Yum seems to be capturing those folks who are impacted by inflation, may already be living in a recession. That's one of Yum's advantages, which is that they're looking at that lower price point. Commodity costs, path-gitching costs in QSRs, food costs, the labor costs, all that's rising. You have to be able to make something out of that on the bottom line.
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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