Yum Brands: Q2 Earnings Insights
Shares of Yum Brands (NYSE:YUM) rose 0.2% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 11.83% over the past year to $0.82, which beat the estimate of $0.54.
Revenue of $1,198,000,000 declined by 8.55% year over year, which beat the estimate of $1,190,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Jul 30, 2020
Time: 08:15 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/yum/mediaframe/39083/indexr.html
Price Action
Company's 52-week high was at $119.72
Company's 52-week low was at $54.95
Price action over last quarter: Up 9.92%
Company Description
As the parent company for nearly 50,500 restaurant locations, Yum Brands operates one of the largest global quick-service restaurant systems. Concepts include KFC (24,100 units), Pizza Hut (18,700), Taco Bell (7,400), and The Habit (270). Yum Brands generated $53 billion in system sales in 2019 (53% KFC, 25% Pizza Hut, 22% Taco Bell). In November 2016, Yum China was spun out as a stand-alone company, but it is paying 3% of systemwide sales to Yum Brands annually as a trademark franchisee. Franchisees operated 98% of Yum Brand locations as of March 2020.
