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.
Tuesday June 25, 2024, 07:00:00
The quick-service part of the domestic restaurant industry is more challenged on the sales front so far during 2024 than it was over the 2021-23 time period. Part of this relates to some consumers getting fed up with higher prices. Although the worst inflation in 40+ years affected virtually every industry, disproportionate media attention has been paid as of late to fast-food prices. Couple this with a more conservative approach to restaurant spending by lower-income households, and it’s not a surprise that some large quick-service burger concepts have rolled out – or will roll out soon – some meal deals that emphasize value.
Tuesday June 11, 2024, 07:00:00
Back on April 2nd, we published a Taco Bell-focused report looking at changes in menu prices for two different combos sold at 25 of its restaurants in California over the 2/14/24-4/1/24 time frame:
Tuesday October 29, 2024
Tuesday October 29, 2024
Thursday October 24, 2024
Tuesday October 29, 2024
Tuesday October 29, 2024
Thursday October 24, 2024