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.
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections. Global comparable store sales increased
Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search
Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,