Yum China Holdings, Inc., up $1.21 to $57.71. Restaurant Stocks Are Rallying -- Here's Why You Should Avoid Them, Top Analyst Reports for Alibaba, UnitedHealth & Merck, Chipotle Mexican Grill (CMG) Stock Sinks As Market Gains: What You Should Know, Chipotle brings back its most popular new menu item. Download Our Apps. Total revenues grew 4% compared to 2018, and same-store sales rose 3% year over year. Surging Retail Stocks to Buy for the Holiday Season, 3 Things You'll Want to Know When Chipotle Announces Earnings, The Zacks Analyst Blog Highlights: Alibaba, UnitedHealth, Merck & Co., Chipotle Mexican Grill and IDEXX Laboratories. The firm operates 9,200 restaurants — including about 6,500 KFC locations and roughly 2,300 Pizza Hut stores. All rights reserved. A KFC fast food restaurant in Shanghai in 2014. So Ocean Spray gave him a truck, Fed Chair on stimulus: There's little risk of overdoing it, Why the Postal Service has been losing money for years, CNN reporter: Trump contracting Covid-19 could be 'game changer' for markets, This crease in Biden's shirt fueled a conspiracy theory, Chris Wallace says Trump is 'responsible' for chaotic debate, We asked Trump supporters to show us their Facebook feeds, Qualcomm warns that 'uncertainty' about coronavirus could hit the smartphone industry. "We are closely monitoring and implementing the requirements of local government and health authorities. As the virus continues to spread, global businesses are responding by enhancing health protocols and closing stores. Pizza Hut locations, where most customers dine-in, were hit especially hard. The idea could become a business opportunity, Wat added. New York (CNN Business)Yum China, which operates KFC, Taco Bell and Pizza Hut in the country, warned that the deadly coronavirus will hurt its business this year. Why the coronavirus outbreak is rattling markets, YouTube CEO on removing video of Trump making false Covid-19 claim, Trump claims immunity, negative test without providing evidence, Town hall debate to be replaced by dueling town halls, Harris goes after Trump's lack of transparency on taxes during VP debate, America's job recovery is at a crossroads, His TikTok went viral. Though its 2020 outlook may be bleak, Yum China delivered strong results last year.

"As a result of the outbreak, the company may experience operating losses for the first quarter of 2020," the company said in a statement discussing 2019 financial results. The owner of Pizza Hut and KFC in China launched a secondary stock offering and a listing in Hong Kong. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. If the trends continue, Yum China could face operating losses for the full year. Next reporting date: October 27, 2020: EPS forecast (this quarter) $4.77: Annual revenue (last year) $5.6B: Annual profit (last year) $350.2M: Net profit margin View the latest top stories from CNN Money Visit CNNMoney.com for daily and breaking news from the world of business. Because the situation is fast changing, we are implementing all measures as rapidly as possible.". Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. 12:30pm / Zacks.com - Paid Partner Content, Oct 05 / Zacks.com - Paid Partner Content, 8:49am / MotleyFool.com - Paid Partner Content, Oct 02 / Zacks.com - Paid Partner Content, 6:20am / Zacks.com - Paid Partner Content, Oct 01 / Zacks.com - Paid Partner Content, Oct 09 / MotleyFool.com - Paid Partner Content. Brands, recently tested a premium chicken sandwich in an effort to better compete with Popeye's and Chick-fil-a. Same-store sales at those locations were down 40-50% since the Lunar New Year holiday period compared to the 2019 holiday period. Wat said that though restaurants are closed to regular customers in Wuhan, Yum has opened some kitchens to serve meals to health workers. Buy Surging Domino's Pizza (DPZ) Stock Ahead of Earnings? "Our top priority is the safety of our employees and customers," said CEO Joey Wat. Factset: FactSet Research Systems Inc.2018. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. The coronavirus outbreak, which originated in the Chinese city of Wuhan, has.

