Categories AlphaGraphs, Consumer

Decoding Yum! Brands Q2 earnings: Infographic

Yum! Brands (NYSE: YUM) posted second-quarter financial before the opening bell on Thursday. The Q2 revenues were broadly in line with expectations, while the bottom-line was much stronger than what the street had anticipated.

YUM shares were trading modestly higher immediately following the announcement. The stock has fallen 7% since the beginning of this year, hurt by pandemic-driven store closures.

Yum Brands Q2 2020 earnings

CEO David Gibbs said Same-store sales trends for open stores stabilized in June just a few points short of flat, despite the majority of our dining rooms still remaining closed, and these trends have continued into July.

Looking forward to listening to management/ analysts comments on Q2 results? Stay tuned here for Yum! Brands Q2 2020 earnings call transcript

Prior performance

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Leave a Reply

Your email address will not be published. Required fields are marked *

Add Comment
Loading...

Cancel
Viewing Highlight
Loading...
Highlight
Close
Top