Yum! Brands Reports Second-Quarter GAAP Operating Profit Growth of 7%; Second-Quarter Core Operating Profit Decline of (6)%; Maintains Full-Year Guidance

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Yum! Brands (YUM) PT Lowered to $93 at Cowen

August 2, 2018 3:53 PM EDT

Cowen lowered its price target on Yum! Brands (NYSE: YUM) to $93.00 (from $94.00) while maintaining a Outperform rating.

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Yum! Brands (YUM) Tops Q2 EPS by 8c

August 2, 2018 7:04 AM EDT

Yum! Brands (NYSE: YUM) reported Q2 EPS of $0.82, $0.08 better than the analyst estimate of $0.74. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.36 billion.

GREG CREED COMMENTS

Greg Creed, CEO, said, We continue to execute against our multi-year transformation strategy and remain on track with our full-year 2018 guidance.... More