Latest news with #YumBrands
Yahoo
6 days ago
- Business
- Yahoo
Lamb Weston forecasts upbeat annual sales on robust international demand
(Reuters) -Lamb Weston forecast annual sales largely above expectations on Wednesday, betting on strong demand internationally from restaurants to which the company supplies its frozen potato products. Shares of the company rose nearly 8% in premarket trading after it also posted a surprise rise in fourth-quarter revenue. A 15% increase in the company's quarterly international segment sales, which contributed about 33% of its total sales in 2024, helped offset a decline in demand in the United States due to a fall in consumer spending. Uncertainty stemming from U.S. President Donald Trump's fluctuating tariff policies and the resulting trade tensions have choked consumer spending in the U.S., prompting them to eat at home more and impacting sales at restaurants to which Lamb Weston supplies. Its major clients, including McDonald's and KFC parent Yum Brands, saw a rebound in demand in the Middle East after last year's widespread informal boycott of Western fast-food chains for their perceived pro-Israel stance in the Gaza conflict. Lamb Weston said its forecast assumes continued pressure on consumers, but expects them to rely on its french fries as they eat at home as well as at restaurants. It also said it did not include any additional impacts from changes in tariffs and trade policies. It expects fiscal 2026 sales to be in the range of $6.35 billion to $6.55 billion, largely above analysts' average estimate of $6.42 billion, according to data compiled by LSEG. The company aims to counter the slowdown in sales in North America through sequential price cuts on its products. Its prices were down 4% while sales volumes were up 8% for the quarter ended May 25, compared to a year ago. Sales rose 4% to $1.68 billion in the reported quarter, versus analyst expectations of a fall of 1.4%, to $1.59 billion. Lamb Weston reported adjusted earnings per share of 87 cents, compared with analysts' estimate of 63 cents per share. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
7 days ago
- Business
- Reuters
KFC India operator Sapphire posts quarterly loss as expenses rise
July 23 (Reuters) - Sapphire Foods India ( opens new tab, which operates Pizza Hut and KFC restaurants in the country, reported a quarterly loss on Wednesday, as expenses rose and fast-food restaurant chains faced stiff competition from local cafes and online kitchens. The restaurant operator posted a net loss of 18 million rupees ($208,345.39) for the first quarter ended June 30, compared to a profit of 85.2 million rupees a year earlier, according to a regulatory filing. Total expenses rose 10.4%. Popular fast-food chains including Pizza Hut and KFC have been struggling to maintain same-store sales growth in India, as consumers wary of high cost of living cut back on dining out and ordering in. They are turning to heavy discounting to draw more diners, with KFC pushing its nine-piece fried chicken for 299 rupees ($3.50) in a deal that it called "epic savers" and Pizza Hut offering a free Pepsi with select pizzas during the quarter. Still, the efforts fell short at Sapphire Foods, with same-store sales flat at KFC and down 8% at Pizza Hut in India. However, its move to open dozens of news stores in the 12 months to June-end helped Sapphire Foods, one of the two Yum Brands (YUM.N), opens new tab franchisees in India, push its revenue higher by 8.1% to 7.77 billion rupees. ($1 = 86.3950 Indian rupees)
Yahoo
7 days ago
- Business
- Yahoo
Yum! Brands' Quarterly Earnings Preview: What You Need to Know
Louisville, Kentucky-based Yum! Brands, Inc. (YUM) develops, operates, franchises, and licenses quick service restaurants. Valued at $40.3 billion by market cap, the company prepares, packages, and sells a menu of food items. The fast-food company is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Tuesday, Aug. 5. Ahead of the event, analysts expect YUM to report a profit of $1.45 per share on a diluted basis, up 7.4% from $1.35 per share in the year-ago quarter. The company surpassed the consensus estimates in three of the last four quarters while missing the forecast on another occasion. More News from Barchart Dear Google Stock Fans, Mark Your Calendars for July 23 Dear UnitedHealth Stock Fans, Mark Your Calendars for July 29 Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the full year, analysts expect YUM to report EPS of $6.01, up 9.7% from $5.48 in fiscal 2024. Its EPS is expected to rise 10.5% year-over-year to $6.64 in fiscal 2026. YUM stock has outperformed the S&P 500 Index's ($SPX) 10.5% gains over the past 52 weeks, with shares up 13.4% during this period. Similarly, it outperformed the Consumer Discretionary Select Sector SPDR Fund's (XLY) 12.7% gains over the same time frame. YUM is outperforming due to strong menu pricing, average check growth, and an aggressive expansion strategy. The company is seeing success with strategic partnerships, digital transformation, and operational streamlining. Additionally, global development is progressing well, with a