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Yum Brands +2.5% after mixed report

Feb. 04, 2015 4:35 PM ETYum! Brands, Inc. (YUM) StockBy: Clark Schultz, SA News Editor
  • Yum Brands (NYSE:YUM) reports mixed numbers for Q4 with some regions and brands pulling up from last quarter.
  • Worldwide restaurant margin -20 bps to 10.2%., dragged down by a sharp slide in margins in the China division.
  • The comp put up the China division was -16%.
  • The Taco Bell division was a bright spot with a 6% comp and improved margins on 2% unit growth. The U.S. comp was +3%.
  • The comp was flat in the Pizza Hut division, but margins tailed off on a sales deleverage and global investment spend.
  • The India division grew sales 14% on a wider roll-out of KFC and home service.
  • YUM +2.5% after hours.

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