Yum! - News

Ticker Symbol: YUM

Yum! Brands News – Upcoming

Yum! expects earnings to rise 10% in 2009, forecasting strong growth in its China market. Due to the slowdown in the U.S. and other regions, Yum! has been forced to rely more heavily on growth in China to offset losses elsewhere. At year end, Yum opened roughly 500 new locations in China and expects to continue to expand its reach there.

Yum! Brands News - Past

On Tuesday, February 3rd, Yum! Reported a 12% decrease in Q4 earnings on operating charges and losses due to currency impacts. Net income ticked in at $204 million, down from $231 million in the prior year. Earnings per share fell 3% to $0.43 from $0.44 in the fourth quarter of 2008. Revenues climbed 4% to $3.38 billion on sales of $2.94 billion. For all of 2008, Yum! reported net income of $964 million – earning $1.96 a share --- compared with $909 million in 2007.

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