Earnings Recap – February 9th 💰

Earnings Recap of February 9th

Yum! Brands

Yum Brands reported Q4 earnings on Wednesday. The American fast-food business reported adjusted earnings of $1.02 per share, missing analysts’ expectations of $1.09 per share. Revenue was $1.89 billion, beating analysts’ expectations of $1.89 billion. The company also reported a 5% increase in same-store sales compared to the previous year.

CVS Health Group

CVS Health Group reported Q4 earnings on Wednesday. The American retailer reported adjusted earnings of $1.98 per share, beating analysts’ expectations of $1.93 per share. Revenue was $76.60 billion, beating analysts’ expectations of $75.67 billion. Same-store sales grew 13.4%. For the full fiscal year of 2022, the company expects adjusted earnings between $8.10 and $8.30 per share.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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