Yum! Brands (NYSE: YUM)
Yum! Brands is a fast food and restaurant chain that owns the famous brands KFC (Kentucky Fried Chicken), Taco Bell, and Pizza Hut. For 2024, Yum reported a 7% year-on-year increase in revenue to US$7.5 billion. Operating profit increased by 4% year on year to US$2.4 billion but net profit fell by 7% year on year, hit by a large income tax provision. The restaurant chain generated a healthy positive free cash flow of S$1.4 billion for 2024, 8.6% higher year on year....It’s nice to splurge a little occasionally by visiting and dining at a cosy restaurant.
But did you know that such restaurants may turn out to be solid investments that you own for the long term?
The US stock market offers a good variety of choices for investors who are looking at growth stocks within the food and beverage sector.
These stocks could be delicious enough for you to take a bite into for your buy watchlist.
