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Thursday, November 2, 2017

-=Yum! Brands (YUM) reported earnings on Thur 2 Nov 2017 (b/o)

Yum! Brands beats by $0.01, beats on revs; Maintains 2017 guidance 
  • Reports Q3 (Sep) earnings of $0.68 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.67; revenues fell 5.4% year/year to $1.44 bln vs the $1.39 bln Capital IQ Consensus.
  • Worldwide system sales grew 6%, with KFC at 7%, Taco Bell at 6% and Pizza Hut at 3%.
  • Maintains Full-Year Core Operating Profit Growth Guidance.  

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