Monday November 25, 2024, 07:00:00
We have learned that Taco Bell is testing what looks to be its own version of McCafé (the “concept within a concept” from McDonald’s [MCD; Buy, $290.29]). We could learn more about the “Live Más Café” test platform when Taco Bell/Yum Brands hosts an Analyst Meeting in Los Angeles on Tuesday, January 28th. But here is what we have learned so far…
Tuesday November 5, 2024, 09:27:33
Earlier today (Tuesday), Yum Brands reported adjusted third-quarter EPS of $1.37, short of our $1.43 forecast and sell-side consensus (according to Consensus Metrix) of $1.41. We attribute the EPS shortfall to weaker-than-expected KFC worldwide same-store sales and a higher-than-anticipated tax rate, despite very good Taco Bell same-store sales.
Tuesday August 6, 2024, 09:21:22
Earlier today (Tuesday), Yum Brands reported adjusted second-quarter EPS of $1.35. While this was one cent short of our $1.36 forecast, it came in two cents above sell-side consensus (according to Consensus Metrix) of $1.33.
Thursday December 19, 2024
Thursday December 12, 2024
Thursday December 19, 2024
Thursday December 12, 2024