Yum! Brands stock price

Yum! Brands latest news:


  • 02/13/2018 16:37:52

    Chipotle names Taco Bell chief as CEO, to lead turnaround

    - Chipotle Mexican Grill Inc (CMG) on Tuesday said it had hired Brian Niccol from Yum Brands Inc's Taco Bell unit as chief executive officer to turn around the burrito chain that has been hurt by a series of food safety lapses. Shares of Chipotle were up 11 percent at $279 in extended trading. Niccol, 43, who has headed Taco Bell since 2015, replaces Chipotle founder Steve Ells.

  • 02/13/2018 14:49:28

    Chipotle chooses Taco Bell CEO as new leader, stock soars

    Chipotle named Taco Bell Chief Executive Brian Niccol as its new CEO on Tuesday, and shares jumped more than 10%. Chipotle chose Niccol to replace founder Steve Ells, who said in November that he would step down from the CEO role and become executive chairman. "At Chipotle's core is delicious food, which I will look to pair up with consistently great customer experiences," Niccol said in Tuesday's announcement. "I will also focus on dialing up Chipotle's cultural relevance through innovation in menu and digital communications." Niccol had worked for Yum Brands Inc.'s Taco Bell since 2011, and was an executive at Pizza Hut Inc. before that. Chipotle has struggled to rebound from an e.coli scare at some of its restaurants, with shares down more than 39% in the past year as the S&P 500 index has gained 14.1%. Shares topped $280 in late trading following the announcement, after closing at $251.33.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/08/2018 10:36:28

    GrubHub shares rise after Yum Brands picks up stake

    - GrubHub Inc shares surged 36 percent on Thursday after Yum Brands Inc bought a 3 percent stake in the online food delivery company, giving it funds and an established partner to compete with Amazon and Uber. The stake, worth $200 million, values GrubHub at about $6.7 billion, roughly 10 percent higher than the company's market capitalization on Wednesday.

  • 02/08/2018 10:34:34

    UPDATE 3-GrubHub shares rise after Yum Brands picks up stake

    * Yum Brands to buy stake in co for $200 mln (Recasts, adds CEO and analyst comment, details on Yum deal)

  • 02/08/2018 06:41:07

    Grubhub shares rocket 25% as analyst says Yum deal 'is a major win'

    Shares of Grubhub Inc. shot up more than 25% in premarket trade Thursday, after the company announced a partnership with Yum Brands Inc. , under which Yum will acquire $200 million of its shares. The deal is aimed at driving online sales and delivery to Yum's restaurants, including KFC and Taco Bell. "This will be an exclusive partnership, and according to the release, Grubhub will be integrated into the POS," said Mizuho analysts. "This is a major win for Grubhub as it will likely be accompanied by a joint marketing campaign during the roll-out phase." Stifel analysts agreed that the deal is a big win for Grubhub "and potentially a hit to its competitors in restaurant delivery." Shares have gained 75% in the last 12 months, while the S&P 500 has gained 17%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/08/2018 06:03:24

    Yum Brands shares jump after earnings beat consensus

    Yum Brands Inc. brands shares jumped 4.8% in Thursday premarket trading after the fast-food company reported fourth-quarter earnings that beat consensus. Yum Brands' portfolio includes the Taco Bell, Pizza Hut and KFC chains. Net income for the quarter totaled $436.0 million, or $1.26 per share, up from $303.0 million, or 83 cents per share, for the same period last year. Earnings excluding special items was 96 cents per share. Revenue totaled $1.58 billion, down from $1.89 billion last year. The FactSet consensus was for EPS of 80 cents and sales of $1.59 billion. Global same-store sales rose 2%, with a 3% jump at KFC, 1% rise at Pizza Hut, and 2% growth at Taco Bell. Yum also announced a partnership with GrubHub Inc. early Thursday. Yum shares are down 1.2% for the last three months, but up 20.3% for the past 12 months. The S&P 500 index is up nearly 17% for the last year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/08/2018 05:43:59

    GrubHub reports revenue beat, better-than-expected outlook

    Shares of GrubHub Inc. gained 0.4% in premarket trading after the company reported better-than-expected revenue and announced a partnership with Yum Brands Inc , while earnings missed expectations. Net income rose to $53.5 million for the fourth quarter from $13.6 million a year ago, while earnings per share increased to 60 cents from 16 cents. On an adjusted basis, GrubHub reported net income of $33.3 million or 37 cents a share, up from $19.8 million and 23 cents per share, respectively. Those adjusted metrics came up short of analysts expectations for net income of $27.6 million and per-share earnings of 31 cents, according to FactSet. Revenue of $205.1 million for the quarter rose $137.5 million and came in ahead of estimates for $201.7 million. Active diners totaled 14.5 million, up from 8.2 million a year earlier. The company expects revenue for the first quarter to be between $224 million and $232 million; analysts had been expecting $226.7 million. "Over the past two years we have taken incredible strides in expanding the breadth and depth of our restaurant network, growing the number of local restaurants we work with from 40,000 to over 80,000 today," CEO Matt Maloney said in a release. "The partnership with Yum! which we announced this morning will accelerate the expansion of our delivery network and amplify our diner acquisition efforts, raising consumer awareness of online ordering and driving more volume for all restaurants across our platform." GrubHub also has a partnership with Yelp Inc. Shares of the food-delivery platform are up 75% over the past 12 months, while the S&P 500 Index has gained 17%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/08/2018 05:22:10

