Yum Brands Inc
YUM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$557.00 | Ywhjh | Pxhzqhyw |
Yum's Strong International Positioning and Taco Bell Strength Underpin Durable Growth Narrative
Business Strategy and Outlook
The restaurant industry has changed a lot over the past three years. We remain encouraged by the ability of the largest operators, including Yum, to accelerate critical investments in e-commerce platforms, delivery integration, and technological solutions that meet the demands of the modern restaurant consumer. Recent acquisitions demonstrate the emphasis the firm has placed on digital enhancements, with 45% of systemwide sales now coming through digital channels, which we expect to remain integral to Yum's strategic playbook.