Yum! Brands (YUM) shares gain despite disappointing Q4 sales
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Evercore ISI Removes Tactical Underperform Call on Yum! Brands (YUM)
February 8, 2024 5:00 AM ESTEvercore ISI analyst David Palmer reiterated an Outperform rating and $160.00 price target on Yum! Brands (NYSE: YUM).
The analyst comments "Nudging EPS higher with lower G&A; Increasing confidence in a 2Q sales turn: Following 4Q EPS and our follow-up discussion... More
KFC-parent Yum sales hit by weak US consumer, Middle East conflict
February 7, 2024 7:06 AM ESTBy Deborah Mary Sophia
(Reuters) -Yum Brands' quarterly sales missed Wall Street estimates on Wednesday, with weaker growth across its top chains, as fewer customers ordered at Taco Bell, KFC and Pizza Hut amid a choppy spending environment in the United States.
It also joined rivals McDonald's and Starbucks in taking a sales hit from the Israel-Hamas war.
The company flagged a "low single-digit headwind" to fourth-quarter sales from the conflict that dented business in the Middle East and... More
Yum! Brands (YUM) Misses Q4 EPS by 15c
February 7, 2024 7:02 AM ESTYum! Brands (NYSE: YUM) reported Q4 EPS of $1.26, $0.15 worse than the analyst estimate of $1.41. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $2.11 billion.
For earnings history and earnings-related data on Yum! Brands (YUM) click here.
... MoreIncreasing unusual put option volume
February 6, 2024 9:58 AM ESTIncreasing unusual put option volume: RKLB CHGG RKLB FI LUMN COHR BYON SPR YUM HTZ EMB SYY PLTR SPOT DNB
... More