Rate Cuts to Help Restaurant Industry: 4 Stocks With Growth Potential [Yahoo! Finance]
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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Source: Yahoo! Finance
Sales grew consistently at restaurants and drinking places in 2023 and this year has also been great so far. The Federal Reserve's recent rate cut is likely to benefit the restaurant industry further as it will help lower the cost of both raw materials as well as allow consumers to spend more freely. Given this situation, it would be ideal to invest in restaurant stocks like Yum China Holdings, Inc. YUMC, El Pollo Loco Holdings, Inc. LOCO, Texas Roadhouse, Inc. TXRH and Potbelly Corporation PBPB, which have upside potential for 2024 and have seen positive earnings estimate revisions in the past 60 days. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here August Sales Prove Industry's Underlying Strength The Commerce Department reported earlier this month that sales at eating and drinking places totaled $94.5 billion in August 2024, up from $91.1 billion in July 2024. Year over year, sales at
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YUMC
News
- Why Yum China Holdings (YUMC) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Why Chinese Stocks Are Ripping Higher Today [Yahoo! Finance]Yahoo! Finance
- YUMC vs. BROS: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
- Is Yum China (YUMC) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- Why Chinese Stocks Are Jumping on Tuesday [Yahoo! Finance]Yahoo! Finance
YUMC
Earnings
- 8/5/24 - Beat
YUMC
Sec Filings
- 9/23/24 - Form 8-K/A
- 9/19/24 - Form 4
- 9/19/24 - Form 4
- YUMC's page on the SEC website