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Yum Brands is going all-in on data in its ongoing efforts to have “100% of sales powered by digital,” gearing up to combine insights across all its brands. On a third-quarter earnings call Wednesday (Nov.
Yum! Brands (NYSE:YUM) shares dropped after reporting third-quarter revenue that fell short of analysts' expectations thanks to weak same-store sales growth at its franchise Pizza Hut.
Yum China Holdings Inc. YUMC, -1.05% shares fell more than 5% in the extended session Tuesday after the owner of Pizza Hut, KFC and other fast-food brands in China missed Wall Street expectations for its third quarter, saying that “softening consumer demand” emerged in recent weeks. Yum China earned $244 million, or 58 cents a share, compared with $206 million, or 49 cents a share, in the year-ago period.
Gina Sanchez, Lido Advisors chief market strategist, joins 'The Exchange' to discuss ONEOK's performance in the aftermath of its acquisition of Magellan, the demand outlook for Yum brands, and more.
Yum Brands (YUM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Yum Brands Inc.'s Pizza Hut and Taco Bell are enjoying strong demand from consumers amid concerns about inflation, according to foot-traffic data from analytics company Placer.
YUM! Brands' (YUM) third-quarter top line is likely to have benefited from strong same-store sales growth, Taco Bell performance and unit expansion efforts.
Yum! Brands Rated Neutral As Sales Growth Overshadowed By Debt And Negative Equity
Yum Brands Inc. YUM, +0.84% said Wednesday its Pizza Hut will extend opening hours to midnight or later at thousands of locations across the U.S. “Late-night diners can indulge in the full Pizza Hut menu for delivery, or carryout past the stroke of midnight in select stores across the country,” the company said in a statement. Select outlets will stay open until 2 a.m.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands Announces Q3 2023 Earnings and Conference Call Details.