China brought in more than half of the year’s sales, with $6.9 billion -- a 24% increase. Yum’s stock sank as much as 4% to $61.23 a share during early Tuesday trading, nearing the company’s 52-week low of $61.05.
NEW YORK – Yum Brands, which owns KFC, Pizza Hut and Taco Bell, said Thursday that its board approved a $1 billion stock buyback plan. The buyback program runs through May 2016. The Louisville-based Yum also said it has bought …
Yum China fell 2.4% to $28.10 in New York on Tuesday, the most in a month, before the results. The stock has gained 7.6% this year, compared with the 5% gain in Yum! Brands. KFC's same-store sales grew 1% in the fourth quarter. …
Yum's China business will begin trading on Nov. 1 on the New York Stock Exchange with the ticker symbol YUMC. The new company, Yum China Holdings Inc, will become a licensee of Yum Brands in mainland China and will have …
Tarqantino knocked his recommendation on the stock down to neutral from outperform. Meanwhile analysts at Deutsche Bank Markets Research questioned whether Yum’s updated guidance is sufficiently “kitchen-sinked.” “Our quick review …
Even as Jubilant Foodworks’ peer, Yum! Brands India continued its disappointing performance in the December 2015 quarter, investors have reacted less negatively this time. The share price of Jubilant Foodworks is down 1.3 per cent on …
LOUISVILLE, Ky. (AP) - Shares of Yum Brands plunged in after-hours trading after the owner of KFC, Pizza Hut and Taco Bell cut its profit outlook for the year. Citing a slower-than-expected comeback for its key China division, the company …
The decision to sell the China unit means that any setbacks in the country will have less impact on the US stock. Yum had come under mounting pressure from investors to split the units, after it had suffered a number of setbacks and food …
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The deal and the spinoff are expected to be completed on Oct. 31. The company says shares of Yum China will begin trading on the New York Stock Exchange the next day under the ticker “YUMC.” Yum Brands Inc. previously …
LOS ANGELES, Feb 3 (Reuters) - Yum Brands Inc (YUM.N), the parent of Taco Bell, Pizza Hut and KFC, on Tuesday posted a quarterly profit that topped Wall Street’s target, but shares fell 1.8 percent on slowing sales growth in China. …