AMD, CVS Health, Yum! Brands rise premarket; Starbucks, Kraft fall
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Kraft Heinz (KHC) misses revenue estimates after US market share headwinds
August 2, 2023 9:26 AM EDTKraft Heinz (NASDAQ: KHC) is trading lower in early Wednesday trading after its revenue for the second quarter missed consensus estimates.
The food company reported Q2 EPS of $0.79, $0.03 better than the analyst estimate of $0.76. However, revenue for the quarter came in at $6.72 billion, up 2.6% YoY but... More
Yum! Brands (YUM) slides despite profit beat
August 2, 2023 8:56 AM EDTYum! Brands (NYSE: YUM) shares are down premarket Wednesday despite topping second-quarter earnings expectations.
The fast food company, which owns the likes of KFC and Taco Bell, reported earnings of $1.41 per share, $0.17 better than the analyst consensus estimate of $1.24.
YUM shares... More
