Wednesday February 13, 2019, 00:00:00
We briefly note the following tidbits regarding Taco Bell (owned by Yum Brands [YUM; Buy]), Baskin-Robbins (owned by Dunkin’ Brands Group [DNKN; Neutral]), and mid-sized restaurant concepts:
Sunday February 10, 2019, 00:00:00
We briefly note the following tidbits regarding McDonald’s (MCD; Buy), more McDonald’s, Taco Bell (owned by Yum Brands [YUM; Buy]), privately-held Chick-filA, and privately-held Subway:
Thursday February 7, 2019, 00:00:00
Earlier today, Yum Brands (YUM; Buy) reported adjusted Q4 EPS of $0.40, which includes a -$0.41 impact from mark-to-market related to the company’s investment in GrubHub (GRUB; Not Rated). Even adding this $0.41 back, EPS would have been short of our $0.99 forecast and the sell-side consensus (according to Consensus Metrix) of $0.97 (more on this shortly).