— Yum! Brands Inc. (NYSE: YUM) reported Q4 2019 earnings of $1.00 per share, vs. $1.13 expected.
— Revenues grew 9% to $1.7 billion, vs. $1.65 billion expected.
— Worldwide system sales, excluding foreign currency translation grew 10%.
— Consolidated same-store sales grew 2%.
— Net new units grew 4%.
— Pizza Hut revenues grew 8% to $297 million.
— Taco Bell revenues increased 11% to $665 million.
— KFC revenues rose 7% to $732 million.
— YUM shares fell 0.45% immediately following the announcement.
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard