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Yum! Brands Announces Retirement Of Chairman, Non-Executive Chairman To Be Announced At Annual Shareholder Meeting
Wednesday, January 6, 2016 - 11:41am | 284Read More...Yum! Brands, Inc. (NYSE: YUM) announced on Tuesday that its current Executive Chairman, David C. Novak, will retire from the company in May 2016. Shares of Yum Brands were trading lower by 0.29 percent at $71.82 Wednesday morning. Novak has been with the company since 1986 when he served as...
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Yum Sales Fall 3%, $6.2 Billion To Be Returned To Shareholders Before China Separation
Thursday, December 10, 2015 - 2:02pm | 298Read More...Yum! Brands, Inc. (NYSE: YUM) sales fell 3 percent on Thursday. The company will return $6.2 billion to its shareholders between the separation announcement date of October 20 and the actual business separation, which is expected to be completed by the end of 2016. For 2016, Yum also released...
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What's China Really Worth To A YUM-Of-The-Parts Model?
Wednesday, October 21, 2015 - 2:31pm | 463Read More...Shares of Yum! Brands, Inc. (NYSE: YUM) have lost more than 16 percent over the past three months, mostly due to ongoing China concerns. The company announced earlier this week that it will split itself into two companies: Yum! China and Yum! Brands. In a report published Tuesday, Karen...
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Wall Street Can't Reach A Consensus On Yum! Brands
Wednesday, October 7, 2015 - 11:04am | 1161Read More...Shares 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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Yum! Brands Expected To Deliver Double-Digit YoY Decline In Earnings
Friday, July 10, 2015 - 2:58pm | 291Read More...Yum! Brands, Inc. (NYSE: YUM) is scheduled to announce its second quarter financial results on Tuesday, July 14, after the market closes. According to Estimize, the company is expected to deliver a double-digit year-over-year decline in earnings. In the second quarter of 2014, earnings came...
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Panera Bread CEO Weighs In On FDA's New Rule Banning Trans Fat
Tuesday, June 16, 2015 - 4:43pm | 395Read More...The U.S. Food and Drug Administration announced today that all food manufacturers must stop using trans fat within three years. While this might be a cause for concern for other food companies, it’s a victory of sorts for Panera Bread Co (NASDAQ: PNRA), which nine years ago became the first...
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Pizza Hut, Taco Bell Pledge To Remove Artificial Ingredients
Tuesday, May 26, 2015 - 1:53pm | 496Read More...The growing group of restaurants and food companies that are removing artificial ingredients from their recipes has now gained two new members. According to Reuters, Taco Bell and Pizza Hut, two of Yum! Brands Inc (NYSE: YUM)'s key franchises, have committed to removing artificial colors...
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Keith Meister: Yum! Brands Is Well-Managed And Has Great Forward Opportunities
Monday, May 4, 2015 - 3:08pm | 383Read More...Yum! Brands, Inc. (NYSE: YUM) hit an all-time high of $94.13 on Monday. Shares of the company surged on back of comments made by Corvex Management founder and CIO Keith Meister at the Ira Sohn conference, revealing that his hedge fund owns $1.5 billion of Yum's stock. Additionally, Meister...
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Taco Bell's Breakfast Innovation Continues
Wednesday, April 22, 2015 - 2:15pm | 473Read More...With global fast food giant McDonald's Corporation (NYSE: MCD) reeling from slumping global sales, Yum! Brands, Inc. (NYSE: YUM) is showing no signs of stopping its push into McDonalds’ territory. Breakfast Battleground Yum’s Taco Bell launched its breakfast menu in March 2014...
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Cramer: Yum! Brands 'Certainly Lets McDonald's Look A Lot Better'
Wednesday, December 10, 2014 - 2:29pm | 401Read More...Yum! Brands, Inc. (NYSE: YUM) fell drastically after the company announced cutting its profit forecast for the year 2014. In notes to clients, the company informed shareholders that its EPS will rise by a mid-single-digit percentage (excluding some items), which is significantly lower than the...
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Is McDonald's Going Fast Casual?
Friday, October 10, 2014 - 1:19pm | 728Read More...McDonald’s Corporation (NYSE: MCD) has been experimenting in an effort to combat falling sales. The company in September installed several build-your-own-burger kiosks in Southern California. At the stand-alone kiosks, customers could add one or more of nearly 20 toppings to one or...
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Fast Food Shares Down On China Chicken Supplier Scare
Thursday, July 31, 2014 - 11:35am | 254Read More...Fast food companies with exposure in China trended down Thursday after Yum! Brands (NYSE: YUM) said a chicken supplier in its China market is under investigation for improper food-handling practices. The issue resulted in a "significant, negative impact to same-store sales at both KFC and...
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McDonald's Supplier Forced To Suspend Meat Production By Shanghai FDA
Monday, July 21, 2014 - 7:47am | 1107Read More...On Sunday night, Shanghai Husi Foods suspended production meat supplied McDonald's (NYSE: MCD) and YUM! Brands (NYSE: YUM) KFC and Pizza Hut chains. The Shanghai Food and Drug Administration issued a suspension of operations for Shanghai Husi Foods after the agency's...
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Yum Brands Q2 2014 Earnings Call Highlights
Thursday, July 17, 2014 - 1:55pm | 590Read More...Yum Brands (NYSE: YUM) released its Q2 2014 earnings call consisting of outstanding growth in China division and solid growth in Taco bell Division. Before the call, Yum reported EPS for Q2 of $0.73 compared to analyst expectations of $0.72. Revenues for the quarter came out to 3.2 billion, coming...
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Yum! Brands Down On Q2 Report, Despite Strong International Growth
Wednesday, July 16, 2014 - 5:00pm | 226Read More...Yum! Brands (NYSE: YUM) shares are trending lower Wednesday following the food giant’s second-quarter results. The company reported sales of $3.2 billion for the quarter, slightly missing the $3.23 billion estimate. Year over year this is a 10.3 percent improvement. Sales growth was...
