Americans are choking on fast-food prices. [Yahoo! Finance]
Yum! Brands, Inc. (YUM)
Last yum! brands, inc. earnings: 4/29 07:00 am
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Source: Yahoo! Finance
When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount. Roberts, 38, now only gets fast food "as a rare treat," he told CBS MoneyWatch. "Nothing has made me cook at home more than fast-food prices." Roberts is hardly alone. Many consumers are expressing frustration at the surge in fast-food prices, which are starting to scare off budget-conscious customers. A January poll by consulting firm Revenue Management Solutions found that about 25% of people who make under $50,000 were cutting back on fast food, pointing to cost as a concern. For some of the nation's best-known restaurant chains, losing lower-income customers means weaker sales, and potentially a dent to profits, said restaurant analyst Mark Kalinowski, president of Kalinowski Equity Research. "When you look at McDonald's, they're not getting a majority of high-income customers — the middle- and lower-income class are the bulk of their bus
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- Yum! Brands, Inc. Declares Quarterly Dividend of $0.67 Per Share and Announces Authorization of up to $2.0 Billion in Share Repurchases [Yahoo! Finance]Yahoo! Finance
- Yum! Brands, Inc. Declares Quarterly Dividend of $0.67 Per Share and Announces Authorization of up to $2.0 Billion in Share RepurchasesBusiness Wire
YUM
Earnings
- 5/1/24 - Miss
YUM
Sec Filings
- 5/20/24 - Form 4
- 5/17/24 - Form 144
- 5/15/24 - Form 4
- YUM's page on the SEC website