Yum EPS beat and Pizza Hut review catalyst

3 months ago

Paul

"But yes, so Yum Brands owner Pizza Hut, so ticker Yum. Shares are actually rising on this news. They're up nearly 4%. And again, you know, we also got their results uh third third quarter EPS beating estimates. Revenue also slightly above forecast. But as you say, Paul, it's all about Pizza Hut and their strategic review because it seems that the company is running out of patience. Their sales have been stuck at about a billion dollars for years. And so Bayard analyst David Tarantino pointing out that if Yum ends up selling Pizza Hut after the strategic review, they could actually add 1 percentage point of growth to system sales."

Yum Brands' recent results beat EPS and revenue forecasts, leading to a 4% rise in share price. The strategic review of Pizza Hut, with potential to boost system sales growth by 1 percentage point if sold, acts as a key catalyst for the stock.

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