Yum Brands CFO Expect FY23 Core Operating Profit To Grow Low Double Digits, Ahead Of Long-Term Guidance Of At Least 8%
Portfolio Pulse from Benzinga Newsdesk
Yum Brands' CFO has projected that the company's FY23 core operating profit will grow in the low double digits, surpassing the long-term guidance of at least 8%.
August 04, 2023 | 11:12 am
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Yum Brands' FY23 core operating profit is expected to grow in the low double digits, which is higher than the long-term guidance of at least 8%.
The CFO's projection of a higher than expected growth in FY23 core operating profit indicates a positive outlook for the company's financial performance. This could potentially lead to an increase in investor confidence and a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100