FINWIRES · TerminalLIVE
FINWIRES

$YUM

38 stories mentioning YUMUpdated just now

Every FINWIRES story that references YUM, newest first.

Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 2.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 1%.In corporate news, Crocs (CROX) shares fell past 7% after the footwear maker issued downbeat Q3 earnings guidance, while its Q2 results topped Wall Street's estimates.Steven Madden (SHOO) shares were up over 8% after it reported better-than-expected Q2 results and raised its fiscal 2026 outlook.Yum Brands (YUM) reported stronger-than-expected Q2 earnings Thursday, while revenue fell short as a recent food-safety issue weighed on demand at Taco Bell. Yum Brands shares gained 3.5%.Altria (MO) shares fell past 9% after it reported Q2 adjusted earnings that missed analysts' expectations.

$CROX$MO$SHOO$YUM
Sectors

Sector Update: Consumer Stocks Mixed in Afternoon Trading

Consumer stocks were mixed Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 2.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.6%.In corporate news, Yum Brands (YUM) reported stronger-than-expected Q2 earnings Thursday, while revenue fell short as a recent food-safety issue weighed on demand at Taco Bell. Its shares gained 2.8%.Altria (MO) shares fell 9% after it reported Q2 adjusted earnings that missed analysts' expectations.Ford (F) Chief Executive Jim Farley told employees at a town hall Thursday that the company is preparing for the possibility that Chinese automakers could enter the US market within the next five to 10 years, Reuters reported. Ford shares were down 3.4%.

$F$MO$YUM
Sectors

Sector Update: Consumer

Consumer stocks were mixed Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 2.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.6%.In corporate news, Yum Brands (YUM) reported stronger-than-expected Q2 earnings Thursday, while revenue fell short as a recent food-safety issue weighed on demand at Taco Bell. Shares were up 3.1%.

$YUM
KFC Parent Yum Brands Quarterly Earnings Top Views; Cyclospora Outbreak Impacts Taco Bell Sales
US Markets

KFC Parent Yum Brands Quarterly Earnings Top Views; Cyclospora Outbreak Impacts Taco Bell Sales

Yum Brands (YUM) reported stronger-than-expected second-quarter earnings on Thursday, while revenue fell short as a recent food-safety issue weighed on demand at Taco Bell.The fast-food restaurant operator's adjusted earnings rose to $1.62 a share for the June quarter from $1.44 the year before, ahead of the FactSet-polled consensus of $1.58. Overall revenue climbed 12% to $2.17 billion, but missed the Street's view for $2.18 billion.Earlier this month, the US Food and Drug Administration announced an investigation into a multi-state Cyclospora outbreak. The FDA linked the diarrhea-causing infection to certain iceberg lettuce from Mexico served at Taco Bell restaurants. Taco Bell said it removed the affected Taylor Farms lettuce from its restaurants and supply chain nationwide.Taco Bell has seen a "meaningful near-term sales impact," Yum Brands Chief Executive Chris Turner said during an earnings call, according to a FactSet transcript. "We expect the sales impact to be temporary.""Elevated uncertainty initially weighed on consumer demand, and since then, consumers have become increasingly aware that this is an industry wide issue, not an issue specific to Taco Bell," Turner told analysts.Worldwide same-store sales grew 3%, driven by 2% and 7% gains at KFC and Taco Bell, respectively. Pizza Hut decreased 1%.US same-store sales declined 2% at Pizza Hut and gained 7% at Taco Bell.Last month, Yum Brands agreed to sell Pizza Hut in two transactions worth about $2.7 billion.Last week, Domino's Pizza (DPZ) reported second-quarter revenue above market estimates, driven by order count growth, while the pizza restaurant chain's earnings missed expectations.The US restaurant and food distribution companies likely saw a mixed second quarter, Morgan Stanley said in a note earlier this month, with largely stable industry trends that are masking "signs of strain."

