Yum! Brands 2022 Investor Day Review
<p>RBC Capital analysts provided their views on <a href='https://financialmodelingprep.com/financial-summary/YUM'>Yum! Brands, Inc. (NYSE:YUM)</a> following the company’s 2022 Investor Day, which largely met their expectations, particularly around unit growth.</p>
<p>The company introduced its new long-term guidance framework, including annual system-wide sales growth of over 7% (vs. prior mid-single to high-single-digits), driven in large part by an updated over 5% global net new unit growth target (vs. prior 4-5%). </p>
<p>The company’s management remains confident in the company's long-term unit growth potential, driven by both domestic and international growth across the company's portfolio of brands.</p>
<p>The analysts raised their fiscal 2023 EPS estimate to $5.30 from $5.14. As a result, their price target moved to $132 from $128, while the Sector Perform rating was reiterated.</p>

NYSE:YUM