Yum! Brands (NYSE: YUM) posted second-quarter financial before the opening bell on Thursday. The Q2 revenues were broadly in line with expectations, while the bottom-line was much stronger than what the street had anticipated.
YUM shares were trading modestly higher immediately following the announcement. The stock has fallen 7% since the beginning of this year, hurt by pandemic-driven store closures.
CEO David Gibbs said Same-store sales trends for open stores stabilized in June just a few points short of flat, despite the majority of our dining rooms still remaining closed, and these trends have continued into July.
Prior performance
[irp posts=”66019″]
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,