$YUM
Wire

Yum! Brands Set for Solid Q2 Results With Continued Taco Bell, KFC Momentum, UBS Says

Yum! Brands (YUM) is expected to report solid Q2 results, with continued momentum at Taco Bell and KFC despite higher gas prices and broader macro pressures, UBS said in a note Monday.The company is set to release its Q2 results on July 30.Investors are expected to focus on Taco Bell same-store sales, additional details from the Pizza Hut separation, updates to 2026 guidance, and commentary around the cyclosporiasis outbreak, the analysts said.They added that while they expect some impact to 2026 operating profit growth, reflected in their earnings per share estimate moving to $6.45 from $6.73, they "believe any pressures will prove temporary and should not have a lasting impact on brand perceptions or performance."The analysts said they expect Q2 net unit growth of 4.4%, with development tracking toward 2026 targets. Taco Bell is set to open 180 to 200 US stores annually, with 110-115 international openings per year. For KFC, they model 2026 unit growth of 4.9%, in line with the company's 5%+ target, "supported by franchisee demand, growth investments, strong unit economics, and sizable whitespace."UBS has a buy rating and a $180 price target on Yum! Brands.Price: $149.56, Change: $+0.64, Percent Change: +0.43%

$YUM
Sectors

Sector Update: Consumer Stocks Mixed Premarket Friday

Consumer stocks were mixed premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 1.2% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.5%.Autoliv (ALV) stock was down more than 5% after the company reported Q2 adjusted earnings that missed analysts' expectations.Yum! Brands-owned (YUM) Taco Bell restaurants in five states are reportedly causing a Cyclospora outbreak through shredded iceberg lettuce from Mexico, the US Food and Drug Administration said. Yum! Brands shares were 0.2% higher pre-bell.

$ALV$XLP$XLY$YUM
Sectors

Sector Update: Consumer Stocks Decline Late Afternoon

Consumer stocks were lower late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.1%.Redbook US same-store sales rose by 8.2% from a year earlier in the week ended July 11 after an 11.5% year-over-year increase in the previous week. "Discounts continue to drive sales performance and often vary weekly based on store promotions and product availability," Redbook said.In corporate news, Lucid (LCID) on Tuesday denied rumors of exploring a potential bankruptcy filing. "The rumors are completely false," the company said in an emailed statement to. Lucid said it has "sufficient liquidity to carry its operations well into next year" and has not created a special board committee to assess the scenarios reported. Lucid shares were down past 15%.Yum! Brands' (YUM) Taco Bell has stopped serving lettuce and cilantro at some restaurants in the Detroit metro area amid a growing cyclosporiasis outbreak in Michigan, multiple news outlets reported Tuesday. Yum! Brands shares were shedding 2.5%.Uber (UBER) is in advanced talks with Delivery Hero regarding a potential takeover of the German food-delivery company, Delivery Hero said on Tuesday. Uber shares were down 2.8%.Thomson Reuters (TRI) said Tuesday it has agreed to sell a 51% stake in its global print unit to KKR (KKR) for roughly $500 million in a joint venture transaction expected to close in Q4. Thomson Reuters shares were shedding 1.5%.

$LCID$TRI$UBER$YUM
Wire

Yum! Brands' Taco Bell Reportedly Pulls Lettuce, Cilantro at Some Michigan Locations Amid Parasite Probe

Yum! Brands' (YUM) Taco Bell has stopped serving lettuce and cilantro at some restaurants in the Detroit metro area amid a growing cyclosporiasis outbreak in Michigan, multiple news outlets reported Tuesday.Neither Taco Bell nor government health officials have publicly linked the chain's produce to the outbreak, which has infected 3,309 people in Michigan as of Tuesday, with at least 44 hospitalizations, the Detroit Free Press reported.The Michigan Department of Health and Human Services said Monday that lettuce and other salad greens have emerged as a common products in the investigation, though no specific product, grower or supplier has been identified as the source, the Free Press reported.Taco Bell did not immediately respond to a request for comment from.Price: $157.22, Change: $-4.46, Percent Change: -2.76%

$YUM
Insider Trading

Yum Brands Insider Sold Shares Worth $962,680, According to a Recent SEC Filing

Aaron Powell, CEO, Pizza Hut, on July 01, 2026, sold 6,001 shares in Yum Brands (YUM) for $962,680. Following the Form 4 filing with the SEC, Powell has control over a total of 12,003 common shares of the company, with 12,003 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1041061/000104106126000145/xslF345X05/form4.xmlPrice: $160.90, Change: $+1.04, Percent Change: +0.65%

