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Taco Bell parent Yum Brands' stock falls after Q4 earnings miss
Market Watch· 2024-02-07 21:17
Shares of Yum Brands Inc. fell 2.2% in premarket trades Wednesday after the company reported weaker-than expected fourth-quarter profit and revenue. The parent of Taco Bell, Pizza Hut and KFC fast-food restaurants reported net income of $463 million, or $1.62 a share, compared with net income of $371 million, or $1.29 a share, in the prior year’s quarter. On an adjusted basis, Yum YUM, +0.74% reported earnings of $1.26 a share, compared with $1.32 a share in the same period last year, and below the FactS ...
Yum Brands disappoints as KFC, Taco Bell and Pizza Hut fall short of same-store sales expectations
CNBC· 2024-02-07 20:00
KFC and Taco Bell restaurants along 118th Avenue in Edmonton, on January 21, 2024, in Edmonton, Alberta, Canada.Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as KFC, Taco Bell and Pizza Hut all reported weaker-than-expected sales.Yum is the third global restaurant giant to report disappointing revenue for the last three months of 2023. Starbucks and McDonald's both missed Wall Street's expectations, citing the Israel-Hamas war among their headwinds.Here's ...
AHEAD OF VALENTINE'S DAY, PIZZA HUT WILL HELP YOU BREAK UP WITH YOUR PARTNER SO THAT YOU DON'T HAVE TO, WITH NEW HOT HONEY 'GOODBYE PIES'
Prnewswire· 2024-02-06 20:02
That's why starting this Red Tuesday, February 6, through Valentine's Day, Pizza Hut is launching new, limited-edition Hot Honey "Goodbye Pies" to help deliver spicy news in a sweet way for FREE. By sending a Goodbye Pie, Pizza Hut will help you break up with your significant other by delivering a personalized, simple message on custom packaging with a sweet and spicy Hot Honey pizza to ease the pain. The custom Goodbye Pie pizza boxes also leave a space on the top for the break-upper's name to be added. To ...
YUM! Brands (YUM) Gears Up for Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-02-05 23:51
YUM! Brands, Inc. (YUM) is scheduled to report fourth-quarter 2023 results on Feb 7, before the opening bell. In the last reported quarter, the company’s bottom line beat the Zacks Consensus Estimate by 14.3%.Q4 EstimatesThe Zacks Consensus Estimate for earnings per share is pegged at $1.39, indicating a rise of 6.1% from the prior-year quarter reported figure. The Zacks Consensus Estimate for revenues is pegged at $2.12 billion, suggesting growth of 4.8% from $2.02 billion in the prior-year quarter.Factors ...
Seeking Clues to Yum (YUM) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-02-02 23:21
Wall Street analysts expect Yum Brands (YUM) to post quarterly earnings of $1.39 per share in its upcoming report, which indicates a year-over-year increase of 6.1%. Revenues are expected to be $2.12 billion, up 4.9% from the year-ago quarter.The current level reflects a downward revision of 0.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company r ...
Yum Brands (YUM) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-02-01 00:06
Yum Brands盈利预期 - Yum Brands (YUM)将在2023年12月报告的季度中,预计盈利将同比增长,收入也将增加[1] - 预计股票价格可能会上涨,如果关键数字超过预期[2] - 分析师们最近对公司的盈利前景变得悲观,导致盈利预期与实际情况相比出现-1.68%的盈利预期差距[12] - Yum过去四个季度中有三次超过盈利预期[14]
Yum! Brands (YUM) Rewards Shareholders With 11% Dividend Hike
Zacks Investment Research· 2024-01-27 12:20
Yum! Brands, Inc. (YUM) recently announced a hike in its quarterly dividend payout. The company raised its quarterly dividend by 11%, which reflects its intention to utilize free cash to boost shareholders’ returns.YUM increased its quarterly dividend to 67 cents per share (or $2.68 annually) from the previous payout of 60.5 cents (or $2.42 annually). The hiked dividend will be paid out on Mar 8, 2024, to shareholders on record at the close of Feb 21, 2024.Based on the closing price of $129.44 per share on ...
Yum! Brands Announces Q4 2023 Earnings and Conference Call Details
Businesswire· 2024-01-25 05:45
Yum! Brands, Inc.财务业绩 - Yum! Brands, Inc.将于2024年2月7日发布第四季度财务业绩[1] - Yum! Brands, Inc.总部位于肯塔基州路易斯维尔市,旗下拥有超过57,000家餐厅[1] - KFC、Taco Bell和Pizza Hut品牌在2023年被评为Entrepreneur全球前五大特许经营品牌[1]
Yum! Brands, Inc. Announces 11% Increase in Quarterly Dividend to $0.67 Per Share
Businesswire· 2024-01-25 05:00
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) Board of Directors approved an 11% increase in the company’s quarterly dividend. The quarterly cash dividend will increase from $0.605 to $0.67 per share of common stock and be distributed March 8, 2024 to shareholders of record at the close of business on February 21, 2024. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 57,000 restaurants in more than 155 countries and territories ...
PIZZA HUT® RELEASES REPORT ON 2024 PIZZA TRENDS: DEMAND REMAINS HIGH FOR SWEET & SPICY OFFERINGS & THIN CRUST NO. 1 CRUST PREFERENCE IN U.S.
Prnewswire· 2024-01-18 20:02
Pizza Hut's culinary experts predict 2024 will be a year of spicy flavors and toppings, layers and layers of flavor, and thin crust continuing to reign supreme, among several other trends explored in their latest report. One huge trend to spotlight is that the demand for sweet and spicy pizza offerings will remain high this coming year. To jump on this trend, Pizza Hut is bringing hot honey offerings nationwide starting Feb. 1 for a limited time at select participating locations. The Hot Honey Pizza starts ...