Wednesday May 1, 2024, 09:35:45
By Mark Kalinowski
Earlier today, Yum Brands reported adjusted Q1 EPS of $1.15. This fell short of our $1.25 forecast and sell-side consensus (according to Consensus Metrix) of $1.21.
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Tuesday April 2, 2024, 13:58:17
By Mark Kalinowski
Over the last 24 hours or so, we have published notes detailing menu-price increases at 25 Chipotle Mexican Grill restaurants in California, as well as 20 Starbucks locations in California. Those notes are available at:
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Wednesday February 7, 2024, 09:33:53
By Mark Kalinowski
Earlier today (Wednesday), Yum Brands reported that its Q4 adjusted EPS amounted to $1.26. This was short of our $1.50 forecast and sell-side consensus (according to Consensus Metrix) of $1.42. We attribute most of the earnings miss to weaker-than-expected same-store sales for Yum’s largest three concepts.
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