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The Chinese Fast Food Market
Wednesday, January 11, 2017 - 2:15pm | 650Late last year, Yum! Brands, Inc. (NYSE: YUM) spun off its China business into a separately traded company called Yum China Holdings Inc (NYSE: YUMC). The rationale? The Asian business of the company can be better served with a more focused strategy. The thrust to alter strategy stemmed...
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Taco Bell Announces Shell Made Out Of Chicken
Wednesday, January 11, 2017 - 9:55am | 341Yum! Brands, Inc. (NYSE: YUM)'s Taco Bell unit has never shied from creating new and innovative food items. After launching a Waffle Taco in 2014, the restaurant chain continued to introduce new and exciting breakfast items to give consumers a break from eating "the same breakfast" every day. Taco...
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Why It Makes Sense To Buy The Post-Earnings Dip In Jack In The Box
Tuesday, November 22, 2016 - 3:18pm | 257Oppenheimer’s Brian Bittner says he would Buy any near-term dip in the shares of Jack in the Box Inc. (NASDAQ: JACK) given “conservative” fiscal 2017 EPS outlook, "solid" sales trends and attractive valuation. Quarter In Review The restaurant operator’s adjusted...
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Yum Brands Has 'Unlimited' Growth Potential In China
Tuesday, November 1, 2016 - 1:17pm | 341Greg Creed, Yum! Brands, Inc. (NYSE: YUM) CEO, was a guest on CNBC Tuesday to discuss the company's business split, as Yum China Holdings Inc (NYSE: YUMC) began trading for the first time ever. Creed started off by explaining that China is merely at the beginning stages of a major...
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Goldman Sachs Is Selling Jack In The Box
Monday, October 24, 2016 - 7:45am | 300Goldman Sachs’ Karen Holthouse believes that Taco Bell’s focus on entry level value and growing its breakfast business crates near-term risks for Jack in the Box Inc. (NASDAQ: JACK). Holthouse initiated coverage of Jack in the Box with a Sell rating and price target of $88....
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Yum Brands CEO: Half Of The U.S. Population Eats At Taco Bell Once A Month
Wednesday, October 12, 2016 - 12:17pm | 337Greg Creed, the CEO of Yum! Brands, Inc. (NYSE: YUM), was a guest on CNBC's "Squawk Box" on Wednesday to discuss the company's business, specifically Taco Bell's successes and what areas of the business could see some improvements. Creed used to run the Taco Bell unit for eight years and said that...
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Yum Brands Lays Out Yum China Separation Plans
Tuesday, October 11, 2016 - 8:13am | 320Yum! Brands, Inc. (NYSE: YUM) revealed its plans after the separation from China, which will happen at the close of the month. The company indicated its focus would be on three iconic global brands, boosting its franchise ownership and establish a leaner and most cost efficient structure. The...
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Yum Brands Investors Focusing On Weak China Comps In Q3
Thursday, October 6, 2016 - 10:32am | 408Yum! Brands, Inc. (NYSE: YUM) reported its Q3:16 results modestly below expectations, and BTIG’s Peter Saleh believes investors are likely to focus on “China comps and the lack of expected improvement.” Saleh maintains a Neutral rating on the company. China Concerns “While...
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Top Chefs Choose Their Favorite Fast Food
Thursday, July 21, 2016 - 12:40pm | 420Everyone is entitled to his or her own opinion when it comes time to indulge in a fast-food guilty pleasure. Maybe you prefer McDonald’s Corporation (NYSE: MCD) fries, while your significant other prefers Nachos Bell Grande from Yum! Brands, Inc. (NYSE: YUM)’s Taco Bell. Bloomberg...
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Are Yum Brands' Global Green Shoots Sustainable?
Friday, July 15, 2016 - 12:12pm | 285Barclays maintained its Equal-Weight rating on Yum! Brands, Inc. (NYSE: YUM), saying volatility remains outsized in Yum's ongoing China recovery, which remains the primary focus for investors until the October 31 separation of China business. "While 2Q16 China comps were not inspiring, 3Q16 QTD is...
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Analysts Respond To Yum's Q2 Earnings And Guidance
Thursday, July 14, 2016 - 1:32pm | 361Yum! Brands, Inc. (NYSE: YUM) shares are up 3.2 percent on Thursday after the company reported mostly in-line Q2 earnings, but upped its 2016 guidance once again. Following the report, several Wall Street firms have weighed in on the company. “Despite what mgmt described as ‘challenging...
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Yum's Guidance Increase Makes Up For Weak Q2 Sales, Says BTIG
Thursday, July 14, 2016 - 11:28am | 328Although Yum! Brands, Inc. (NYSE: YUM) reported weaker-than-expected 2Q16 results, especially on the top line, BTIG’s Peter Saleh believes there were sufficient positive elements to support the stock. Saleh maintains a Neutral rating on the company. “We expect investors will be...
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Yum Reports Big Same-Store Sales Misses, But Chinese Sales Anticipated To Rise
Thursday, July 14, 2016 - 11:14am | 349Despite Yum! Brands, Inc. (NYSE: YUM) reporting weaker-than-expected results, the stock traded up in the after-market session Wednesday. CLSA’s Jeremy Scott maintains an Underperform rating on the company, with a price target of $82. Disappointing Results “The appetite to own Yum ahead...
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Credit Suisse Says Yum Brands' Raised Guidance Likely To Carry Stock Higher
Thursday, July 14, 2016 - 10:51am | 302Although Yum! Brands, Inc. (NYSE: YUM) reported “generally weak” 2Q results, Credit Suisse’s Jason West believes the positive comments on recent trends and the increased EBIT guidance could drive the stock up on July 14. West maintains a Neutral rating on the company, with a price...
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Taco Bell's Fried Chicken Taco Shell Looks Delicious
Thursday, May 19, 2016 - 3:17pm | 359Yum! Brands, Inc. (NYSE: YUM) has been testing a new shell for its tacos since September of last year. The shell, titled "Naked Crispy Chicken Taco" is seen as a response to KFC's sandwich, the Double Down, replacing a bun with fried chicken filets. Taco Bell tested its new...