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YUM! Brands (YUM) Gears Up for Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-02-05 15:51
YUM! Brands, Inc. (YUM) is scheduled to report fourth-quarter 2023 results on Feb 7, before the opening bell. In the last reported quarter, the company’s bottom line beat the Zacks Consensus Estimate by 14.3%.Q4 EstimatesThe Zacks Consensus Estimate for earnings per share is pegged at $1.39, indicating a rise of 6.1% from the prior-year quarter reported figure. The Zacks Consensus Estimate for revenues is pegged at $2.12 billion, suggesting growth of 4.8% from $2.02 billion in the prior-year quarter.Factors ...
Seeking Clues to Yum (YUM) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-02-02 15:21
Wall Street analysts expect Yum Brands (YUM) to post quarterly earnings of $1.39 per share in its upcoming report, which indicates a year-over-year increase of 6.1%. Revenues are expected to be $2.12 billion, up 4.9% from the year-ago quarter.The current level reflects a downward revision of 0.7% 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.Before a company r ...
Yum Brands (YUM) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-01-31 16:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Yum Brands (YUM) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 released on February 7. ...
Yum! Brands (YUM) Rewards Shareholders With 11% Dividend Hike
Zacks Investment Research· 2024-01-27 04:20
Yum! Brands, Inc. (YUM) recently announced a hike in its quarterly dividend payout. The company raised its quarterly dividend by 11%, which reflects its intention to utilize free cash to boost shareholders’ returns.YUM increased its quarterly dividend to 67 cents per share (or $2.68 annually) from the previous payout of 60.5 cents (or $2.42 annually). The hiked dividend will be paid out on Mar 8, 2024, to shareholders on record at the close of Feb 21, 2024.Based on the closing price of $129.44 per share on ...
Yum! Brands Announces Q4 2023 Earnings and Conference Call Details
Businesswire· 2024-01-24 21:45
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) will release its fourth quarter financial results on Wednesday, February 7, 2024 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 8:15 a.m. ET. The number is 833/470-1428 for U.S. callers, 833/950-0062 for Canada callers, and 929/526-1599 for international callers, conference ID 491669. The event will be webcast live and can be accessed through the Yum! Brands website at http://investors.yu ...
Yum! Brands, Inc. Announces 11% Increase in Quarterly Dividend to $0.67 Per Share
Businesswire· 2024-01-24 21:00
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) Board of Directors approved an 11% increase in the company’s quarterly dividend. The quarterly cash dividend will increase from $0.605 to $0.67 per share of common stock and be distributed March 8, 2024 to shareholders of record at the close of business on February 21, 2024. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 57,000 restaurants in more than 155 countries and territories ...
PIZZA HUT® RELEASES REPORT ON 2024 PIZZA TRENDS: DEMAND REMAINS HIGH FOR SWEET & SPICY OFFERINGS & THIN CRUST NO. 1 CRUST PREFERENCE IN U.S.
Prnewswire· 2024-01-18 12:02
Pizza Hut's culinary experts predict 2024 will be a year of spicy flavors and toppings, layers and layers of flavor, and thin crust continuing to reign supreme, among several other trends explored in their latest report. One huge trend to spotlight is that the demand for sweet and spicy pizza offerings will remain high this coming year. To jump on this trend, Pizza Hut is bringing hot honey offerings nationwide starting Feb. 1 for a limited time at select participating locations. The Hot Honey Pizza starts ...
How KFC won over China
CNBC· 2024-01-11 13:00
KFC is one of the world's largest restaurant chains, with more than 29,000 locations and a new outlet opening every three and a half hours, according to Yum! Brands.But while much of the brand's early success came from the U.S., today the majority of its growth is in China.KFC China recently celebrated the opening of its 10,000th store in the city of Hangzhou, about an hour outside of Shanghai. By comparison the U.S. has a little over 4,300 KFC locations.Known in China for more than just chicken, a typical ...
Joe Park Promoted to Yum! Brands Chief Digital & Technology Officer
Businesswire· 2024-01-10 21:15
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) today announced the promotion of Joe Park to Chief Digital & Technology Officer, reporting to Chris Turner, Yum! Brands Chief Financial Officer, effective March 1, 2024. Park, who most recently served as Chief Digital & Technology Officer for Pizza Hut Global, succeeds Clay Johnson, who will continue with Yum! Brands as a Senior Advisor. As CDTO, Park will join the Yum! Brands Global Leadership Team and oversee the Company’s global technology s ...
KFC WRAPS ARE BACK WITH TWO NEW FLAVORS AND YOU CAN GET ONE FOR FREE IN THE APP WITH PURCHASE
Prnewswire· 2024-01-02 14:00
Shake off the post-holiday blues by trying the new Spicy Mac & Cheese and Honey BBQ Chicken Wraps and adding on a free wrap in the KFC appLOUISVILLE, Ky., Jan. 2, 2024 /PRNewswire-HISPANIC PR WIRE/ -- Kentucky Fried Chicken® is bringing big flavor and a boost of joy this January by introducing two brand-new varieties of its popular two-for-$5 KFC Wraps lineup – Honey BBQ and Spicy Mac & Cheese. The new wraps join the Mac & Cheese Wrap recently introduced in November and the original Classic and Spicy Slaw C ...