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In 3Q16, $YUM's KFC division same store sales grew 4%. Core operating profit grew 19% and the division opened 138 new international restaurants in 42 countries. The company remains on track to open at least 475 new international units in 2016. Pizza Hut same store sales declined 1% in 3Q16.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.