Yum! (YUM) Lowers China Division Q4 Comps Outlook; Adjusts FY12 EPS Outlook
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Oppenheimer Lowers Yum! Brands (YUM) Profit and Growth Forecast
January 14, 2013 10:36 AM ESTLast week Yum! Brands (NYSE: YUM) lowered guidance to reflect slower growth assumptions in China. The cut reduced Q4 comps projections to -6 percent from -4 percent previously. EPS was taken to $3.24. China represents 43 percent of Yum profits so the impact of potentially slower... More
Jefferies Cuts Numbers on Yum! Brands (YUM) Following China Sales Warning
January 8, 2013 11:47 AM ESTJefferies cut its price target on Hold-rated Yum! Brands (NYSE: YUM) from $70 to $68 following news that the lowered 4Q China SSS to -6% from -4%.
"Think momentum will be tough to regain, esp. with 1H13 already facing difficult compares, and expect NT multiple... More
