Yum! Brands: Can Digital Strength Offset Same-Store Declines?
Yum!(YUM) MarketBeat·2024-05-02 19:14
Key PointsYum! Brands' Q1 2024 earnings fell below analyst expectations, with a decline in same-store sales impacting overall performance.The company's digital sales mix exceeded 50%, highlighting its successful transition to online and mobile ordering platforms.Despite short-term headwinds, Yum! Brands remains committed to its long-term growth strategy through global expansion, menu innovation, and digital investments.5 stocks we like better than Yum! BrandsYum! Brands, Inc. NYSE: YUM is a global powerhous ...