Yum Brands Inc (TGR.MU)
- Yahoo Finance
McDonald's Q1 earnings miss sales expectations, as consumers tighten their wallets
McDonald's hefty expansion plans helped to boost sales in Q1.
- StockStory
Yum! Brands (YUM) Reports Earnings Tomorrow: What To Expect
Fast-food company Yum! Brands (NYSE:YUM) will be reporting results tomorrow before the bell. Here's what to look for.
- Reuters
McDonald's set for weak sales growth as US fast-food chains grapple with muted traffic
The burger giant will report first-quarter results on Tuesday, kicking off earnings for U.S. restaurant chains, with top players such as Starbucks and KFC-parent Yum Brands set to report results later in the week. "We expect traffic to continue to be negative and believe the average check will remain under pressure from the heavy discounting to recover lower-income consumer traffic," BTIG analyst Peter Saleh said. McDonald's has leaned on its Dollar Menu, offering items in the $1, $2, $3 price points to lure in diners on a budget, while Wendy's this month offered some items for just a dollar on orders placed via apps.
