Wednesday May 4, 2022, 09:23:57

YUM (Post-Call): Dodges Some — But Not All — Blaster Shots

By Mark Kalinowski

Earlier today, Yum Brands reported adjusted Q1 EPS of $1.05. This was two cents above our $1.03 forecast, but two cents below sell-side consensus (according to Consensus Metrix) of $1.07.

Read more

Monday March 14, 2022, 13:13:41

YUM: Updating Our Forecasts to Reflect Omicron’s Rise in China

By Mark Kalinowski

Earlier today, master franchisee Yum China (YUMC; Not Rated) provided a business update in which it said that while its same-store sales were down by about -4% over January/February, they had “decreased approximately -20% year-over-year for the first two weeks of March” and were “still trending down in recent days.”

Read more

Wednesday February 9, 2022, 09:15:01

YUM (Post-Call): G and A Nuances to Weigh on H1 Core Operating Profit Growth

By Mark Kalinowski

Earlier today, Yum Brands reported adjusted Q4 EPS of $1.02, falling short of our $1.15 forecast and sell-side consensus (according to Consensus Metrix) of $1.09.

Read more