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Yum! Brands Inc (YUM.N)

YUM.N on New York Stock Exchange

90.43USD
7 Dec 2018
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$-1.07 (-1.17%)
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Latest Key Developments (Source: Significant Developments)

Yum Brands Exec - Co sees 2 Pct -3 Pct Same-Stores Sales Growth In Fiscal 2019 - Investors Day
Wednesday, 5 Dec 2018 11:18am EST 

Dec 5 (Reuters) - Yum! Brands Inc ::CEO - WE NOW HAVE LESS THAN 1000 OF COMPANY-OWNED RESTAURANTS - INVESTORS DAY.CEO - CO ON TRACK FOR 2019 EPS TARGET OF AT LEAST $3.75 - INVESTORS DAY.CEO - WE HAVE ALL REGULATORY APPROVAL FOR PIZZA HUT-TELEPIZZA DEAL NOW - INVESTORS DAY.EXEC - SEES NET NEW UNITS GROWTH OF 3 PERCENT - 4 PERCENT FOR FISCAL 2020+ - INVESTORS DAY.EXEC - WE HAVE 10,000 CLICK COLLECT KFC RESTAURANT AND TARGETING OVER 18,000 COLLECTION POINTS - INVESTORS DAY.EXEC - SEES SAME-STORE SALES GROWTH OF 2-3 PERCENT FOR FISCAL 2020+ - INVESTORS DAY.EXEC - WE HAVE LESS THAN 400 KFC RESTAURANTS IN INDIA AND CAN DOUBLE THE NUMBER IN NEXT FIVE YEARS - INVESTORS DAY.EXEC ON PIZZA HUT- ASSETS REMAINS A DRAG ON PIZZA HUT'S BRAND PERCEPTION AND ABILITY TO EXECUTE - INVESTORS DAY.EXEC ON PIZZA HUT'S VALUE OFFERINGS - WE ARE STILL LAGGING OUR PRIMARY COMPETITORS - INVESTORS DAY.EXEC ON PIZZA HUT INTERNATIONAL - SEES 25 PERCENT OF DINE-IN ASSETS IN NEXT 3- 5 YEARS VERSUS 42 PERCENT OF DINE-IN ASSETS TODAY - INVESTORS DAY.EXEC - CO TO OPEN 250 TACO BELL UNITS OVER THE NEXT 10 YEARS IN SPAIN - INVESTORS DAY.EXEC - OPENING 100 TACO BELL UNITS OVER THE NEXT 3 YEARS IN INDIA - INVESTORS DAY.EXEC SEES 1000+ PER MARKET TACO BELL UNIT POTENTIAL IN BRAZIL, RUSSIA, INDIA AND CHINA - INVESTORS DAY.EXEC SEES 100+ PER MARKET TACO BELL UNIT POTENTIAL IN SPAIN, U.K, CENTRAL AMERICA, EASTERN EUROPE, SOUTHEAST ASIA, AUSTRALIA/NEW ZEALAND - INVESTORS DAY.  Full Article

Pizza Hut U.S. to buy online ordering provider Quikorder
Tuesday, 4 Dec 2018 05:01pm EST 

Dec 4 (Reuters) - Yum! Brands Inc ::PIZZA HUT U.S. TO ACQUIRE LEADING ONLINE ORDERING PROVIDER QUIKORDER.YUM BRANDS - TERMS OF DEAL WERE NOT DISCLOSED.  Full Article

European Commision Approves Alliance Of Telepizza And Pizza Hut
Tuesday, 4 Dec 2018 02:22am EST 

Dec 4 (Reuters) - Telepizza Group SA ::EUROPEAN COMMISSION AUTHORIZES STRATEGIC ALLIANCE BETWEEN TELEPIZZA GROUP AND PIZZA HUT.ALLIANCE WILL BECOME EFFECTIVE ON DECEMBER 30, 2018.FOLLOWING CLOSING OF AGREEMENT, CHAIN SALES TO INCREASE TO 1.1 BILLION EUROS PER YEAR.SEES 2021 EBITDA AT 100 MILLION EUROS.ALLIANCE ASSUMES OPENING OF 1,300 TELEPIZZA GROUP STORES DURING NEXT TEN YEARS.  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 CHIEF EXECUTIVE OFFICER OF TARGET CORPORATION, HAS BEEN NON-EXECUTIVE CHAIRMAN OF YUM! BRANDS.YUM BRANDS - BRIAN C. CORNELL WILL SUCCEED ROBERT D. WALTER.  Full Article

Yum! Brands, Inc. Declares Quarterly Dividend Of $0.36 Per Share
Friday, 16 Nov 2018 04:18pm EST 

Yum! Brands Inc ::YUM! BRANDS, INC. DECLARES QUARTERLY DIVIDEND OF $0.36 PER SHARE.  Full Article

Yum! Brands Prices $1.45 Bln Securitized Notes
Thursday, 15 Nov 2018 05:13pm EST 

Nov 15 (Reuters) - Yum! Brands Inc ::YUM! BRANDS, INC. PRICES $1.45 BILLION SECURITIZED NOTES.YUM BRANDS - AGGREGATE PRINCIPAL AMOUNT OF NOTES TO BE ISSUED IN OFFERING WAS INCREASED TO $1.45 BILLION FROM PREVIOUSLY ANNOUNCED $1.2 BILLION..YUM BRANDS - TACO BELL FUNDING HAS AGREED TO ISSUE AND SELL $825 MILLION OF ISSUER'S SERIES 2018-1 4.318% FIXED RATE SENIOR SECURED NOTES, CLASS A-2-I.YUM BRANDS - TACO BELL FUNDING HAS AGREED TO ISSUE AND SELL $625 MILLION OF ITS SERIES 2018-1 4.940% FIXED RATE SENIOR SECURED NOTES, CLASS A-2-II.YUM BRANDS-TACO BELL FUNDING EXPECTS TO USE PROCEEDS OF NOTES FOR REPAYMENT OF SERIES 2016-1 CLASS A-2-I NOTES, OUTSTANDING INDEBTEDNESS OF AFFILIATES.  Full Article

