Nomura Securities Raises Price Target on Yum! Brands (YUM) Following 2Q Release

Go back to Nomura Securities Raises Price Target on Yum! Brands (YUM) Following 2Q Release

Yum! Brands Reports Second-Quarter GAAP Operating Profit Growth of 32%; Delivered Core Operating Profit Growth of 7%; Raises Full-Year Core Operating Profit Growth Guidance to At Least 14%

July 13, 2016 4:15 PM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today reported results for the second quarter ended June 11, 2016, including GAAP EPS of $0.81 and EPS excluding Special Items of $0.75.

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Core operating profit growth figures exclude foreign currency translation ("F/X") and Special Items. Special Items are not allocated to any segment and therefore only impact worldwide reported results. See reconciliation of non-GAAP measurements to GAAP results within this... More

Taco Bell Flagship Restaurant Coming to Las Vegas

July 12, 2016 5:00 PM EDT

Cantina restaurant with a distinctly Vegas experience to open on Harmon Corner on Las Vegas Strip

IRVINE, Calif.--(BUSINESS WIRE)-- Taco Bell today revealed it is going all in. This fall, the eatery will open a flagship restaurant in the heart of the Las Vegas Strip complete with the unique and social dining features of new Taco Bell Cantina restaurants.

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Pizza Hut® Announces New Social Ordering Platform

July 12, 2016 4:25 PM EDT

PLANO, Texas, July 12, 2016 /PRNewswire/ -- Pizza Hut, recognized as the pizza restaurant which serves and delivers more pizzas than any other pizza restaurant in the world, along with leading SaaS platform tech company Conversable, are announcing today the launch of a new Pizza Hut social ordering platform, or "chatbot," to allow for conversational ordering of favorite pizzas and other menu items on Facebook Messenger and Twitter. The platform, which will be available across Pizza Hut social media accounts this fall, is debuting at the 2016 Venturebeat MobileBeat Conference in San Francisco with a demo from Baron Concors,... More