Yum! Brands (YUM) Slammed On McDonald's Read-Through
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Price: $69.21 -0.13%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 1.9%
Revenue Growth %: -7.3%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 1.9%
Revenue Growth %: -7.3%
Trade YUM Now!
Yum! Brands, Inc. (NYSE: YUM) is getting taken apart Friday on a read-through from McDonald's (NYSE: MCD) lousy Asia numbers.
McDonald's said comps in Asia/Pacific, Middle East and Africa were down 1.7% in May. The company said positive results in Australia were more than offset by negative results in Japan and, to a lesser extent, China.
Shares of YUM last traded at $63.88, down 4 percent.
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McDonald's said comps in Asia/Pacific, Middle East and Africa were down 1.7% in May. The company said positive results in Australia were more than offset by negative results in Japan and, to a lesser extent, China.
Shares of YUM last traded at $63.88, down 4 percent.
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