YUM changes
Pick any two versions below to diff them.
- Price
- $144.82 → $155.40(+7.3%)
- Discount category
- Below intrinsic value → Close to intrinsic value
- Next earnings is estimate
- Yes → No
- Checkpoints
- Sep 1, 2026: Pizza Hut sale to LongRange Capital completes. Passed. Watch: Closing of both Pizza Hut sales with about $2.3 billion of net proceeds passes; a failed or delayed closing fails. Outcome: Yum completed the sale on September 1, 2026, after the Yum China part closed on August 7, for $2.7 billion in total plus an earn-out of up to $75 million. Nov 3, removed: 2026 (estimate): added: 2026: Q3 2026 results: Taco Bell recovery after the outbreak. Pending. Watch: Taco Bell US same-store sales that improve each month to positive in October, and a Taco Bell US margin within 19% to 21%, pass; a deeper decline or a lower margin fails. Feb 2027 (estimate): Repay $884 million of securitization notes due February 2027. Pending. Watch: Repaying or refinancing the notes on time at a reasonable rate passes; a missed date, which makes all the securitization notes start to pay down principal early, fails. Mar 2, 2027: Refinance June 2027 subsidiary notes before springing maturity. Pending. Watch: Repaying or refinancing at least $500 million of the $750 million notes by this date at a reasonable rate passes; a missed date, which makes the Term Loan A and the revolver come due, fails. Apr 2027 (estimate): Q1 2027 results: Taco Bell US same-store sales positive. Pending. Watch: Positive Taco Bell US same-store sales and KFC unit growth of 5% or more pass; negative Taco Bell sales fail.