NYSE:YUM - New York Stock Exchange, Inc. - US9884981013 - Common Stock - Currency: USD
Yum Brands seems to be bucking a downward trend in the quick-service food space ahead of Taco Bell's investor event.
AbbVie trades at $205.51 per share and has stayed right on track with the overall market, gaining 5.2% over the last six months. At the same time, the S&P 500 has returned 5.1%.
Over the last six months, Graphic Packaging Holding’s shares have sunk to $26.27, producing a disappointing 10.5% loss - a stark contrast to the S&P 500’s 5.1% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Mentions: GPK
Taco Bell has seen its comp sales improve to 5% YoY growth while Chipotle's comp sales growth peaked at 11.4% in Q2 dropping to 5.4% YoY by the end of Q4 2024.
Shares of fast-food company Yum! Brands (NYSE:YUM) jumped 8.1% in the morning session after the company reported fourth-quarter results that met analysts' expectations for same-store sales, leading to in-line revenue. On the bottom line, EPS beat slightly. While there was no specific 2025 guidance, management noted that this year should be another one following their long-term growth algorithm. Overall, this was a solid quarter with no major surprises.
YUM earnings call for the period ending December 31, 2024.
Fast-food company Yum! Brands (NYSE:YUM) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 16% year on year to $2.36 billion. Its non-GAAP profit of $1.61 per share was 0.9% above analysts’ consensus estimates.
Oklahoma is poised to become the first Republican state to try to use its influence as an investor to end DEI in corporate America, targeting companies including Amazon.com Inc. and Alphabet Inc. in shareholder proxy proposals.
New faces at the top at the Seattle-based coffee chain.