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Yum! Brands Inc (YUM.N)

YUM.N on New York Stock Exchange

115.62USD
16 Aug 2019
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$-0.78 (-0.67%)
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Latest Key Developments (Source: Significant Developments)

Yum! Brands Reports Second-Quarter System Sales Growth Of 10%; Same-Store Sales Growth Of 5%
Thursday, 1 Aug 2019 07:00am EDT 

Aug 1 (Reuters) - Yum! Brands Inc ::YUM! BRANDS REPORTS STRONG SECOND-QUARTER; SYSTEM SALES GROWTH OF 10%; SAME-STORE SALES GROWTH OF 5%; GAAP OPERATING PROFIT GROWTH OF 5%; CORE OPERATING PROFIT GROWTH OF 18%.Q2 EARNINGS PER SHARE $0.93 EXCLUDING ITEMS.Q2 GAAP EARNINGS PER SHARE $0.92.Q2 EARNINGS PER SHARE ESTIMATE $0.87 -- REFINITIV IBES DATA.YUM BRANDS - QTRLY WORLDWIDE SYSTEM SALES EXCLUDING FOREIGN CURRENCY TRANSLATION GREW 10%, WITH KFC, PIZZA HUT AND TACO BELL EACH AT 10%.YUM BRANDS QTRLY TOTAL REVENUES $1,310 MILLION VERSUS $1,368 MILLION.Q2 REVENUE VIEW $1.28 BILLION -- REFINITIV IBES DATA.YUM BRANDS - 2019 ADJUSTED EPS TARGET OF AT LEAST $3.75.YUM BRANDS SEES 2019 DILUTED EPS WITH NO FORECASTED IMPACT OF SPECIAL ITEMS OR GRUBHUB OF AT LEAST $3.73.FY2019 EARNINGS PER SHARE VIEW $3.82 -- REFINITIV IBES DATA.  Full Article

Yum! Brands Names Chris Turner As Chief Financial Officer
Wednesday, 26 Jun 2019 04:15pm EDT 

June 26 (Reuters) - Yum! Brands Inc ::YUM! BRANDS NAMES CHRIS TURNER AS CHIEF FINANCIAL OFFICER.YUM BRANDS - CHRIS TURNER, 44, WILL JOIN COMPANY AS CHIEF FINANCIAL OFFICER, REPORTING TO CHIEF EXECUTIVE OFFICER GREG CREED, EFFECTIVE AUGUST 8, 2019.YUM BRANDS - TURNER JOINS CO FROM PEPSICO.  Full Article

Taco Bell Announces Plans To Build 600 Restaurants In India
Thursday, 23 May 2019 08:00am EDT 

May 23 (Reuters) - Yum! Brands Inc ::TACO BELL - ANNOUNCES PLANS TO BUILD 600 RESTAURANTS IN INDIA.TACO BELL - WILL CONTINUE EXPANSION ACROSS ASIA, WITH GOAL OF EXPANDING ITS PRESENCE TO FIVE RESTAURANTS IN THAILAND BY END OF 2019.TACO BELL- AGREEMENT, SIGNED WITH FRANCHISE PARTNER BURMAN HOSPITALITY PRIVATE LIMITED OF INDIA, COMMITS TO DEVELOPING 600 RESTAURANTS IN NEXT 10 YRS.TACO BELL SAYS "IN THE COMING 12 MONTHS TACO BELL WILL ALSO OPEN ITS DOORS IN SYDNEY AND MELBOURNE, AUSTRALIA".TACO BELL SAYS "IN THE COMING YEAR, THE BRAND HAS ITS SIGHTS SET ON ENTERING INDONESIA AND PORTUGAL".  Full Article

Yum! Brands Inc Declares Quarterly Dividend Of $0.42 Per Share
Monday, 6 May 2019 05:06pm EDT 

May 6 (Reuters) - Yum! Brands Inc ::YUM! BRANDS, INC. DECLARES QUARTERLY DIVIDEND OF $0.42 PER SHARE.  Full Article

Yum! Brands Reports Q1 GAAP Earnings Per Share Of $0.83
Wednesday, 1 May 2019 07:00am EDT 

May 1 (Reuters) - Yum! Brands Inc ::YUM! BRANDS REPORTS SOLID FIRST-QUARTER SYSTEM SALES GROWTH OF 8%; SAME-STORE SALES GROWTH OF 4%; GAAP OPERATING PROFIT DECLINE OF (22)%; CORE OPERATING PROFIT GROWTH OF 12%.Q1 EARNINGS PER SHARE $0.82 EXCLUDING ITEMS.Q1 GAAP EARNINGS PER SHARE $0.83.Q1 EARNINGS PER SHARE ESTIMATE $0.81 -- REFINITIV IBES DATA.YUM BRANDS - QTRLY WORLDWIDE SYSTEM SALES EXCLUDING FOREIGN CURRENCY TRANSLATION GREW 8%, WITH 7% NET-NEW UNITS AND 4% SAME-STORE SALES GROWTH.YUM BRANDS - QTRLY WORLDWIDE SAME-STORE SYSTEM SALES UP 4 PERCENT.YUM BRANDS QTRLY TOTAL REVENUE $1,254 MILLION VERSUS $1,371 MILLION.Q1 REVENUE VIEW $1.25 BILLION -- REFINITIV IBES DATA.YUM BRANDS - "FIRST-QUARTER RESULTS WERE A SOLID START TO YEAR, REFLECTING PARTICULAR STRENGTH AT KFC DIVISION AND TACO BELL U.S.".YUM BRANDS - QTRLY WORLDWIDE SYSTEM SALES EXCLUDING FOREIGN CURRENCY TRANSLATION GREW 8%, WITH KFC AT 9%, TACO BELL AT 7%, AND PIZZA HUT AT 7%.YUM - REFLECTED CHANGE IN FAIR VALUE OF GRUBHUB INVESTMENT BY RECORDING $20 MILLION PRE-TAX INVESTMENT EXPENSE, RESULTING IN NEGATIVE $0.05 EPS IMPACT IN QUARTER.YUM BRANDS - GRUBHUB INVESTMENT UNFAVORABLY IMPACTED YEAR-OVER-YEAR EPS GROWTH IN QUARTER BY NEGATIVE $0.21.  Full Article

