KFC Owner Yum Brands Sees Slower Sales Growth, Goldman Sachs Analyst Revises Forecast
Yum! Brands, Inc. YUM released earnings results for its second quarter Tuesday before the opening bell.
KFC, Pizza Hut sales slump as sticky inflation hampers parent Yum's bottom line
While KFC and Pizza Hut disappointed, Taco Bell reported same-store sales growth in the US.
KFC owner YUM! beats earnings forecasts and plans expansion of AI tech in drive-thrus
Shares in Yum! Brands Inc (NYSE:YUM) rose after the KFC, Pizza Hut and Taco Bell owner served up second-quarter earnings that beat Wall Street forecasts, but revenues were lower than expected.
Yum! Brands Stock Rises as Value-Focused Consumers Lift Taco Bell Sales
Yum! Brands (YUM) shares rose in intraday trading Tuesday despite second-quarter sales and net income falling slightly short of estimates, as executives said the company is encouraged by the performance of Taco Bell as consumers look to get value for their money.
Yum Brands' Acquisitions Build a Digital Foundation for AI Advancements
As Yum Brands aims to be a “leading global digital restaurant company,” per CEO David Gibbs, the quick-service restaurant (QSR) giant is tapping its tech acquisitions to create a unified eCommerce ecosystem on which to layer artificial intelligence (AI) capabilities to drive sales and productivity.
YUM! Brands (YUM) Q2 Earnings Top, Revenues Miss, Stock Down
YUM! Brands' (YUM) second-quarter 2024 results reflect strong performance from the Taco Bell and KFC divisions. Yet, increased expenses and unfavorable foreign currency translation marred prospects to some extent.
Crude Oil Moves Higher; Yum! Brands Posts Upbeat Earnings
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 250 points on Tuesday.
Here's What Key Metrics Tell Us About Yum (YUM) Q2 Earnings
While the top- and bottom-line numbers for Yum (YUM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
KFC owner YUM! beats earnings forecasts and plans expansion of AI tech in driv-thrus
Shares in Yum! Brands Inc (NYSE:YUM) rose after the KFC, Pizza Hut and Taco Bell owner served up second-quarter earnings that beat Wall Street forecasts, but revenues were lower than expected.
Yum Brands (YUM) Tops Q2 Earnings Estimates
Yum Brands (YUM) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.41 per share a year ago.
Yum Brands falls short on revenue as Pizza Hut and KFC same-store sales fall
Yum Brands reported revenue that fell short of expectations for the second quarter. The restaurant company owns Taco Bell, KFC and Pizza Hut.
Yum Brands stock rises after profit beat expectations, even as revenue and same-store sales missed
Shares of Yum Brands Inc. YUM, -1.38% rose 1.4% in premarket trading Tuesday, after the parent of restaurant brands KFC, Taco Bell and Pizza Hut reported second-quarter profit the beat expectations, whiles revenue came up a bit shy. Net income fell to $367 million, or $1.28 a share, from $418 million, or $1.46 a share, in the same period a year ago.
