company of KFC, Taco Bell and Pizza Hut would post earnings of $1.39 per share when it actually produced earnings of $1.26, delivering a surprise of -9.35%.Over the ...

A Pizza Hut store is seen on November 01, 2023 in Austin, Texas.Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as Pizza Hut and KFC struggled to attract customers.Shares of the company fell 3% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.15 adjusted vs. $1.20 expectedRevenue: $1.6 billion vs. $1.71 billion expectedYum reported first-quarter n ...

NEWS Yum! Brands Reports First-Quarter Results KFC International +10% Unit Growth; Taco Bell U.S. SSSG +2%; Record Digital System Sales Mix of Over 50% Louisville, KY (May 1, 2024) - Yum! Brands, Inc. (NYSE: YUM) today reported results for the first quarter ended March 31, 2024. Worldwide system sales, excluding foreign currency translation, grew 2%, with 6% unit growth and a 3% same-store sales decline. First- quarter GAAP operating profit declined 1% and first-quarter core operating profit grew 6%. First- ...

YUM! Brands, Inc. (YUM) is scheduled to report first-quarter 2024 results on May 1, before the opening bell. In the last reported quarter, the company’s bottom line missed the Zacks Consensus Estimate by 9.4%.Q1 EstimatesThe Zacks Consensus Estimate for earnings per share is pegged at $1.20, indicating an increase of 13.2% from the prior-year quarter's level. In the past seven days, the consensus estimate for first-quarter earnings has witnessed a downward revision of 0.8%. The Zacks Consensus Estimate for ...

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. ...

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 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 ...