UPDATE: Yum! Brands (YUM) PT Lowered to $120 at Loop Capital

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Go back to UPDATE: Yum! Brands (YUM) PT Lowered to $120 at Loop Capital

Yum! Brands Reports First-Quarter Results; Q1 Record 997 Gross Unit Openings and Record Digital Mix Exceeding 40%; System Sales Growth of 8% Driven by 6% Unit Growth and 3% Same-Store Sales Growth

May 4, 2022 7:00 AM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today reported results for the first quarter ended March 31, 2022. Worldwide system sales excluding foreign currency translation grew 8%, with 6% unit growth and 3% same-store sales growth. First quarter GAAP EPS was $1.36, an increase of 27% year-over-year. First quarter EPS excluding Special Items was $1.05, a decrease of (1)% year-over-year.

This press release features multimedia. View the full release here:... More

TACO BELL AND THE TACO BELL FOUNDATION CALL ON YOUNG PEOPLE TO PITCH THEIR IDEAS AND CHANGE THE WORLD

May 3, 2022 6:00 AM EDT

Taco Bell's Chief Impact Officer, Lil Nas X, is supporting the Taco Bell Foundation and partner agency, Ashoka, the largest global network of leading social entrepreneurs, to put out a call for game-changing ideas to solve today's most pressing challenges

IRVINE, Calif., May 3, 2022 /PRNewswire/ -- Not everyone knows where to begin when they have a game-changing idea, whether it's to address a local community struggle or uproot a systemic issue. Former Taco Bell team member... More