Yum! Brands Inc. (NYSE:YUM) Jolted In Japan

Yum! Brands Inc. (NYSE:YUM) has seen closures of its restaurants in Japan after the earthquake. Yum! Brands Inc. (NYSE:YUM) Jolted In Japan Yum! Brands Inc. (NYSE:YUM), the parent company of Pizza Hut and KFC, announced that its 150 restaurants in Japan are remain closed after the earthquake and tsunami last week. The company is facing low-single-digit profit exposure in Japan. Yum! Brands Inc. (NYSE:YUM) has about 1,530 units in Japan and had experienced strong growth in the past years. The Japanese units of Yum! Brands Inc. (NYSE:YUM) are operated by franchisees. A spokeswoman for Yum! Brands Inc. (NYSE:YUM) said, “The franchisee is determining how quickly they’ll be able to reopen, things are fluid right now.” Yum! Brands Inc. (NYSE:YUM) stocks were at 50.85 at the end of the last day’s trading. There’s been a 3.0% change in the stock price over the past 3 months. Yum! Brands Inc. (NYSE:YUM) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.08 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.08 Zack’s Rank: 9 out of 42 in the industry
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