The Motley Fool Discussion Boards
Stocks Y / Yum! Brands, Inc.
|Subject: Results are in||Date: 7/13/2011 6:14 PM|
|Author: tangoev||Number: 700 of 712|
Yum reported tonight after close. The market seems to like it. But the figures are not great.
Read company report here: http://investors.yum.com/phoenix.zhtml?c=117941&p=irol-n...
Highlights EPS Growth of 13%, Raises Full Year 2011 EPS Growth Forecast to at least 12
Operating profit grew 25% in China and 11% at Yum! Restaurants International prior to foreign currency translation.
Operating profit declined 28% in the U.S., resulting in a Worldwide operating profit decline of 2%
Worldwide system sales grew 3%, prior to foreign currency translation, including 28% in China and 6% at YRI. System sales in the U.S. declined 5%.
Strong international development continued with