digital

The Trans Human Restaurant Operator

The Trans Human Restaurant Operator

Yum! highlighted during a recent analyst day presentation how its strategy to acquire proprietary tech companies provides a key advantage relative to competitors who must rely on commoditized solutions from third parties.

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2Q20 Investor Call Summary & Analysis

Hopefully the trough of a shocking Black Swan event, 2Q20 gave us an average comp decline of -15.4% for 23 $1B+ chains under coverage. Notably, there was a very wide dispersion of results with a comp high of +32% (Wingstop) all the way to a low of -59% (IHOP) as consumers decidedly shifted away from dine-in to low-contact off-premise solutions.

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