Indications to Identify Price Guidance: YUM! Brands, Inc. (NYSE: YUM)

Morning Updates

On 13 Nov 2019, YUM! Brands, Inc stock identified change of 14.26% away from 52-week low price and recently located move of -17.82% off 52-week high price. It has market worth of $29985.24M and dividend yield of 1.71%. YUM stock has been recorded -10.79% away from 50 day moving average and -7.37% away from 200 day moving average. Moving closer, we can see that shares have been trading -6.31% off 20-day moving average.

Yum! Brands, Inc. (YUM) recently stated results for the third-quarter ended September 30, 2019. Worldwide system sales not including foreign currency translation grew 8%, with 7% net-new units and 3% same-store sales growth. Third-quarter GAAP EPS was $0.81, a decrease of (42%). Third-quarter EPS not including Special Items was $0.80, a decrease of (23%).


  • Worldwide system sales not including foreign currency translation grew 8%, with KFC at 8%, Pizza Hut at 7% and Taco Bell at 7%. Adjusting the previous year base to include Telepizza, system sales growth not including foreign currency translation would have been 6% worldwide and 2% for the Pizza Hut Division.
  • We opened 389 net units in the quarter. On a year-over-year basis, which takes into account the planned alliance with Telepizza in the fourth-quarter 2018, net-new unit growth was 7%.
  • We repurchased 1.5M shares totaling $174M at an average price per share of $115.
  • We recorded $60M of pre-tax investment expense related to the change in fair value of our investment in Grubhub, which resulted in a negative ($0.15) impact in EPS. When coupled with $94M of pre-tax investment income recorded in the third quarter of 2018, which resulted in a $0.22 benefit to EPS, our Grubhub investment unfavorably influenced year-over-year EPS growth by ($0.37).
  • Foreign currency translation unfavorably influenced divisional operating profit by $7M.


Third-Quarter Highlights

  • Taco Bell Division opened 67 gross new restaurants in 13 countries.
  • Operating margin increased 1.4 percentage points driven by same-store sales growth and refranchising, partially offset by higher restaurant level costs.


  • Disclosures pertaining to outstanding debt in our Restricted Group capital structure will be provided at the time of the filing of the third-quarter Form 10-Q.
  • Our GAAP Effective Tax Rate and Effective Tax Rate not including Special Items were positively influenced Because of the reversal of a reserve of about $20M we before recorded in the fourth-quarter of 2018. The reversal related to the favorable resolution in the third-quarter of 2019 of a dispute concerning the income tax rate to be applied to our 2018 income in a foreign market.
  • During the third-quarter of 2019 Yum! Brands, Inc. issued $800M of Senior Unsecured Notes. Proceeds were used to repay $250M of existing Senior Unsecured Notes, repay amounts outstanding on the Revolving Facility and for general corporate purposes.

The Services sector company, YUM! Brands, Inc. noticed change of 0.04% to $98.38 along volume of 1906050 shares in recent session compared to an average volume of 1852.77K. The stock observed return of -1.71% in 5 days trading activity. The stock was at -11.61% over one-month performance. YUM’s shares are at -15.48% for the quarter and driving a 9.98% return over the course of the past year and is now at 7.03% since this point in 2018.   The average volatility for the week at 1.61% and for month was at 2.08%. There are 304.79M shares outstanding and 301.97M shares are floated in market. Right now the stock beta is 0.47.