Previous Close | 136.84 |
Open | 136.41 |
Bid | 0.00 x 1000 |
Ask | 0.00 x 800 |
Day's Range | 136.23 - 137.39 |
52 Week Range | 115.53 - 143.25 |
Volume | |
Avg. Volume | 1,861,093 |
Market Cap | 38.338B |
Beta (5Y Monthly) | 1.10 |
PE Ratio (TTM) | 24.38 |
EPS (TTM) | 5.59 |
Earnings Date | May 01, 2024 |
Forward Dividend & Yield | 2.68 (1.97%) |
Ex-Dividend Date | Feb 20, 2024 |
1y Target Est | 145.65 |
More food brands and international chains are feeling extended pressures due to ongoing geopolitical conflicts and China's own consumer markets. Jefferies Managing Director of Equity Research Andy Barish and Bank of America Managing Director for Equity Research Bryan Spillane sit down with Yahoo Finance Live to elaborate on which multinational brands have the most exposure. "Most if not all of the exposure to the Middle East is through license or franchise. But clearly, it is the... the large multinationals like McDonald's (MCD), like Starbucks (SBUX), Yum! Brands (YUM) that in particular have seen some pushback against American brands given the conflict going on," Barish says. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
As consumers become increasingly cost-conscious and look to limit their spending on dining out, fast-casual dining chains like Chipotle (CMG) continue to record robust performance. Citi Director and Restaurant Analyst Jon Tower joins Yahoo Finance Live to discuss why he believes the fast-casual dining sector is a strong investment opportunity. Tower describes fast-casual dining stocks as having "fairly strong momentum," offering high-quality food at affordable prices. He notes that their growth and opportunity in the US and internationally are in their "infancy," attracting a younger and wealthier demographic that will continue to boost growth. Specifically, Tower highlights YUM! Brands (YUM) as "unique," citing their expansions, global reach, and adoption of digitization across franchisees. Addressing pricing strategies for these restaurant chains, Tower explains that their price pressures mainly come from food and labor costs. He notes that both food and labor inflation have decreased significantly in recent years. However, with regions like California implementing wage increases, Tower acknowledges that "brands will have to price to offset that." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Carmen S. (She/Her) - Restaurant General Manager, Taco Bell Corp. NORTHAMPTON, MA / ACCESSWIRE / March 14, 2024 / Yum! Brands Taco Bell blog Another month, another celebration! March is dedicated as Women's History Month in the U.S., United Kingdom, ...