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Yum Brands Rises 4% As Q1 Tops Expectations
Thursday, April 21, 2016 - 7:53am | 338Read More...Yum! Brands, Inc. (NYSE: YUM) reported 8 percent increase in net income to $391 million in the first quarter from $362 million while earnings grew 14 percent to $0.93 a share from $0.81 a share in the year-ago quarter. Excluding special items, its earnings would have been $0.95 a share, which is...
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Yum China Sales Rise: What's Wall Street Think?
Wednesday, January 13, 2016 - 1:07pm | 314Read More...Despite all the concerns about the health of the Chinese economy, Yum! Brands, Inc. (NYSE: YUM) reported some surprisingly strong 1 percent year-over-year sales growth in its China division in December. Here’s what five top Wall Street firms have to say about Yum following the news....
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Yum Investors Cheer December, Q4 Comps Outlook For China
Tuesday, January 12, 2016 - 6:03pm | 199Read More...Following a more than 2 percent move higher over the course of Tuesday's trading session, shares of Yum! Brands, Inc. (NYSE: YUM) continued higher in the post-market session. An SEC 8-K filing late Tuesday afternoon showed some same-store sales results for Yum's China region...
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Taco Bell: McDonald's Breakfast Is 'Meh'
Tuesday, December 22, 2015 - 12:43pm | 229Read More...Shares of McDonald's Corporation (NYSE: MCD) are higher by more than 25 percent year-to-date as the company's turnaround plan is showing signs of life, especially in the breakfast category. Yum! Brands, Inc. (NYSE: YUM), parent company of Taco Bell, is looking to steal some of McDonald...
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Yum Brands To Double Taco Bell's Restaurant Openings Overseas
Thursday, December 10, 2015 - 6:08pm | 343Read More...Yum! Brands, Inc. (NYSE: YUM) is going big with Taco Bell, with plans to double its restaurant openings overseas. Taco Bell's international presence is still minimal in comparison to Yum's other brands, Pizza Hut and KFC, both having thousands of locations operating worldwide. Yum Brands...
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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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Taco Bell Proves Chipotle Can Overcome E. Coli Outbreak
Monday, December 7, 2015 - 12:02pm | 564Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) shares continue to tumble following an E. coli outbreak. The company now blames the outbreak for its first projected quarterly same-store sales decline in its public history. Taco Bell had a similar outbreak back in 2006, and the long-term impact...
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Cowen Boosts Yum Brands; Taco Bell Growth, Buyback Potential Excite
Tuesday, December 1, 2015 - 10:33am | 269Read More...Shares of Yum! Brands, Inc. (NYSE: YUM) have dipped 19.52 percent over the past six months, declining almost to its 52-week low on November 12. Andrew M. Charles of Cowen and Company has upgraded the rating on the company from Market Perform to Outperform, while raising the price target from...
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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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Nomura Highlights 'Mixed' Comp Trends In U.S. Restaurant Group, Names Yum!, Papa John's As Top Picks
Friday, October 2, 2015 - 11:20am | 618Read More...Mark Kalinowski of Nomura initiated coverage of U.S. restaurants with a mixed reaction. Kalinowski highlighted chain restaurant same-store sales trends "generally remain solid," but not all segments appear to be generating improvements. Kalinowski named Yum! Brands, Inc. (NYSE: YUM) and Papa John...
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Taco Bell's Incoming CEO Weighs In On Increasing Competition In Restaurant Space
Thursday, August 13, 2015 - 4:18pm | 389Read More...Although the yuan devaluation might affect sales of Yum! Brands, Inc. (NYSE: YUM) in China, its subsidiary Taco Bell is still optimistic about the future. Incoming Taco Bell CEO, Brian Niccol, was on CNBC to discuss the outlook for the business and the competition in the restaurant space....
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UBS: Time To Recognize Yum's China Profit Potential
Wednesday, July 15, 2015 - 1:34pm | 235Read More...Shares of Yum! Brands, Inc. (NYSE: YUM) were down almost 3 percent on Wednesday after the company beat earnings estimates, but missed consensus on the revenue front. EPS upside was mainly driven by strength in Taco Bell and robust profitability figures in China – operating profit upside on...
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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...
