Finally, Yum China boosted its stock repurchase authorization by $250 million, bringing its total authorization to $550 million. Subsequent to the end of the year, Yum China estimated that it would need to recognize a one-time expense of …
We think that’s massive.” As part of the deal, Yum purchased $200 million of newly issued common stock in Grubhub, which the delivery company said will help accelerate its expansion. Grubhub’s shares jumped more than 27 percent at …
We are in the thick of the Q3 earnings season with results seemingly on solid ground given the positive momentum on the revenue front. Apart from maintaining the above-average proportion of positive earnings surprises, the estimate revision …
Kentucky headquartered Yum! Brands Inc. saw a rise of 0.55%, ending the day at $73.50. The stock recorded a trading …
In its first full year since separating from Yum Brands, Yum China (NYSE: YUMC) stock climbed 53% in 2017, making it one of the top performing restaurant stocks of the year. The exclusive operator of Kentucky Fried Chicken ("KFC"), …
The restaurant industry has been lacking zing over the past few quarters. Negative comps resulting from sluggish traffic, along with rising costs, continue to take the shine out of restaurant stocks. Nevertheless, some of the big names like …
Yum! Brands, Inc. (NYSE: YUM) Board of Directors yesterday authorized repurchases of up to $1.5 billion in shares of common stock through year end 2018. This is in addition to the prior outstanding authorization. The anticipated share …