Yum! Brands reported after Tuesday’s closing bell that it has lowered its outlook for FY2014 due to issues with its China division.
Inside the News
The company expects earnings for FY2014 to see mid-single-digit growth due to “improper food handling” in China.
For FY2015, the company expects to see earnings growth of at least 10%.
Mutual Funds to Watch
Investors seeking exposure to Yum! Brands can also consider a mutual fund investment. Below are three funds that have the largest stakes in YUM.
|VTSMX||Vanguard Total Stock Market Index||1.67%|
|VFINX||Vanguard 500 Index||1.06%|
|TGVAX||Thornburg International Value||0.57%|
The Bottom Line
The funds above are a great way to gain exposure to YUM while remaining diversified. Investors interested in YUM may also be interested in Brinker International (EAT) and DineEquity (DIN).