McDonald's (MCD), Starbucks (SBUX) On Watch Following Yum! (YUM) Weakness
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Yum (YUM) Guidance Creates Doubts as China Slows
November 29, 2012 5:55 PM ESTYum! Brands (NYSE: YUM) dropped in after-hours trading on Thursday after the company told investors it expects 2013 EPS growth by at least 10 percent. Yum also reaffirmed 2012 EPS guidance of $3.24.
10 percent EPS growth on top of 2012 EPS of $3.24 would equate to 2013 earnings at $3.56, markedly below... More
Yum! Brands (YUM) Sees FY13 EPS Growth of 10%, Reaffirms FY12 Outlook
November 29, 2012 4:36 PM ESTYum! Brands Inc. (NYSE: YUM), in advance of its Annual Investor Meeting, reconfirms its full-year 2012 EPS growth forecast of at least 13%, or $3.24 per share, excluding Special Items. Yum! also announces it expects to once again deliver at least 10% EPS growth in 2013, excluding Special Items, which would mark twelve consecutive years of meeting or exceeding this annual EPS growth target.
David C. Novak, Chairman and CEO, said, Im pleased to report we remain on track to deliver at least 13% EPS growth this year. Our 2012 EPS growth is driven by double-digit operating profit growth,... More
