Categories AlphaGraphs, Consumer

Decoding Yum! Brands Q2 earnings: Infographic

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.

Yum Brands Q2 2020 earnings

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.

Looking forward to listening to management/ analysts comments on Q2 results? Stay tuned here for Yum! Brands Q2 2020 earnings call transcript

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