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Yum! Brands Inc (YUM.N)

YUM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Pizza Hut And Telepizza Group Announce International Growth Alliance
Wednesday, 16 May 2018 

May 16 (Reuters) - :PIZZA HUT AND TELEPIZZA GROUP ANNOUNCE LANDMARK INTERNATIONAL GROWTH ALLIANCE.PIZZA HUT - CO, TELEPIZZA ANNOUNCE ALLIANCE TO ACCELERATE GROWTH ACROSS LATIN AMERICA (EXCLUDING BRAZIL), CARIBBEAN, SPAIN, PORTUGAL AND SWITZERLAND.PIZZA HUT - TRANSACTION IS NOT EXPECTED TO HAVE A SIGNIFICANT IMPACT ON YUM BRANDS’ CORE OPERATING RESULTS OR CASH FLOWS OVER NEXT FEW YEARS.PIZZA HUT - LONG-TERM ALLIANCE INVOLVES TELEPIZZA GROUP OPENING 1,300 NEW STORES OVER THE NEXT 10 YEARS ACROSS REGIONS COVERED IN ALLIANCE.PIZZA HUT - DEAL DOUBLES PIZZA HUT’S FOOTPRINT IN THE REGIONS COVERED BY THE ALLIANCE.  Full Article

Telepizza Group And Pizza Hut Announce Strategic Deal
Wednesday, 16 May 2018 

May 16 (Reuters) - Telepizza Group SA ::PIZZA HUT, A DIVISION OF YUM! BRANDS, ANNOUNCE STRATEGIC DEAL.A STRATEGIC DEAL AND MASTER FRANCHISE ALLIANCE TO ACCELERATE GROWTH ACROSS LATIN AMERICA (EXCLUDING BRAZIL), THE CARIBBEAN, SPAIN (INCLUDING ANDORRA), PORTUGAL AND SWITZERLAND.ALLIANCE NEARLY DOUBLES TELEPIZZA’S STORE PORTFOLIO TO MORE THAN 2,500 UNITS AND 1.1 BLN EUROS IN SYSTEM SALES.LONG-TERM ALLIANCE INVOLVES TELEPIZZA GROUP OPENING 1,300 NEW STORES OVER THE NEXT 10 YEARS ACROSS REGIONS COVERED IN ALLIANCE.  Full Article

Pizza Hut Expanding Beer Delivery Pilot To Nearly 100 Restaurants In Arizona And California
Tuesday, 8 May 2018 

May 8 (Reuters) - Yum! Brands Inc ::PIZZA HUT® EXPANDING BEER DELIVERY PILOT TO NEARLY 100 RESTAURANTS IN ARIZONA AND CALIFORNIA.PIZZA HUT SAYS BEER DELIVERY PILOT PROGRAM IS EXPANDING TO NEARLY 100 STORES ACROSS ARIZONA AND CALIFORNIA IN MAY.  Full Article

Yum Brands Says, Units Entered Into A Refinancing Amendment To Credit Agreement, Dated As Of June 16, 2016
Monday, 9 Apr 2018 

April 9 (Reuters) - Yum! Brands Inc ::YUM BRANDS SAYS ON APRIL 3, UNITS ENTERED INTO A REFINANCING AMENDMENT TO CREDIT AGREEMENT, DATED AS OF JUNE 16, 2016 - SEC FILING.AMENDMENT REPRICED EXISTING ABOUT$2.0 BILLION TERM LOAN B FACILITY; REDUCES INTEREST RATE APPLICABLE TO TERM B LOAN TO ADJUSTED LIBOR PLUS 1.75%.AMENDMENT EXTENDS MATURITY DATE FOR TERM B LOAN TO APRIL 3, 2025.  Full Article

Yum! Brands appoints Tanya Domier to board
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Yum! Brands Inc :Yum! Brands appoints Tanya Domier to board.Yum Brands - ‍Domier is chief executive officer of Advantage Solutions​.  Full Article

Yum! Brands announces authorization of up to $1.5 bln in share repurchases
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Yum! Brands Inc :Yum! Brands, Inc. announces authorization of up to $1.5 billion in share repurchases.Yum Brands - ‍authorized repurchases of up to $1.5 billion in shares of common stock through year end 2018​.Yum Brands - ‍repurchases of up to $1.5 billion in shares of common stock is in addition to prior outstanding authorization​.  Full Article

Yum! Brands Q3 earnings per share $1.18
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Yum! Brands Inc :Yum! Brands reports third-quarter GAAP operating profit growth of 61%; delivers third-quarter core operating profit growth of 11%; maintains full-year core operating profit growth guidance.Q3 earnings per share $0.68 excluding items.Q3 GAAP earnings per share $1.18.Yum Brands - ‍maintaining our full-year 2017 guidance and remain on-track with our multi-year transformation strategy​.Qtrly ‍worldwide system sales grew 6%, with KFC at 7%, Taco Bell at 6% and Pizza Hut at 3%​.Q3 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Yum Brands - qtrly total revenues $1,436‍​ million versus $1,518 million last year.Q3 revenue view $1.39 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $2.81, revenue view $5.83 billion -- Thomson Reuters I/B/E/S.  Full Article

Yum! Brands declares qtrly dividend of $0.30 per share
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Yum! Brands Inc ::Yum! Brands, Inc declares quarterly dividend of $0.30 per share.  Full Article

Collins Foods says unit ‍completes acquisition of five KFC restaurants
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Collins Foods Ltd :Unit ‍completed acquisition of five KFC restaurants located in south australia from a subsidiary of Yum! Brands Inc​.  Full Article

Collins foods completes Western Australia component of KFC acquisition
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Collins Foods Ltd :Unit completed Western Australia component of its acquisition of KFC restaurants from a subsidiary of Yum! Brands Inc.  Full Article

UPDATE 3-Yum says UK KFC supply snafu will be drag on Q2 results

May 2 Yum Brands Inc's sales at established restaurants rose at just half the pace expected by Wall Street, after a chicken supply shortage hammered sales at KFC in the UK and Pizza Hut struggled in China.