focus on key markets such as China and India. Comps' growth is strong, fueled by international markets and localized innovation. YUM aims to continue driving growth through market penetration and expanded offerings in 2025. On Apr. 30, YUM shares closed up more than 1% after reporting its Q1 results. Its adjusted EPS of $1.30 surpassed Wall Street expectations of $1.29. The company's revenue was $1.79 billion, falling short of Wall Street forecasts of $1.84 billion. Analysts' consensus opinion on YUM stock is reasonably bullish, with an overall 'Moderate Buy' rating. Out of 27 analysts covering the stock, nine advise a 'Strong Buy' rating, and 18 give a 'Hold.' YUM's average analyst price target is $162.04, indicating a potential upside of 10.9% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
Yum! Brands Announces Q2 2025 Earnings and Conference Call Details
LOUISVILLE, Ky., July 23, 2025--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) will release its second quarter financial results on Tuesday, August 5, 2025 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 8:15 a.m. ET. The number is 404/975-4839 for U.S. callers, 833/950-0062 for Canada callers, and +1/929-526-1599 for all other international callers, conference ID 362231. The event will be webcast live and can be accessed through the Yum! Brands website at The Q&A session of this conference call is limited to analysts only. Members of the media may direct their questions to the contact number below. The call will be available for playback beginning at 10:00 a.m. ET August 5, 2025 through August 12, 2025. To access the playback, dial 866/813-9403 in the U.S., 226/828-7578 in Canada, and +1/929-458-6194 for all other international callers, conference ID 252965. The webcast and the playback can be accessed by visiting Yum! Brands' website, and selecting "Q2 2025 Yum! Brands, Inc. Earnings Call." Please see the Yum! Brands website at for the 2025 reporting calendar. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 61,000 restaurants in more than 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-inspired food and pizza categories, respectively. Habit Burger & Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2024, Yum! was named to the Dow Jones Sustainability Index North America and 3BL's list of 100 Best Corporate Citizens. In 2025, the Company was recognized among TIME magazine's list of Best Companies for Future Leaders. In addition, KFC, Taco Bell and Pizza Hut led Entrepreneur's Top Global Franchises 2024 list and were ranked in the first 25 of Entrepreneur's 2025 Franchise 500, with Taco Bell securing the No. 1 spot in North America for the fifth consecutive year. Category: Financial View source version on Contacts Analysts are invited to contact:Matt Morris, Head of Investor Relations, at 888/298-6986 Members of the media are invited to contact:Lori Eberenz, Director, Public Relations, at 502/874-8200
Yahoo
7 days ago
- Business
- Yahoo
Yum! Brands Announces Q2 2025 Earnings and Conference Call Details
LOUISVILLE, Ky., July 23, 2025--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) will release its second quarter financial results on Tuesday, August 5, 2025 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 8:15 a.m. ET. The number is 404/975-4839 for U.S. callers, 833/950-0062 for Canada callers, and +1/929-526-1599 for all other international callers, conference ID 362231. The event will be webcast live and can be accessed through the Yum! Brands website at The Q&A session of this conference call is limited to analysts only. Members of the media may direct their questions to the contact number below. The call will be available for playback beginning at 10:00 a.m. ET August 5, 2025 through August 12, 2025. To access the playback, dial 866/813-9403 in the U.S., 226/828-7578 in Canada, and +1/929-458-6194 for all other international callers, conference ID 252965. The webcast and the playback can be accessed by visiting Yum! Brands' website, and selecting "Q2 2025 Yum! Brands, Inc. Earnings Call." Please see the Yum! Brands website at for the 2025 reporting calendar. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 61,000 restaurants in more than 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-inspired food and pizza categories, respectively. Habit Burger & Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2024, Yum! was named to the Dow Jones Sustainability Index North America and 3BL's list of 100 Best Corporate Citizens. In 2025, the Company was recognized among TIME magazine's list of Best Companies for Future Leaders. In addition, KFC, Taco Bell and Pizza Hut led Entrepreneur's Top Global Franchises 2024 list and were ranked in the first 25 of Entrepreneur's 2025 Franchise 500, with Taco Bell securing the No. 1 spot in North America for the fifth consecutive year. Category: Financial View source version on Contacts Analysts are invited to contact:Matt Morris, Head of Investor Relations, at 888/298-6986 Members of the media are invited to contact:Lori Eberenz, Director, Public Relations, at 502/874-8200 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
