Yum! brands inc articles
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Yum Brands stock is falling because people are not buying chicken and pizza
Cash-strapped consumers are not splurging on pizza and chicken, and that’s hurting sales at restaurant company Yum Brands. Shares of Yum brands were down by nearly 5% in early hours, trading at $135, after the company reported a decrease in sales for its Pizza Hut and KFC divisions. The Louisville, Kentucky-based company missed Wall Street’s expectations, having generated $1.6 billion in revenue — about $1.15 earnings per share — in the first quarter. Analysts had predicted it would make...
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Constellation Brands, Inc. (NYSE:STZ) Shares Sold by Spinnaker Trust
Spinnaker Trust lowered its holdings in Constellation Brands, Inc. (NYSE:STZ – Free Report) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,541 shares of the company’s stock after selling 75 shares during the quarter. Spinnaker Trust’s holdings in Constellation Brands were worth […]
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Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
Yum Brands' quarterly earnings and revenue missed Wall Street's estimates. KFC and Pizza Hut reported same-store sales declines,...