Tuesday April 2, 2024, 13:58:17

YUM: Details on Menu Price Increases at 25 Taco Bells in California

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

YUM (Post-Call): Misses on Q4 EPS as Same-Store Sales Trends Weaken

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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Wednesday November 1, 2023, 09:19:14

YUM (Post-Call): The 1st Example of California’s AB 1228 Leading to Planned Unit Closures

By Mark Kalinowski

Earlier today, Yum Brands reported adjusted Q3 EPS of $1.44. This surpassed our $1.30 forecast and sell-side consensus (according to Consensus Metrix) of $1.28.

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