A number of stocks jumped in the afternoon session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible."
His comments signaled to markets that both sides might be motivated to seek common ground, raising expectations for reduced tariffs and more stability across markets.
Large-cap stocks had poor performance last week, including UnitedHealth Group, Global Payments, Applovin, Humana, DaVita, Meta Platforms, Yum China, CoreWeave, Burlington Stores, Super Micro Computer, and GlobalFoundries.
Since October 2024, Yum China has been in a holding pattern, posting a small loss of 1.7% while floating around $46.51. However, the stock is beating the S&P 500’s 7.8% decline during that period.
Restaurants increase convenience and give many people a place to unwind. But it’s not all sunshine and rainbows as they’re notoriously hard to run thanks to perishable ingredients, labor shortages, or volatile consumer spending.
Unfortunately, these factors have spelled trouble for the industry as it has shed 4% over the past six months. This performance was worse than the S&P 500’s 1.6% decline.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how traditional fast food stocks fared in Q4, starting with Yum China (NYSE:YUMC).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Krispy Kreme (NASDAQ:DNUT) and the best and worst performers in the traditional fast food industry.
YUM CHINA HOLDINGS INC (NYSE:YUMC) Reveals Intriguing Technical Aspects. Indications Suggest NYSE:YUMC Could Be on the Verge of a Breakout. Here's What You Need to Know.
Fast-food company Yum China (NYSE:YUMC) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 4.1% year on year to $2.60 billion. Its non-GAAP profit of $0.30 per share was in line with analysts’ consensus estimates.
Yum China Holdings shares saw gains following its Q4 earnings, which showed a 4% revenue increase. The company reported strong growth in KFC delivery sales and raised its dividend by 50%.
