Shares of Yum Brands YUM moved higher by 1.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 67.19% over the past year to $1.07, which beat the estimate of $0.87.
Revenue of $1,486,000,000 up by 17.66% year over year, which beat the estimate of $1,450,000,000.
Guidance
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: Apr 28, 2021
Time: 08:15 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/yum/mediaframe/44202/indexr.html
Price Action
Company's 52-week high was at $118.97
52-week low: $77.58
Price action over last quarter: Up 12.02%
Company Description
Yum Brands is a U.S.-based restaurant operator featuring a portfolio of four brands: KFC (25,000 global units), Pizza Hut (17,600 units), Taco Bell (7,400 units), and The Habit Burger (290 units). With $50 billion in 2020 systemwide sales, the firm is the second-largest restaurant company in the world, behind McDonald's ($90 billion) but ahead of Restaurant Brands International ($31 billion) and Starbucks ($19 billion). Yum is 98% franchised, with the largest franchisee, Yum China, created via a 2016 spin-off transaction (after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity). Yum is the newest evolution of Tricon Brands, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.
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