    Yum Brands shares jump after earnings and sales beat consensus

    Yum Brands Inc. brands shares jumped 4.8% in Thursday premarket trading after the fast-food company reported fourth-quarter earnings and sales that beat consensus. Yum Brands' portfolio includes the Taco Bell, Pizza Hut and KFC chains. Net income for the quarter totaled $436.0 million, or $1.26 per share, up from $303.0 million, or 83 cents per share, for the same period last year. Earnings excluding special items was 96 cents per share. Revenue totaled $1.58 billion, down from $1.89 billion last year. The FactSet consensus was for EPS of 80 cents and sales of $1.59 billion. Global same-store sales rose 2%, with a 3% jump at KFC, 1% rise at Pizza Hut, and 2% growth at Taco Bell. Yum also announced a partnership with GrubHub Inc. early Thursday. Yum shares are down 1.2% for the last three months, but up 20.3% for the past 12 months. The S&P 500 index is up nearly 17% for the last year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/07/2018 14:49:25

    Shares of Yum China fall on fourth-quarter loss

    Shares of Yum China Holdings Inc. fell in Wednesday's extended session after the fast-food chain posted a quarterly loss, stemming in part from a charge related to U.S. tax cuts. The operator of KFC and Pizza Hut in China reported it swung to a fourth-quarter loss of 90 million, or 23 cents a share, versus earnings of $88 million, or 23 cents a share, a year earlier. Yum China recorded a one-time tax charge of $164 million and would have earned earned 19 cents a share on an adjusted basis. Revenue grew 13% to $2.2 billion while same-store sales rose 5%, led by KFC. Analysts surveyed by FactSet had forecast earnings of 18 cents on revenue of $2.15 billion. Yum China had spun off from Yum Brands at the end of 2016. Yum China shares slid 2.9% after hours.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/26/2018 14:16:42

    BRIEF-Yum! Brands Announces 20 Pct Increase In Quarterly Dividend To $0.36 Per Share

    Yum! * ANNOUNCES 20 PCT INCREASE IN QUARTERLY DIVIDEND TO $0.36 PER SHARE. * QUARTERLY CASH DIVIDEND WILL INCREASE FROM $0.30 TO $0.36 PER SHARE OF COMMON STOCK Source text for Eikon: Further company coverage:

  • 01/03/2018 09:14:06

    Taco Bell launching $1 Nacho Fries on Jan. 25

    Taco Bell, part of the Yum Brands Inc. portfolio, will launch Nacho Fries nationwide on Jan. 25, priced at $1. Taco Bell previously announced plans to launch 20 $1 items nationwide and in test markets. Nacho Fries will be available for a limited time for $1 served with nacho cheese, and available in supreme and bell grande sizes starting at $2.49. Yum shares are up 28.6% for the past year while the S&P 500 index is up nearly 20% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/02/2018 07:36:15

    Pizza Hut offering half off online pizza orders through Jan. 8

    Pizza Hut, the Yum Brands Inc. pizza chain, is offering a 50% discount on menu-priced pizza orders placed online for delivery or carryout from Jan. 2 to Jan. 8. "[E]ntertaining season is in full swing," according to a statement from Zipporah Allen, Pizza Hut's vice president of marketing, with college football championships, Hollywood awards season, and other upcoming events. Orders can be placed on the Pizza Hut website or on the app. Yum shares are up nearly 29% for the past year, outpacing the S&P 500 index , which is up 19.4% for the period. Yum's other brands include Taco Bell and KFC.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/05/2017 08:46:34

    Pizza Hut piloting beer and wine delivery in Phoenix

    Pizza Hut, a Yum Brands Inc. chain, has launched a beer delivery pilot in Phoenix, the company said on Tuesday. Many Pizza Hut locations already serve beer and wine. "Couple that with our extensive network of delivery drivers and we have the capability to be a one-stop-shop for customers looking to enjoy beer and wine with their pizza," the company said in a statement. "No third party services, no additional fees, and no extended wait times." The initial beer selection in Phoenix will be Budweiser, Bud Light, Shock Top and Kilt Lifter, a local beer. Pizza Hut expects to add wine in January. Yum shares are up more than 32% for the last 12 months while the S&P 500 index is up 19.8% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/30/2017 17:43:05

    UPDATE 1-Australia's GetSwift shares up 84 pct at record high after deals with Amazon, Yum

    Dec 1 (Reuters) - Australian logistics company GetSwift Ltd said on Friday it had entered into an agreement with Amazon.com Inc and a multi-year partnership with Yum Brands Inc, sending its shares up 84 percent to a record high.

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