McDonald's (MCD), Starbucks (SBUX) On Watch Following Yum! (YUM) Weakness
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Price: $69.21 -0.13%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 1.9%
EPS Growth %: -7.9%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 1.9%
EPS Growth %: -7.9%
Trade YUM Now!
After the close, Yum! Brands (NYSE: YUM) reported weak same store sales growth in China and gave sub-par FY13 guidance. With the stock down 8 percent, investors are keeping their eye on peers McDonald's Corp. (NYSE: MCD) and Starbucks Corp. (Nasdaq: SBUX), as they could experience weakness related to YUM's snafu.
While a much smaller percentage of profits, both companies have exposure to China and stocks could be affected.
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While a much smaller percentage of profits, both companies have exposure to China and stocks could be affected.
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*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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