Yum! (YUM) Ticks Higher as McDonald's (MCD) Reports Stronger Asia/Pac. Comps
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Yum! Brands (NYSE: YUM) is on watch Friday morning following McDonald's (NYSE: MCD) February sales result.
In part, McDonald's said that adjusted comps in Asia/Pacific rose 1.5 percent (excluding a calendar shift).
With Yum! facing some fallout from its recent chicken debacle, investors might be hoping that the sign is a positive one moving forward. McDonald's itself offers several chicken dishes, from McNuggets to various sandwiches.
Shares of Yum! are indicated for a higher open Friday.
In part, McDonald's said that adjusted comps in Asia/Pacific rose 1.5 percent (excluding a calendar shift).
With Yum! facing some fallout from its recent chicken debacle, investors might be hoping that the sign is a positive one moving forward. McDonald's itself offers several chicken dishes, from McNuggets to various sandwiches.
Shares of Yum! are indicated for a higher open Friday.
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