Yum! Brands Inc. (NYSE: YUM) reported third quarter 2021 earnings results today.
Total revenues increased 11% year-over-year to $1.6 billion.
Net income rose 87% to $528 million while EPS rose 90% to $1.75. Adjusted EPS increased 21% to $1.22.
Same-store sales grew 5%.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Food companies have performed better than most other sectors during the pandemic as government restrictions forced people to cook at home. Investors, in general, find the stocks of such companies
Shares of Beyond Meat Inc. (NASDAQ: BYND) gained 20% on Friday, recovering from the beating it took following the disappointing first quarter 2022 earnings report it delivered earlier this week.
Solar panel manufacturer JinkoSolar Holdings Co. (NYSE: JKS) has reported a sharp increase in first-quarter revenues, reflecting higher production and shipment of modules. Meanwhile, the company's net profit declined year-over-year. Net