Yum! Brands Reports Q3 GAAP Earnings Per Share $1.40
Wednesday, 31 Oct 2018 07:00am EDT 

Oct 31 (Reuters) - Yum! Brands Inc ::YUM! BRANDS REPORTS THIRD-QUARTER GAAP OPERATING PROFIT DECLINE OF (14)%; DELIVERS THIRD-QUARTER CORE OPERATING PROFIT GROWTH OF 2%; SYSTEM SALES GROWTH OF 5%.Q3 EARNINGS PER SHARE $1.04 EXCLUDING ITEMS.Q3 GAAP EARNINGS PER SHARE $1.40.Q3 EARNINGS PER SHARE VIEW $0.83 -- THOMSON REUTERS I/B/E/S.YUM BRANDS - QTRLY WORLDWIDE SYSTEM SALES EXCLUDING FOREIGN CURRENCY TRANSLATION GREW 5%.YUM BRANDS QTRLY WORLDWIDE SYSTEM SALES EXCLUDING FOREIGN CURRENCY TRANSLATION GREW 5%, WITH TACO BELL AT 8%, KFC AT 7%, AND PIZZA HUT FLAT.YUM BRANDS QTRLY TOTAL REVENUES $1,391 MILLION VERSUS $1,436 MILLION.YUM BRANDS - Q3 RESULTS REFLECTED CHANGE IN FAIR VALUE OF INVESTMENT IN GRUBHUB BY RECORDING $94 MILLION OF PRE-TAX INVESTMENT INCOME.YUM BRANDS - FOREIGN CURRENCY TRANSLATION UNFAVORABLY IMPACTED DIVISIONAL OPERATING. PROFIT BY $9 MILLION IN QUARTER.YUM BRANDS - DELIVERED THIRD-QUARTER SYSTEM SALES GROWTH OF 5%, CONSISTING OF SAME STORE SALES GROWTH OF 2% AND NET NEW UNIT GROWTH OF 4%.YUM BRANDS - RECORDED NET REFRANCHISING GAINS OF $100 MILLION IN SPECIAL ITEMS IN QUARTER.Q3 REVENUE VIEW $1.38 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Ibersol H1 Net Profit Up At 10.7 Mln Euros
Friday, 7 Sep 2018 12:19pm EDT 

Sept 7 (Reuters) - Ibersol SGPS SA ::H1 NET PROFIT 10.7 MILLION EUROS VERSUS 9.5 MILLION EUROS YEAR AGO.H1 OPERATING REVENUE 215.8 MILLION EUROS VERSUS 209.3 MILLION EUROS YEAR AGO.H1 EBITDA 26.5 MILLION EUROS UP 3.3 PERCENT VERSUS YEAR AGO.SAYS IS IN TALKS WITH TELEPIZZA OVER FUTURE RELATIONSHIP FRAMEWORK AFTER TELEPIZZA'S DEAL WITH PIZZA HUT.SAYS TO MAINTAIN OPERATION OF EXISTING RESTAURANTS ON CONTRACTED TERMS, TO AGREE WITH TELEPIZZA FUTURE DEVELOPMENT OF NEW LOCATIONS.  Full Article

Yum Brands Taco Bell Signs Brand's First Master Franchise Agreements
Thursday, 28 Jun 2018 08:00am EDT 

June 28 (Reuters) - Yum! Brands Inc ::TACO BELL SIGNS BRAND'S FIRST MASTER FRANCHISE AGREEMENTS.TACO BELL AND FRANCHISE PARTNERS IN BRAZIL AND SPAIN SIGN ON TO OPEN MORE THAN 400 RESTAURANTS IN NEXT DECADE.  Full Article

Pizza Hut And Telepizza Group Announce International Growth Alliance
Wednesday, 16 May 2018 02:00am EDT 

May 16 (Reuters) - :PIZZA HUT AND TELEPIZZA GROUP ANNOUNCE LANDMARK INTERNATIONAL GROWTH ALLIANCE.PIZZA HUT - CO, TELEPIZZA ANNOUNCE ALLIANCE TO ACCELERATE GROWTH ACROSS LATIN AMERICA (EXCLUDING BRAZIL), CARIBBEAN, SPAIN, PORTUGAL AND SWITZERLAND.PIZZA HUT - TRANSACTION IS NOT EXPECTED TO HAVE A SIGNIFICANT IMPACT ON YUM BRANDS’ CORE OPERATING RESULTS OR CASH FLOWS OVER NEXT FEW YEARS.PIZZA HUT - LONG-TERM ALLIANCE INVOLVES TELEPIZZA GROUP OPENING 1,300 NEW STORES OVER THE NEXT 10 YEARS ACROSS REGIONS COVERED IN ALLIANCE.PIZZA HUT - DEAL DOUBLES PIZZA HUT’S FOOTPRINT IN THE REGIONS COVERED BY THE ALLIANCE.  Full Article

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Yum Brands to reduce Pizza Hut's dine-in operations, focus on delivery

Yum Brands Inc on Wednesday forecast same-store sales growth of 2 percent to 3 percent for fiscal 2019 and said it would reduce Pizza Hut's dine-in operations as it sharpens its focus on delivery.