Advertisement
New Zealand markets closed

  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     

  • NZD/USD

    0.5926
    -0.0008 (-0.14%)
     

  • NZD/EUR

    0.5543
    +0.0002 (+0.04%)
     

  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     

  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     

  • OIL

    82.79
    -0.57 (-0.68%)
     

  • GOLD

    2,338.60
    -3.50 (-0.15%)
     

  • NASDAQ

    17,446.50
    -24.97 (-0.14%)
     

  • FTSE

    8,040.38
    -4.43 (-0.06%)
     

  • Dow Jones

    38,353.15
    -150.54 (-0.39%)
     

  • DAX

    18,088.70
    -48.95 (-0.27%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • NZD/JPY

    91.8240
    +0.0580 (+0.06%)
     

Yum! Brands stock pops on quarterly earnings beat

Yahoo Finance Video

Yahoo Finance Live’s Rachelle Akuffo discusses quarterly earnings for Taco Bell parent company Yum! Brands and Chipotle.

Video transcript

- Well, prices are still top of mind for inflationary consumers, which we saw in earnings from restaurant giants, Yum Brands and Chipotle. Yum Brands beat Wall Street profit estimates in the latest quarter as consumers remain lured in by Taco Bell's value offerings. Chipotle painted a slightly different picture, though, with sales cooling following a recent round of price hikes.