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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 (State or ...
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 ...
Taco Bell parent Yum Brands' stock falls after Q4 earnings miss
Market Watch· 2024-02-07 13:17
Shares of Yum Brands Inc. fell 2.2% in premarket trades Wednesday after the company reported weaker-than expected fourth-quarter profit and revenue. The parent of Taco Bell, Pizza Hut and KFC fast-food restaurants reported net income of $463 million, or $1.62 a share, compared with net income of $371 million, or $1.29 a share, in the prior year’s quarter. On an adjusted basis, Yum YUM, +0.74% reported earnings of $1.26 a share, compared with $1.32 a share in the same period last year, and below the FactS ...
Yum Brands disappoints as KFC, Taco Bell and Pizza Hut fall short of same-store sales expectations
CNBC· 2024-02-07 12:00
KFC and Taco Bell restaurants along 118th Avenue in Edmonton, on January 21, 2024, in Edmonton, Alberta, Canada.Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as KFC, Taco Bell and Pizza Hut all reported weaker-than-expected sales.Yum is the third global restaurant giant to report disappointing revenue for the last three months of 2023. Starbucks and McDonald's both missed Wall Street's expectations, citing the Israel-Hamas war among their headwinds.Here's ...
AHEAD OF VALENTINE'S DAY, PIZZA HUT WILL HELP YOU BREAK UP WITH YOUR PARTNER SO THAT YOU DON'T HAVE TO, WITH NEW HOT HONEY 'GOODBYE PIES'
Prnewswire· 2024-02-06 12:02
That's why starting this Red Tuesday, February 6, through Valentine's Day, Pizza Hut is launching new, limited-edition Hot Honey "Goodbye Pies" to help deliver spicy news in a sweet way for FREE. By sending a Goodbye Pie, Pizza Hut will help you break up with your significant other by delivering a personalized, simple message on custom packaging with a sweet and spicy Hot Honey pizza to ease the pain. The custom Goodbye Pie pizza boxes also leave a space on the top for the break-upper's name to be added. To ...