Yum! Brands Reports Fourth-Quarter 2018 Results
Thursday, 7 Feb 2019 07:00am EST 

Feb 7 (Reuters) - Yum! Brands Inc ::YUM! BRANDS REPORTS FOURTH-QUARTER GAAP OPERATING PROFIT DECLINE OF (39)%; FOURTH-QUARTER CORE OPERATING PROFIT GROWTH OF +5%; ON TRACK WITH STRATEGIC TRANSFORMATION TO ACCELERATE GROWTH.Q4 EARNINGS PER SHARE $0.40 EXCLUDING ITEMS.Q4 GAAP EARNINGS PER SHARE $1.04.Q4 EARNINGS PER SHARE ESTIMATE $0.95 -- REFINITIV IBES DATA.YUM BRANDS QTRLY WORLDWIDE SYSTEM SALES EXCLUDING FOREIGN CURRENCY TRANSLATION GREW 6%, WITH TACO BELL AT 9%, KFC AT 7% AND PIZZA HUT AT 2%.YUM BRANDS - QTRLY SAME-STORE WORLDWIDE SYSTEM SALES UP 3 PERCENT.YUM BRANDS - QTRLY TOTAL REVENUE $1,558 MILLION VERSUS $ 1,577 MILLION.Q4 REVENUE VIEW $1.59 BILLION -- REFINITIV IBES DATA.YUM BRANDS - DURING Q4 OF 2018, SUBSIDIARY OF TACO BELL CORP. ISSUED $1.45 BILLION OF SECURITIZATION NOTES.YUM BRANDS - DURING 2018, SYSTEM SALES GREW 5% WITH SAME STORE SALES GROWTH OF 2%, AND NET UNIT GROWTH OF 4%, EXCLUDING IMPACT OF TELEPIZZA.  Full Article

Apple Inc Says Apple Pay Coming To Target, Taco Bell
Tuesday, 22 Jan 2019 09:13am EST 

Jan 22 (Reuters) - Apple Inc ::APPLE INC SAYS APPLE PAY COMING TO TARGET, TACO BELL AND MORE TOP US RETAIL LOCATIONS.APPLE INC SAYS APPLE PAY IS ROLLING OUT IN TARGET STORES & WILL BE AVAILABLE IN ALL 1,850 LOCATIONS ACROSS THE U.S. IN COMING WEEKS.  Full Article

Restaurant Brands New Zealand To Open Taco Bell Restaurants In Australia And NZ
Monday, 10 Dec 2018 02:46pm EST 

Dec 11 (Reuters) - Restaurant Brands New Zealand Ltd ::RBD TO OPEN TACO BELL RESTAURANTS IN AUSTRALIA AND NZ.REACHES AGREEMENT WITH TACO BELL RESTAURANTS ASIA PTE TO BRING TACO BELL BRAND TO NEW ZEALAND, NEW SOUTH WALES IN 2019.  Full Article

Brian Cornell Appointed Non-Executive Chairman Of Yum! Brands
Monday, 19 Nov 2018 04:30pm EST 

Nov 19 (Reuters) - Yum! Brands Inc ::BRIAN CORNELL APPOINTED NON-EXECUTIVE CHAIRMAN OF YUM BRANDS.YUM BRANDS - BRIAN C. CORNELL, CHAIRMAN AND CEO OF TARGET CORPORATION, HAS BEEN APPOINTED NON-EXECUTIVE CHAIRMAN OF CO.YUM BRANDS - BRIAN C. CORNELL WILL SUCCEED ROBERT D. WALTER.  Full Article

Telepizza: Pizza Hut To Have A Call Option Over Telepizza Distinctive Signs
Wednesday, 16 May 2018 02:17am EDT 

May 16 (Reuters) - Telepizza Group Sa ::PIZZA HUT TO HAVE A CALL OPTION OVER BARE OWNERSHIP OVER THE TELEPIZZA DISTINCTIVE SIGNS, EXERCISABLE ON Y3 + 18 MONTHS.SAYS EXPECTED CLOSING OF THE DEAL IN Q4 2018.SAYS TO MAINTAIN CURRENT DIVIDEND POLICY.GRADUAL CONVERSION OF TELEPIZZA STORES TO PIZZA HUT WITH FULL FLEXIBILITY IN SPAIN, PORTUGAL.TARGETS 2021 UNDERLYING EBITDA AROUND 100 MILLION EUROS.TARGETS AVERAGE ANNUAL CAPEX BY 2021 OF ABOUT 40 MILLION EUROS.  Full Article

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Yum Brands promotes COO David Gibbs to top job

Yum Brands Inc on Monday named company veteran David Gibbs as its chief executive officer, succeeding Greg Creed, who will be retiring at the end of the year.