The Coronavirus Has Accelerated Taco Bell’s Plans To Increase Its Order-Ahead Business [Forbes]
Yum! Brands, Inc. (YUM)
Last yum! brands, inc. earnings: 4/29 07:00 am
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Source: Forbes
LAS VEGAS, NEVADA - MARCH 30: An exterior view shows a Taco Bell restaurant on March 30, 2020 in... [+]Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)Taco Bell took an especially big hit during Yum Brands’ first quarter, with the coronavirus pandemic taking morning commuters off the road and essentially grinding itsthriving breakfast businessGranted, the chain finished Q1 with positive same-store sales growth of 1%, a rare plus sign in a quarter that included the cruel month of March. But those sales were trending toward 6% before the coronavirus set in, well above industry averages.That doesn’t mean CEO Mark King is pessimistic about a recovery, however. In fact, quite the opposite.“It’s been a difficult 45 days. But in some ways, we are well positioned because of what consumers are looking for right now,” King said during a phone interview last week. “Our insights group tells us customers want it to be safe to buy their food and [they want] value. The top word to describe Ta
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YUM
News
- Cramer says he likes Cracker Barrel, but investors should wait for more information before buying [CNBC]CNBC
- Yum! Brands, Inc. (NYSE: YUM) had its price target lowered by analysts at JPMorgan Chase & Co. from $134.00 to $132.00. They now have a "neutral" rating on the stock.MarketBeat
- Fast-food restaurant sales slump as more people eat at home [FOX Business Network]FOX Business Network
- Yum! Brands, Inc. (NYSE: YUM) had its price target raised by analysts at Barclays PLC from $144.00 to $148.00. They now have an "overweight" rating on the stock.MarketBeat
- Yum! Brands, Inc. (NYSE: YUM) had its price target raised by analysts at BMO Capital Markets from $133.00 to $135.00. They now have a "market perform" rating on the stock.MarketBeat
YUM
Earnings
- 5/1/24 - Miss
YUM
Sec Filings
- 5/2/24 - Form 144
- 5/1/24 - Form 8-K
- 4/26/24 - Form 8-K
- YUM's page on the SEC website