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Credit Suisse: Here's How Yum! Is Doing In China
Friday, November 13, 2015 - 2:59pm | 362Shares of Yum! Brands, Inc. (NYSE: YUM) gained nearly 3 percent on Friday. Yum Brands reported a 5 percent increase in its China same-store sales for the month of October. Jason West of Credit Suisse commented on the metrics, noting that investors should "avoid being overly buoyed." Shares of Yum...
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Wall Street Can't Reach A Consensus On Yum! Brands
Wednesday, October 7, 2015 - 11:04am | 1161Shares of Yum! Brands, Inc. (NYSE: YUM) were trading lower by 16 percent shortly after Wednesday's opening bell. Yum Brands reported it earned $1.00 per share on revenue of $3.427 billion, well below the Street's estimates of $1.07 per share and $3.684 billion in revenue. The...
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Why Yum China's CEO Departure Doesn't Look Like A Warning Sign
Wednesday, August 19, 2015 - 11:46am | 341Yum! Brands, Inc. (NYSE: YUM)'s long-time China CEO, Sam Su, announced his plans to retire. The executive served as Acting General Manager for China back in December 1989 when China KFC had only four units and has been with the company since then in various senior roles. Jefferies: Business...
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Why Yum! Brands Could Underperform, According To Credit Suisse
Wednesday, March 11, 2015 - 10:29am | 252In a report published Tuesday, Credit Suisse analyst Jason West initiated coverage of Yum! Brands, Inc. (NYSE: YUM) with an Underperform rating and $74 price target, reflecting ongoing concerns in China. According to West, the pace of recovery of Yum! Brands China business (which accounts for...
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Market Wrap For March 27: Markets Lower Following Mixed Economic Data
Thursday, March 27, 2014 - 5:39pm | 2145U.S. stocks were slightly lower as positive labor market data clashed with fourth quarter GDP estimates that showed the economic expanded less than economists had expected. Major indices finished slightly lower as the Nasdaq index continues to see its losses fall sharper compared to the Dow and...
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Yum! Brands Delivers A Tasty Quarterly Result
Tuesday, February 4, 2014 - 4:19pm | 922After the closing bell on Monday, Yum! Brands (NYSE: YUM) reported its fourth quarter results. The company announced an EPS of $0.86, beating the consensus estimate of $0.80. Revenue of $4.17 billion missed the consensus estimate of $4.08 billion. Same-store sales declined overall by four...
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Yum! Brands Rises After Q4 Results
Monday, February 3, 2014 - 6:01pm | 277Yum! Brands (NYSE: YUM) is up more than three percent in after hours trading after the company announced its fourth quarter results. The fast food conglomerate reported a Q4 EPS of $0.86 versus the Street estimate of $0.80. Earnings per share were up four percent from the year-ago period....