67.90 0.00 (0.00%)
After hours: 5:14PM EDT
|Bid||67.81 x 800|
|Ask||69.82 x 800|
|Day's Range||66.82 - 67.96|
|52 Week Range||50.20 - 79.46|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||30.27|
|Forward Dividend & Yield||2.00 (2.88%)|
|1y Target Est||70.50|
With competition heating up, KeyBanc Capital Markets analysts think McDonald’s will have a new entry in the chicken sandwich war in 2020.
Bruderman Asset Management Chief Market Strategist Oliver Pursche tells Yahoo Finance’s On the Move why an economic downturn could be good for McDonald's.
McDonald's missed third-quarter earnings and revenue views as U.S. same-store sales also fell short. Shares plunged.
Third quarter earnings reports are starting to pile up. Here's a quick read on the health of the U.S. consumer amid talk of a recession in early 2020.
Is Restaurant Brands International Inc. (NYSE:QSR) a good dividend stock? How can we tell? Dividend paying companies...
Analysts say menu items gave McDonald’s a boost during the most recent quarter, but competitors have launched menu innovations that could stifle McDonald’s growth.
The pizza chain is partnering with food giant Kellogg (K) to test a plant-based pizza topping at a Phoenix location for a limited time starting Wednesday, October 23.
The BURGER KING® brand has pulled off every taste test on Earth, but this Halloween, they did one that’s out of this world. Yup, the brand gave its new Ghost WHOPPER® sandwich, made with spectral-white buns, to spirits. The BURGER KING® brand partnered with Riz Mirza, a trance channel of international renown who can turn his body into a vessel for spirits.
Restaurant Brands' (QSR) third-quarter 2019 earnings are likely to have benefited from various sales-building strategies and solid expansion efforts.
Yum! Brands (NYSE:YUM) remains in an expensive technology arms race against McDonald's (NYSE:MCD) and Starbucks (NASDAQ:SBUX). It's also in an expensive creativity race with Restaurant Brands International (NYSE:QSR).Source: JHVEPhoto / Shutterstock.com Consumers, however, are reading a different story. They're reading that Yum! unit Taco Bell recalled 2.3 million pounds of seasoned beef over possible contamination. It reminded some of a decade-old battle over whether there was much meat in the tacos at all.People are chuckling over that debate with their lattes this morning. For investors, that story is a classic nothingburger. But if it reminds you of how Yum! has scored a 21% gain so far in 2019, it's going to be tasty.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Tech RaceThis week Yum! spirited away Walmart (NYSE:WMT) Chief Information Officer Clay Johnson, naming him chief digital and chief technology officer.Johnson was recently named CIO of the Year by CIO Dive. He has a reputation for "a maniacal focus on cost" and being "a good coach for his team." At Yum! he will be working alongside Chief Strategy Officer Gavin Felder. Felder had been chief financial officer for the KFC unit. The duo's charge is to integrate technology across all operations and automate the restaurants. * The 7 Best Penny Stocks to Buy It's going to be an uphill climb. Starbucks began the automation trend early in this decade. McDonald's got a shout-out during the recent Democratic debate for getting rid of cashiers.McDonald's has also been increasing its presence in Silicon Valley. It bought Dynamic Yield to automate its drive-thru menus based on weather, traffic and time of day. It is buying Apprente for its voice ordering technology. The company has also bought a piece of Plexure, a mobile app vendor. The Yum! Brands Menu RaceThen there's the menu race. This went into overdrive when Restaurant Brands' Popeyes unit pushed out a chicken sandwich to match that of privately held Chick-fil-A. Restaurant Brands also brought Impossible Foods' burgers to its Burger King units.Yum! has responded with a successful test of faux chicken at a Georgia KFC unit, alongside Beyond Meat (NASDAQ:BYND).The strategy is to move alongside other brands, as in 2012's Doritos Locos Taco at Taco Bell -- Doritos is part of PepsiCo (NASDAQ:PEP). Now Pizza Hut is rolling out a "Cheez-It" pizza, a calzone made with the Kellogg's (NYSE:K) snack cracker. Via KFC, Yum! Brands is also launching a "Doughnut Sandwich," a riff on chicken and waffles.This creativity extends to grocery stores, where Taco Bell will soon sell chips made with cheddar cheese. The idea of making cheese into chips has been around a while. (Try making them with mounds of good ground Parmesan, on a silicone mat, in the oven for 6 minutes at 400 degrees). Taco Bell already sells a variety of chips in convenience stores. The new crackers will be a follow-on to its toasted cheddar chalupa, with cheese baked into the taco shell. Buy YUM Stock LaterWith its current gains YUM is selling at a trailing price-to-earnings ratio of 26.3. The 42 cent per share dividend yields just 1.5%. That's expensive. The one-year price target for analysts is just $120 per share, $8 higher than its Oct. 17 opening price.Adding technology and rolling out new menu items is going to cost money, which is why some analysts think the shares should be avoided. But both tech and menu creativity get a big reward from customers, who have tired of the same old thing. Improving fast food's technology is especially valuable because it locks customers into the brand while lowering overall costs.If you're in your 30s and can wait for a return, then YUM stock should be on your radar, at least as a means of diversification. Put it on your list, wait for your opening and buy a few days after everyone screams "sell."Dana Blankenhorn is a financial and technology journalist. He is the author of the historical mystery romance The Reluctant Detective Travels in Time available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in QSR. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Penny Stocks to Buy * 7 Bank Stocks to Avoid Now at All Costs * The 10 Best Mutual Funds for Your 401k The post The Fast Food Arms Race Makes Yum! Brands Stock Look Extra Tasty appeared first on InvestorPlace.
Have you ever heard of the Stevenage Football Club? In fact, the brand sponsors the soccer club and is launching the “Stevenage Challenge,” a series of challenges for soccer fans that, if completed, will reward participants with menu favorites like the WHOPPER® sandwich, Chicken Sandwich, and Chicken Fries for free only through Uber Eats®*. All with the new Burger King sponsored Stevenage F.C. shirt on.
The BURGER KING® brand is celebrating the opening of its 3,000th restaurant in the Asia-Pacific region. The new restaurant, which is operated by a joint venture owned by Burger King and long-time operating partner TFI TAB Food Investments and long-time partner Cartesian Capital, opened its doors on September 28th at the Huatai Center in Shanghai, China. “We are very proud of this milestone opening of our 3,000th restaurant in the Asia-Pacific region, which is a testament to our bold ambition of accelerating our growth in the region,” said Sami Siddiqui, President, Burger King Asia-Pacific.
Restaurant Brands (QSR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Veggie burgers are buzzy, from the Impossible Whopper to Beyond Meat's stock surge. But which tastes the best? We assembled an all-star team to find out.