Why fast-food price increases have surpassed overall inflation [CNBC]
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: CNBC
Fast-food chains such as Chick-Fil-A and Taco Bell are included in the limited-service meals and snacks category in the consumer price index report, which shows prices are up nearly 28% from 2019 to 2023. The full-service meals and snacks category, which covers sit-down restaurants with servers, meanwhile, has increased about 24% and overall CPI was up by about 19% in the same time period. “There were increased commodity costs. We've seen those start to normalize,” said Stephens analyst Jim Salera. “But what continues to be ahead of historical averages is the increase in labor costs that restaurants are seeing.” Chains such as Wingstop and Chipotle are passing these costs on to their customers, especially in states such as California, where the minimum wage has increased to $20 an hour. Now the pressure is catching up. Yum Brands, which owns KFC, Taco Bell and Pizza Hut, reported earnings that missed analysts' estimates for the first quarter of 2024, while McDonald's reported m
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
YUM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
YUM alerts
High impacting Yum! Brands, Inc. news events
Weekly update
A roundup of the hottest topics
YUM
News
- 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! Brands' (YUM) Pizza Hut Announces Latest Menu Offering [Yahoo! Finance]Yahoo! Finance
- $10 Million Dollars, 1,000+ Scholars and a Whole Lot of Tacos - the Taco Bell Foundation Is Fueling Pathways to Higher Education [Yahoo! Finance Canada]Yahoo! Finance Canada
- Restaurant365 raises $175 million in funding from ICONIQ Growth, KKR and L Catterton [Yahoo! Finance]Yahoo! Finance
YUM
Earnings
- 5/1/24 - Miss
YUM
Sec Filings
- 5/17/24 - Form 144
- 5/15/24 - Form 4
- 5/15/24 - Form 144
- YUM's page on the SEC website