Yum Brands Inc
YUM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$998.00 | Bxqj | Hwzflgvyg |
Yum Earnings: Signs of Demand Weakening Overshadow Decent Quarterly Results
Wide-moat Yum Brands reported decent second-quarter results, but softening comparable-store sales and signs of intensifying promotional activity at KFC and Pizza Hut suggest weaker near-term prospects. As we digest results, we expect to lower our $144 fair value estimate by a mid-single-digit rate, leaving shares trading in a range we'd consider fairly valued.