Yum! Brands: China to achieve 40% operating profit growth in FY14 The company says this will be driven by sales and restaurant margin improvement. This will be offset by commodity inflation of 3% and modestly higher labor inflation. Sales in China are "difficult to predict". With current trends, FY14 SSS growth will be in the high-single digits.
Yum! Brands March weekly calls active amid renewed spin-off speculation Yum! Brands March weekly 79 and 80 calls are active on total call volume of 10,500 contracts (500 puts) amid renewed spin-off speculation. March weekly call option implied volatility is at 30, April is at 23, May is at 26; compared to its 26-week average of 22 according to Track Data. Active call volume suggests traders taking large positions for upside price movement.