Fast-casual dining sector exhibits 'strong momentum': Analyst [Yahoo! Finance]
Yum! Brands, Inc. (YUM)
Last yum! brands, inc. earnings: 4/29 07:00 am
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Source: Yahoo! Finance
to record robust performance . Citi Director and Restaurant Analyst Jon Tower joins Yahoo Finance Live to discuss why he believes the fast-casual dining sector is a strong investment opportunity. Tower describes fast-casual dining stocks as having "fairly strong momentum," offering high-quality food at affordable prices. He notes that their growth and opportunity in the US and internationally are in their "infancy," attracting a younger and wealthier demographic that will continue to boost growth. Specifically, Tower highlights YUM! Brands ( YUM ) as "unique," citing their expansions, global reach, and adoption of digitization across franchisees. Addressing pricing strategies for these restaurant chains, Tower explains that their price pressures mainly come from food and labor costs. He notes that both food and labor inflation have decreased significantly in recent years. However, with regions like California implementing wage increases, Tower acknowledges that "brands will have t
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YUM
News
- Yum! Brands, Inc. Completes Refinancing of Senior Secured Credit Facilities [Yahoo! Finance]Yahoo! Finance
- Yum! Brands, Inc. Completes Refinancing of Senior Secured Credit FacilitiesBusiness Wire
- What Analyst Projections for Key Metrics Reveal About Yum (YUM) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Chipotle isn't shy about making a controversial move [Yahoo! Finance]Yahoo! Finance
YUM
Earnings
- 2/7/24 - Miss
YUM
Sec Filings
- 4/26/24 - Form 8-K
- 4/16/24 - Form 4
- 4/15/24 - Form 144
- YUM's page on the SEC website