Yum! Brands (YUM) Tumbles 4% as Q2 Earnings Look Mixed
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Price: $152.99 +0.43%
Financial Fact:
Net Income - YUM! Brands, Inc.: 339M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Net Income - YUM! Brands, Inc.: 339M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Yum! Brands (NYSE: YUM) shares have fallen more than 4% in the after-hours session following mixed Q2 results.
The parent company of KFC, Taco Bell, Pizza Hut and A&W saw its ">adjusted-EPS for Q2 rise 10% to $0.50, while its sales fell 7% from $2.32 billion in the same quarter last year to $2.15 billion in this most recent quarter. Yum! also reported a 1% drop in same store sales within its U.S. division.
Yum! maintained its FY09 EPS guidance of $2.10, representing 10% growth, ex-items. The Street is currently expecting FY09 EPS of $2.12.
UPDATE: Click here to see some highlights from Yum!'s Q2 conference call.
The parent company of KFC, Taco Bell, Pizza Hut and A&W saw its ">adjusted-EPS for Q2 rise 10% to $0.50, while its sales fell 7% from $2.32 billion in the same quarter last year to $2.15 billion in this most recent quarter. Yum! also reported a 1% drop in same store sales within its U.S. division.
Yum! maintained its FY09 EPS guidance of $2.10, representing 10% growth, ex-items. The Street is currently expecting FY09 EPS of $2.12.
UPDATE: Click here to see some highlights from Yum!'s Q2 conference call.
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