Scott Mlyn | CNBCShares of the company were up less than 1% in premarket trading.
Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.25 billion, matching expectationsTaco Bell's parent company reported fiscal first-quarter net income of $262 million, or 83 cents per share, down from $433 million, or $1.27 per share, a year earlier.
Excluding items, Yum earned 82 cents per share, topping the 81 cents per share expected by analysts surveyed by Refinitiv.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: Alphabet, Yum China, MGM Resorts and moreStocks making the biggest moves after hours: Alphabet, Yum China, MGM Resorts & more Trump is amazing
Source: CNBC - 🏆 12. / 72 Read more »
Licensing Company Authentic Brands in Talks to Buy Sports Illustrated for About $110 MillionLicensing company Authentic Brands Group has emerged as a leading contender to buy Sports Illustrated from Meredith. Good Investment. damn! it sucks when you don't have the $$ to instantly buy it. I am imagining wonderful things with such magazine. There’s nothing authentic besides the bullshit of any newsbrand. Why? Is destruction of shareholder value now part of Authentic Brands corporate strategy? Just wait a year for the price to plummet further.
Source: WSJ - 🏆 98. / 63 Read more »