$YUM
Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.1%.Redbook US same-store sales soared 9.4% from a year earlier in the week ended June 13, after surging 9.1% in the previous week. Seasonal categories such as air conditioners, fans, pool and beach equipment, swimwear, and other hot-weather apparel led the growth, according to Redbook.In corporate news, Yum Brands (YUM) shares rose 1.5% after it said it has agreed to sell Pizza Hut in two deals valued at about $2.7 billion. Private equity firm LongRange Capital will acquire Pizza Hut outside China for about $1.5 billion, while Yum China (YUMC) will purchase the Chinese business for $1.2 billion, Yum Brands said Tuesday. Yum China shares were down 0.9%.Senators Edward Markey (D-Mass.) and Richard Blumenthal (D-Conn.) on Monday asked the US National Highway Traffic Safety Administration to examine Tesla's (TSLA) self-published crash statistics for its "Full Self-Driving" system, Reuters reported Tuesday. In their letter to the NHTSA, the senators cited an earlier Reuters investigation that found that Tesla was exaggerating its safety claims, the report said. Tesla shares were down 1.1%.Netflix (NFLX) is one of several media companies interested in acquiring Lionsgate Studios (LION), Semafor reported. Netflix shares fell 3.7%, and Lionsgate jumped 14%.Rivian Automotive (RIVN) laid off hundreds of employees, or under 2% of its workforce, Tuesday, the Wall Street Journal reported, citing a company spokesperson. The layoffs affected workers in the electric-vehicle maker's service and customer organization, the report said. Rivian shares fell 4.5%.

$NFLX$RIVN$TSLA$YUM$YUMC
Sectors

Sector Update: Consumer Stocks Edge Higher Tuesday Afternoon

Consumer stocks edged up Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) each adding 0.1%.Redbook US same-store sales soared 9.4% from a year earlier in the week ended June 13, after surging 9.1% in the previous week. Seasonal categories such as air conditioners, fans, pool and beach equipment, swimwear, and other hot-weather apparel led the growth, according to Redbook.In corporate news, Yum Brands (YUM) shares rose 1.9% after it said it has agreed to sell Pizza Hut in two deals valued at about $2.7 billion. Private equity firm LongRange Capital will acquire Pizza Hut outside China for about $1.5 billion, while Yum China (YUMC) will purchase the Chinese business for $1.2 billion, Yum Brands said Tuesday. Yum China shares were down 1%.Senators Edward Markey (D-Mass.) and Richard Blumenthal (D-Conn.) on Monday asked the US National Highway Traffic Safety Administration to examine Tesla's (TSLA) self-published crash statistics for its "Full Self-Driving" system, Reuters reported Tuesday. In their letter to the NHTSA, the senators cited an earlier Reuters investigation that found that Tesla was exaggerating its safety claims, the report said. Tesla shares were down 1.6%.John Wiley & Sons (WLY) shares added 0.4% after it reported higher fiscal Q4 results on Tuesday and said it expects fiscal 2027 results to show further gains.

$TSLA$WLY$YUM$YUMC
Asia Markets

Update: US Equity Indexes Mixed as Technology Sector Retreats

(Updates with index/price moves, macroeconomic data, and political/company news from the first paragraph.)US equity indexes traded mixed as the Dow Jones Industrial Average hit a new peak intraday amid sliding crude oil prices, while technology sank to the bottom of sector charts.The tech-heavy Nasdaq Composite fell 0.6% to 26,537.1, with the S&P 500 down 0.3% to 7,534.2, while the Dow Jones Industrial Average rose 1% to 52,163.4 after midday Tuesday.All sectors except technology, energy, and communication services rose, with financials and industrials leading the gainers.Dow hit a fresh intraday record, taking out the all-time high scaled on Monday, as crude oil extended declines to the lowest level in more than three months following Sunday's announcement of an interim deal between the US and Iran to end the war in the Middle East.President Donald Trump vowed to publicly release the text of the memorandum of understanding Iran has signed with the US "in a couple of days," CNN reported Tuesday.Iran warned that any Israeli attack on Lebanon or continued occupation of its territory from now on will constitute a violation of the interim agreement with the US, Al Jazeera reported. However, Israeli Prime Minister Benjamin Netanyahu has made clear he does not intend to withdraw from southern Lebanon, Gaza, or Syria, according to the CNN news report.Front-month global benchmark North Sea Brent slumped 4.6% to $78.61 per barrel, and US West Texas Intermediate dived 5.1% to $75.66 per barrel after midday.In company news, Space Exploration Technologies (SPCX) has agreed to acquire Anysphere, which operates Cursor, an artificial intelligence-based coding agent, in a deal worth about $60 billion. Shares of SpaceX jumped 11% intraday, boosting the company's market cap above Amazon's (AMZN).Meanwhile, Yum! Brands (YUM) said it has signed agreements to sell Pizza Hut for a combined $2.7 billion through two separate transactions.In economic news, US import prices jumped 1.9% in May, ahead of the 1% increase expected in a Bloomberg-compiled survey and following a 2.0% gain in April. Excluding a 13% surge in petroleum prices, import prices were up 0.8% from 0.5%, beating the 0.5% forecast. Export prices climbed 1.3% in May, above expectations for 0.9% and following a 3.5% jump in April.The New York Federal Reserve's services index worsened to minus 10.1 in June from minus 5.8 in May. The index is the first services reading for June and suggests more widespread contraction.Redbook US same-store sales soared 9.4% from a year earlier in the week ended June 13, after surging 9.1% in the previous week. Seasonal categories such as air conditioners, fans, pool and beach equipment, swimwear, and other hot-weather apparel led the growth, according to Redbook.

