Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Popular pizza chain plans to close hundreds of stores [Yahoo! Finance]

Yum! Brands, Inc. (YUM) 
Last yum! brands, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: yum.com/investors
Company Research Source: Yahoo! Finance
The company said on Thursday that it will shutter about 300 underperforming locations across the U.S. by the end of 2027, USA Today reported. The announcement comes as the company revealed its same-store sales fell by 5.4 in the fourth quarter and were down 2.5 percent over the past year. It did see a 1 percent increase in international sales. Chief Financial Officer Ravi Thanawala said during a recent earnings call that the mostly franchisee-owned stores “are not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant.” The company has not announced yet which specific stores will be closing. “We are taking action to better align corporate and field resources with our transformation priorities and optimize spans and layers in our organizations,” Papa John's CEO Todd Penegor said during the call. Papa John's currently operates around 3,500 restaurants, so the clo Show less Read more
Impact Snapshot
Event Time:
YUM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for YUM alerts
Opt-in for
YUM alerts

from News Quantified
Opt-in for
YUM alerts

from News Quantified