Seeking Alpha

YUM! Brands, Inc. (YUM)

  • Nov. 30, 2012, 7:43 AM
    More reaction to Yum Brands (YUM): The announcement that sales could slip in China for the first time since Q4 of 2009 is "very surprising" to analysts expecting the growth train to roar on. Raymond James doesn't mince words, saying the drop off in China traffic creates "significant visibility issues" for profits. Shares of YUM are stumbling, -9.7% premarket to $67.28.
    | Comment!
  • Nov. 30, 2012, 7:33 AM
    Yum Brands (YUM) starts to fall out of favor with analysts after the company lowered its profit expectations for 2013. Susquehanna downgrades the restaurant operator to Neutral from Positive, while Deutsche Bank clipped its price target to $66 and lowered EPS estimates. YUM -9.5% premarket.
    | Comment!
  • Nov. 29, 2012, 5:46 PM
    After-hours top gainers, as of 5:15 p.m.: CBK +17.1%. FIVE +8.6%. SKUL +6.8%. ULTA +5.2%. RGC +3.9%.
    After-hours top losers: ZNGA -10.7%. YUM -7.3%. ZUMZ -6.9%. AVGO -3.1%. GRPN -3.0%.
  • Nov. 29, 2012, 4:48 PM
    Reaffirming its FY2012 EPS growth forecast of 13%, or $3.24/share, Yum Brands (YUM) sees softer business in China in Q4 leading to negative (-4%) same-store sales growth. Shares -4% AH. (PR)
  • Nov. 29, 2012, 10:03 AM
    Efforts to unionize fast-food workers ramp up this week with organized protests in the works at McDonald's (MCD -0.3%), Taco Bell (YUM +1%), and Wendy's (WEN -0.4%). Though the activity is catching some headlines, unionization efforts seem more likely to fizzle than generate higher costs for restaurant operators. If the Black Friday protests at Wal-Mart are any indication, it may be business as normal despite all the sound and fury.
  • Nov. 16, 2012, 3:20 PM
    Yum Brands, Inc. (YUM) declares $0.34/share quarterly dividend, in line with previous. Forward yield 1.87%. For shareholders of record Jan 11. Payable Feb. 1. Ex-div Jan 9. (PR)
    | Comment!
  • Nov. 16, 2012, 12:51 PM
    Yum Brands (YUM +0.9%) approves a new share repurchase plan that will allow the company to buy back $1B worth of stock up until May 31, 2014. The company says it has repurchased $815M YTD at an average price of $66.
    | Comment!
  • Nov. 1, 2012, 2:59 PM
    BofA's 14 stocks set to surge after Sandy: road and rail firms SWFT, KNX, JBHT, UNP and KSU on demand to transport raw materials; lumber stocks WY and LPX; YUM since restaurants "tend to open faster than consumers regain power"; energy firms VLO and HES unaffected by Sandy; NUE on steel demand; retailers HD and LOW; smart grid software maker ITRI.
    | 1 Comment
  • Oct. 24, 2012, 1:51 PM
    Einhorn vs. Chipotle, Round 2: Greenlight Capital's bearish stance on Chipotle (CMG +1.2%) doesn't budge an inch with the firm continuing to hold on to its view that the new menu from Taco Bell (YUM +0.2%) will be a major drag on the restaurant chain's sales. A survey by the hedge fund found a high percentage of Chiptole customers sampled the Cantina Bell menu after its launch, with 50% rating it equal or better fare. (Greenlight Capital letter .pdf)
  • Oct. 19, 2012, 8:51 AM
    Yum Brands (YUM +1%) falls 1.5% in premarket trading after McDonald's issues its relatively weak Q3 report and early warning on Q4. On the topic of rivals in the space, the company was referred to indirectly yesterday during Chipotle's CC (transcript) when execs maintained their company wasn't losing significant transactions to someone else because its model isn't easy to copy. Look for Q4 to help resolve the Chipotle vs. Taco Bell debate with Cantina Bell putting in a full quarter worth of results.
    | Comment!
  • Oct. 18, 2012, 4:56 PM
    The other half of the Einhorn Chipotle thesis, Yum Brands (YUM), snoozes the news that Chipotle expects subdued growth for next year, trading flat AH. Though Einhorn finds YUM pricey and says he isn't long, traders are starting to wonder if maybe a surge in Taco Bell sales won't feed the company's bottom line after all.
  • Oct. 11, 2012, 8:06 AM
    Quick service restaurants continue to play catch-up with leaders Chipotle (CMG) and Panera Bread (PNRA) as they try to subtly shift from "fast food" to "fast casual" and steal customers from sit-down alternatives. After McDonald's (MCD) set the bar high with premium coffee, smoothies, and reworked restaurants with HD TVs - nearly every chain has set in motion a modernization plan of its own.
    | Comment!
  • Oct. 10, 2012, 10:08 AM
    Yum Brands (YUM +7.4%) knocks out a gain after reporting solid numbers for Q3 including steady sales in China. Looking ahead, the company plans to open over 1700 new units this year and says the pace of expansion in China is still on track. A charge of $25M-$75M is expected in Q4 as more employees take an early payout of pension benefits. (conference call, earnings, sales breakdown)
    | Comment!
  • Oct. 9, 2012, 4:56 PM
    More Yum Brands' FQ3: Same-store sales +6% Y/Y in both China and the U.S., YRI markets +2%. Total Chinese sales +23% Y/Y, but YRI markets -2% and U.S. +1%. Indian sales +29% (exc. forex). Global restaurant margin rose 190 bps Y/Y to 18.9%, boosted by a 460 bps increase in the U.S. division's margin to 16.7%. China now has 4,952 "traditional restaurants" (+18% Y/Y) and 4,043 KFC locations (+16%). $414M in shares repurchased. YUM +3.6% AH. CC tomorrow at 9:15AM ET (webcast). (PR)
    | Comment!
  • Oct. 9, 2012, 4:32 PM
    Yum! Brands, Inc. (YUM): Q3 EPS of $0.99 beats by $0.02. Revenue of $3.57B (+9% Y/Y) misses by $70M. Shares +3.3% AH. (PR)
    | Comment!
  • Oct. 9, 2012, 12:10 AM
    Notable earnings after Tuesday’s close: AA, ADTN, YUM
    | Comment!
Visit Seeking Alpha's
YUM vs. ETF Alternatives
Company Description
Yum Brands Inc through the three concepts of KFC, Pizza Hut and Taco Bell, develops, operates, franchises and licenses a system of restaurants which prepare, package and sell a menu of competitively priced food items.
Sector: Services
Industry: Restaurants
Country: United States