Dow JonesNasdaq CompositeS&P 500$AMZN$SPCX$YUM
Sectors

Sector Update: Consumer

Consumer stocks advanced Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.1%.In corporate news, Yum Brands (YUM) shares rose 2.2% after it said it has agreed to sell Pizza Hut in two deals valued at about $2.7 billion. Private equity firm LongRange Capital will acquire Pizza Hut outside China for about $1.5 billion, while Yum China (YUMC) will purchase the Chinese business for $1.2 billion, Yum Brands said Tuesday. Yum China shares were down 1.5%.

$YUM
Wire

Top Midday Stories: SpaceX Surpasses Amazon in Market Cap; Yum! Brands to Sell Pizza Hut for $2.7 Billion

The Dow Jones Industrial Average was up, while the S&P 500 Index and Nasdaq Composite were down in late-morning trading Tuesday, as oil prices continued to fall following the announcement of a peace deal between the US and Iran.In company news, SpaceX (SPCX) shares continued to climb on Tuesday after debuting last Friday, boosting the company's market cap above Amazon's (AMZN) and, briefly, Microsoft's (MSFT). Separately, SpaceX said Tuesday in a regulatory filing that it has signed an agreement to acquire Cursor in a deal with an implied equity value of $60 billion. SpaceX expects the deal to become effective in Q3, subject to the satisfaction of closing conditions and regulatory approvals. SpaceX shares were up 11.1%, while Amazon was up 1.0% and Microsoft was down 1.6%.Yum! Brands (YUM) said Tuesday it has signed agreements to sell Pizza Hut for a combined $2.7 billion through two separate transactions. Private equity firm LongRange Capital will acquire the Pizza Hut business not located in Mainland China for $1.5 billion. Yum China will acquire the Mainland China business for $1.2 billion. Yum! shares were up 2.4%, while Yum China shares were down 0.8%.Olin (OLN) and Huntsman (HUN) agreed to an all-stock merger of equals that will form OlinHuntsman, a chemicals company with combined 2025 revenue of about $12.5 billion, the companies said. under the deal terms, Huntsman shareholders will receive 0.5476 Olin shares for each Huntsman share, with Olin shareholders expected to own 54.5% of the combined company. Olin shares were down 8.5%, while Huntsman shares were down 19.3%.Netflix (NFLX) is one of several media companies interested in acquiring Lionsgate Studios (LION), Semafor reported Tuesday, citing a person familiar with the matter. Neither Netflix nor the other companies have put in a formal indication of interest, the report said, citing the person. Netflix shares were down 2.8%.Price: $213.76, Change: $+21.26, Percent Change: +11.04%

$AMZN$MSFT$NFLX$SPCX$YUM$YUMC
Yum Brands to Sell Pizza Hut for $2.7 Billion
US Markets

Yum Brands to Sell Pizza Hut for $2.7 Billion

Yum Brands (YUM) agreed to sell Pizza Hut in two transactions valued at about $2.7 billion, positioning the company for long-term growth.Private equity firm LongRange Capital will acquire Pizza Hut outside China for about $1.5 billion, while Yum China (YUMC) will purchase the Chinese business for $1.2 billion, Yum Brands said Tuesday.It may be eligible to receive an additional $75 million from the LongRange transaction by 2030, according to the statement."These transactions enable Yum to be a more focused company that continues to leverage scale, technology and talent to accelerate our raising the B.A.R. priorities and deliver sustained value for our stakeholders," Yum Brands Chief Executive Chris Turner said in a statement.Yum Brands expects to receive approximately $2.3 billion in net proceeds from these two transaction. It forecasts one-time expenses of about $85 million during the remainder of 2026 to effectuate the separation.The transactions are expected to close in the third quarter, subject to regulatory approvals.Yum Brands launched a strategic review of Pizza Hut in November 2025.Pizza Hut's first-quarter same-store sales were flat year over year, while operating profit fell to $64 million from $74 million, Yum Brands said in April.Separately, Yum China said that the purchase price for Pizza Hut China represents a 17% discount to the peer group's median price-to-earnings ratio over the last 12 months, as of market close on Friday.Pizza Hut China generated $2.3 billion in revenue and $183 million in operating profit in 2025, Yum China said. The company plans to expand Pizza Hut China's footprint to more than 6,000 stores by 2028."The elimination of the license fee payments to Yum Brands are expected to enhance store economics and lower store-opening thresholds, which support Pizza Hut's margin expansion, growth acceleration and market leadership in China," said Yum China CEO Joey Wat.Yum Brands said it has agreed to certain incentives with Yum China should KFC China's system sales growth accelerate. In addition, the companies will team up to advance growth plans for Taco Bell in China.Yum Brands' shares were up 2.4% in Tuesday trade, while Yum China's New York Stock Exchange-listed shares edged 0.8% lower."We look forward to partnering with Yum! to ensure a smooth transition for the business," LongRange Managing Partner Bob Berlin said.Price: $158.02, Change: $+3.35, Percent Change: +2.17%

