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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 Falls Short Of Q3 Earnings And Revenue Expectations As KFC, Pizza Hut Struggle
Yum Brands missed analysts' expectations for third-quarter earnings and revenue due to regional sales declines at KFC and Pizza Hut, driven by a complex consumer environment and global tensions. Yum Brands reported adjusted earnings per share and revenue below analysts' expectations.
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.
Restaurant Brands’ Sales Miss on Burger King, Popeyes Slump
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, posted sales that grew slower than expected in the third quarter, highlighting many chains’ struggle to attract diners grappling with elevated costs.
Marketing Dive
18m
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 ...
restaurantdive
23h
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 ...
1d
Yum! Brands Misses on EPS, Revenue Up
Yum! Brands reported a mixed earnings report with strong digital sales and growth at Taco Bell and KFC International, but ...
1d
Louisville basketball defense impresses: Cards roll in Pat Kelsey debut at KFC Yum! Center
Louisville basketball was particularly impressive on the defensive end in its debut under Pat Kelsey. UofL rolled to a win vs ...
Benzinga.com
1d
KFC & Pizza Hut Parent Yum! Brands Miss Q3 Targets, Blames Geopolitical And Consumer Hurdles
Yum
! Brands Q3 adjusted EPS of $1.37 missed estimates, with revenues of $1.826B falling short of the $1.899B consensus. Despite geopolitical pressures, Taco Bell and
KFC
showed growth, with
Yum
!
25m
Yum China Holdings: Strategic Expansion and Strong Market Position Justifies Buy Rating
In a report released today, Alison Fok from DBS maintained a Buy rating on Yum China Holdings (YUMC – Research Report), with a price ...
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