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News For YUM From The Last 14 Days
Check below for free stories on YUM the last two weeks.
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April 24, 2014
14:08 EDTYUMYum! Brands to launch premium taco chain, Nation's Restaurant News says
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April 23, 2014
09:54 EDTYUMYum! Brands confident that China resutarant margin will be at least 17% in FY14
Expects growth rate for China division to be "significantly above" ongoing target of 15% this year. Expects KFC's growth rate to be above ongoing target of 10%, Pizza Hut growth rate to be below ongoing target of 9%, and Taco Bell to be in line with ongoing target of 6%. Yum! Brands says it is likely Pizza Hut will trail previous expectations though ti does expect significant improvement from 1H14.
09:52 EDTYUMYum! Brands sees Q2 EPS growth to be highest of the year
Q2 EPS consensus of 98c. The company also expects much better sales results from Taco Bell with recent breakfast launch. Q2 profit growth at Taco Bell will be moderate as commodity inflation will continue to pressure restaurant margins. Expects KFC to remain solid and Pizza Hut to show improvement in Q2.
09:48 EDTYUMYum! Brands backs high single to low double digit SSS growth for China in 2014
Expects to deliver "signification" margin improvement for China in 2014.
09:37 EDTYUMYum! Brands hopes to accelerate global development, turnaround Pizza Hut in 2014
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09:16 EDTYUMOn The Fly: Pre-market Movers
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07:47 EDTYUMYum! Brands multiple likely to expand, says Oppenheimer
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07:18 EDTYUMYum! Brands should be bought aggressively into strength, says Stifel
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05:54 EDTYUMStocks with implied volatility movement; T YUM
Stocks with implied volatility movement; AT&T (T) 16, Yum! Brands (YUM) 29 according to iVolatility.
April 22, 2014
19:09 EDTYUMOn The Fly: After Hours Movers
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17:24 EDTYUMYum! Brands says 'particularly pleased' with initial Taco Bell breakfast launch
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17:23 EDTYUMYum! Brands reports Q1 KFC SSS in China up 11%
Reports Q1 Pizza Hut SSS in China up 8%, with total China division system sales up 17% prior to foreign currency translation. Company said operating profit grew 80% in China, prior to foreign currency translation.
17:20 EDTYUMYum! Brands up 2.5% after Q1 results beat on bottom line, China sales grow
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17:18 EDTYUMYum! Brands reports Taco Bell Q1 U.S. SSS down 1%
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17:17 EDTYUMYum! Brands to open 700 new China restaurants in 2014
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17:17 EDTYUMYum! Brands sees FY14 EPS growth at least 20%
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17:15 EDTYUMYum! Brands says repurchased 2.3M shares through April 21
17:14 EDTYUMYum! Brands reports Q1 worldwide system sales up 4%
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17:14 EDTYUMYum! Brands reports Q1 China division SSS up 9%
17:13 EDTYUMYum! Brands reports Q1 EPS ex-items 87c, consensus 85c
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15:32 EDTYUMNotable companies reporting after market close
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12:02 EDTYUMMcDonald's says hasn't felt impact from Taco Bell's breakfast
McDonald's says it will optimize capital structure. Says has had no safety issues in Russia, Crimea.
April 21, 2014
14:04 EDTYUMYum! Brands Apr 65 weekly straddle priced for 4.4% movement into Q1
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10:01 EDTYUMOn The Fly: Analyst Downgrade Summary
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06:44 EDTYUMCompetitors gaining ground on McDonald's breakfast market, WSJ says
McDonald's (MCD) faces increased competition from Yum Brands' (YUM) new Taco Bell breakfast menu as well as Burger King (BKW), Dunkin' Brands (DD), Starbucks (SBUX), and White Castle's renewed efforts to gain ground in the breakfast market, reports the Wall Street Journal. Reference Link
05:38 EDTYUMYum! Brands downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Yum! Brands to Neutral citing valuation as it believes shares are already pricing in a China recovery through FY15. The firm raised its price target for shares to $80 from $77.
April 14, 2014
07:23 EDTYUMJapan sees first bird flu outbreak since 2011, Mainichi reports
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