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Yum Brands earnings miss estimates
Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines
The company’s sales have been hurt by pressures related to “geopolitical conflicts and challenged consumer sentiment,” CEO David Gibbs said.
KFC & Pizza Hut Parent Yum! Brands Miss Q3 Targets, Blames Geopolitical And Consumer Hurdles (UPDATED)
The story has been updated to correct KFC International unit growth number in paragraph 3 Yum! Brands, Inc. (NYSE:YUM) shares are trading relatively flat in the premarket session on Tuesday. The company reported third-quarter adjusted earnings per share of $1.
Yum Brands reports surprise fall in global sales amid KFC's struggles in US
Yum Brands reported a surprise fall in worldwide same-store sales on Tuesday as its KFC chain grapples with sluggish demand in the U.S., as well as choppy international sales.
Burger King, KFC owners take sales hit
Burger King, KFC owners take sales hit as fast-food spending tapers
Rising fast-food prices over the past year have prompted consumers to cook cheaper meals at home and avoid eating out, hurting the industry.
Sales are sliding at KFC and Burger King as fast-food chains keep struggling
Fast-food chains like McDonald's, KFC, and Burger King face declining sales in the US as rising prices deter customers.
Burger King, KFC owners miss results estimates as fast-food spending wanes
Burger King parent Restaurant Brands and KFC owner Yum Brands missed market estimates for quarterly results on Tuesday, hit by weak demand in the United States and abroad from budget-stretched customers.
Q3, Yum
Yum! Brands, Inc. (NYSE:YUM) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Call Transcript November 5, 2024 Yum! Brands, Inc. misses on earnings expectations. Reported EPS is $1.37 EPS, expectations were $1.41. Operator: Welcome, everyone, to the Yum! Brands 2024 Third Quarter Earnings Call.
Chimera: Q3 Earnings Snapshot
Chimera: Q3 Earnings Snapshot
Yum: Q3 Earnings Snapshot
(YUM) on Tuesday reported third-quarter earnings of $382 million. The Louisville, Kentucky-based company said it had profit of $1.35 per share. Earnings, adjusted for one-time gains and costs, were $1.
Marketing Dive
2h
Yum Brands says AI-powered marketing is helping drive transactions
Discussing Q3 earnings, CFO Chris Turner also said the technology is helping to reduce churn and should be easily scalable ...
WATTAgNet
1h
KFC sales slide in US but brand thriving in other markets
Yum! Brands CEO says sales growth is occurring in Africa, Latin America, Caribbean, as well as parts of Europe and Asia.
Stocktwits on MSN
1d
KFC Parent Yum! Brands' Stock Rises Despite Q3 Miss: Retail Hungry For More
Yum! Brands, Inc. ($YUM) shares rose nearly 2% on Tuesday even as the firm reported its third-quarter results that saw ...
restaurantdive
1d
Taco Bell is a winner and KFC a loser in Yum Brands’ Q3
KFC’s value meal did not turn its same-store sales declines around, but Taco Bell’s mix of menu innovation and value ...
Business Insider
11h
Yum! Brands price target lowered to $140 from $143 at Loop Capital
Brands (
YUM
) to $140 from $143 and keeps a Hold rating on the shares. The company’s Q3 results were “mixed”, with comparable sales down 4% for
KFC
– well below Loop’s forecast for 2% growth – down ...
Des Moines Register
1d
Louisville basketball defense impresses: Cards roll in Pat Kelsey debut at KFC Yum! Center
Louisville basketball shouldn't look back. Future under Pat Kelsey is bright. | C.L. Brown Louisville basketball defense ...
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