Weather Forecast Breaking News Severe Weather Contests & Promotions. Updated 11:36 PM ET, Wed February 5, 2020. All times are ET. Shares of the company dropped about 3% after US trading hours Wednesday on the news. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Chipotle Mexican Grill (CMG) Expected to Beat Earnings Estimates: Can the Stock Move Higher? To keep customers and employees safe at operating locations, the company has stepped up the cleaning and disinfecting of equipment and surfaces in stores, and ensured that employees wear masks. Regis Corp., down $1.69 to $7.39. Here's KFC's new signature sauce, Pandemic closures see restaurants hit the hardest, Muscle Maker Grill's 'Ghost Kitchen' Restaurant Model Is Riding The Wave Of Social Distancing. So far, the company has temporarily closed more than 30% of its restaurants in China. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. By CNN. Should You Invest in the Invesco Dynamic Leisure and Entertainment ETF (PEJ)? Yum China, which operates KFC, Taco Bell and Pizza Hut in the country, warned that the deadly coronavirus will hurt its business this year. Stores that remained open held shorter hours and brought in fewer customers than usual. All rights reserved. Oct 12 / MotleyFool.com - Paid Partner Content, Sep 18 / Seeking Alpha - Paid Partner Content, Oct 09 / MotleyFool.com - Paid Partner Content, Sep 17 / Seeking Alpha - Paid Partner Content, Dick's Sporting Goods President Gets Named to Yum! Brands Board, Restaurants continue steady climb in latest Baird survey, Goodbye 'Finger Lickin' Good.' Yum Brands Inc on Thursday beat Wall Street expectations for quarterly samerestaurant sales and profit, as consumers ordered more comfort foods such as pizzas and tacos online while under coronavirus lockdowns, sending its shares about 2% higher. Half Moon Bay, CA - Get the very latest weather forecast, including hour-by-hour views, the 10-day outlook, temperature, humidity, precipitation for your area. Most stock quote data provided by BATS. Published October 12, ... KFC, which is owned by Yum! A handful of Yum restaurants in the city are serving more than 1,000 meals per day to doctors and medical staff. Disclaimer. The remaining restaurants include Little Sheep, East Dawning and COFFI & JOY, in addition to Taco Bell. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Unadilla, GA - Get the very latest weather forecast, including hour-by-hour views, the 10-day outlook, temperature, humidity, precipitation for your area. "We received a lot of requests in terms of catering services.".

KFC, which is owned by Yum!

Hawaiian Goddesses, Tennessee Sample Ballot 2020 Shelby County, Deakin College Login, Biosense Webster Ceo, Habitica Warrior Guide, Cromwell Hospital Email Address, Small Task Meaning, Webber And Rice, Lake Buena Vista Resort And Spa Drowning, Pickup Truck Rental Lansing, Mi, Hca International Subsidiaries, Orestes Family Tree, Schneider National Subsidiaries, Nuffield Trust Trustees, Cardiologist Consultation Fee, Aubry Fisher, Dr Harms Columbia, Adecco Singapore, Amaira Name Meaning, Wierdapark Centurion Postal Code, Wizard Plants Vs Zombies, Winter Springs, Fl Directions, Traffic Webcam, Upsl Player Registration, Aerospace Engineering Schools, Ann Rule Books In Order, Arabelle Name Pronunciation, Kingaroy To Gympie, Central Square Superion, Sample Ballot For Maury County Tennessee, Arlington Stadium Seating Chart, Garrick Theater New York, Deland Accident Yesterday, Pepsico Product Mix, Attune Knee Replacement Reviews, Lion King Ohio, Curtin Excellence Scholarship, Park Eun Bin, Calendrier Scolaire 2020 21 Val Des Cerfs, Globe Life Stadium, Bed And Breakfast St John Usvi, Ande Backpack, Jim Chalmers Wife, Adpt Stock, Kent Hospital Billing, Orlando Weather Today, St Pancras Workhouse, Sodastream Co2, Hildegard Name Meaning, Public Universities In Washington, Schneider One Day At A Time Actor 2017, Country Victorian B&b, Home At Last Lyrics,