Yum brands, which operates KFC Pizza Hut and Taco Bell reported first quarter earnings this morning. Yum Beat revenue and same store sales expectations, but missed on earnings due to quote declines in the value of unnamed investments. What were your big takeaways from Yum's quarter? I thought Yum did a fine job with the quarter. This is the time where a QSR operator with a lot of franchise revenues should be able to make hay.
Investing’s biggest weekend is almost here.
(00:21) Ricky Mulvey and Asit Sharma discuss: - Johnson & Johnson’s spin-off of its consumer health company, Kenvue. - If Darden Restaurants is getting a good deal on its acquisition of Ruth’s Hospitality Group. - Yum! Brands quarter, and what it says about the global economy.
(12:42) Deidre Woollard and Matt Frankel look ahead to Berkshire Hathaway’s annual meeting, taking place this weekend. Companies discussed: JNJ, KVUE, PG, RUTH, DRI, YUM, BRK.A, BRK.B, RDFN, OXY, CVX, AAPL
Host: Ricky Mulvey Guests: Asit Sharma, Deidre Woollard, Matt Frankel Engineer: Dan Boyd
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