$YUM$YUMC
Sectors

Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday

Consumer stocks were mixed pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining by 0.1%.Marriott International (MAR) is facing growing pressure from hotel owners over how it shares revenue from its Bonvoy loyalty program, as franchisees demand a larger slice of profits generated through co-branded credit card deals, The Wall Street Journal reported. Shares of Marriott International were down more than 2% premarket.Yum! Brands (YUM) stock was up more than 1% after the company said it has signed agreements to sell Pizza Hut for a combined $2.7 billion through two separate transactions.Unilever (UL) is partnering with Accenture (ACN) to increase the use of AI digital twins in its manufacturing network, the company said. Unilever shares were 0.2% higher premarket.

$ACN$MAR$UL$XLP$XLY$YUM
Wire

Chipotle Mexican Grill Narrative Not Likely to Change Quickly, Morgan Stanley Says

Chipotle Mexican Grill (CMG) narrative is not likely to change quickly and its sales drivers are less impactful, Morgan Stanley said in a note Wednesday."The stock has lagged, but we don't see the narrative changing;lower multiple vs history seems appropriate," the note said.Morgan Stanley downgraded Chipotle to equal-weight from overweight and cut its price target to $37 from $49.The note said the overweight rating was based on structural tailwinds, new sales drivers after a slow 2025, leading unit growth, margin recovery, and tech benefits."Most of these have underwhelmed vs our expectations," it said.The report said the downgrade is also reflecting the dominant investor view that CMG likely faces a future of more modest comps and margin expansion."CMG remains on-trend - it is not a structural loser, andsomething we'd look to recommend again, but this does seem like a new phase of its lifecycle," the note said.Meanwhile, Morgan Stanley upgraded Yum! Brands (YUM) to overweight from equal-weight and lifted its price target to $185 from $180.The report said Yum! has the best growth profile among major franchised quick service restaurant companies and solid brands are undervalued.Price: $28.70, Change: $-0.57, Percent Change: -1.93%

$CMG$YUM
Research

Morgan Stanley Upgrades Yum! Brands to Overweight From Equalweight, Adjusts PT to $185 From $180

Yum! Brands (YUM) has an average rating of overweight and mean price target of $174.84, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$YUM
Wire

Yum! Brands' COO Tracy Skeans Plans to Retire

Yum! Brands (YUM) said Tuesday that Tracy Skeans, its chief operating officer and chief people and culture officer, plans to retire after more than 25 years with the company.Skeans will remain in her current role through late this year, after which she will move into an advisory position, the company said.Yum! said her responsibilities will transition to the company's next Chief People & Culture Officer and Chief Scale Officer, and the firm is working to fill both roles.Price: $147.54, Change: $+0.03, Percent Change: +0.02%

$YUM
Insider Trading

Yum Brands Insider Sold Shares Worth $464,040, According to a Recent SEC Filing

Sean Tresvant, Taco Bell CEO and Yum Brands Chief Consumer Officer, on May 26, 2026, sold 3,000 shares in Yum Brands (YUM) for $464,040. Following the Form 4 filing with the SEC, Tresvant has control over a total of 3,140 common shares of the company, with 3,140 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1041061/000104106126000130/xslF345X05/form4.xmlPrice: $155.08, Change: $-0.08, Percent Change: -0.05%

$YUM

Showing 1-20 of 38

Track with the FINWIRES app suite

FolioX
FolioX
Track YUM in your portfolio
WheelAI
WheelAI
Analyze YUM options with the wheel strategy
StockInsider
StockInsider
See market sentiment on YUM