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Earnings Alert: 3 Key Restaurant Stocks to Watch (MCD, SBUX, YUM)

It is earnings season and we are taking a look at the top industries in this earnings spotlight series. Today’s video focuses on the restaurant industry, an area which has definitely been under the microscope lately. 

Lower gas prices have put more money into consumers’ pockets, but competition has really been heating up on the price side. Still, the industry has a top 25% industry rank, so expectations are definitely high going into the reports. 

First up is Yum! Brands (YUM) the parent company for Taco Bell, Pizza Hut, and KFC. The company looks likely to beat earnings thanks to a positive Earnings ESP and a Zacks Rank #3 (Hold), but investors are likely to focus in on the company’s plans to spin-off its troubled China division instead. 

Meanwhile, SBUX and MCD both report later in the week and the stocks currently have Zacks Rank #2 (Buy) ratings. However, there are keys to note for both which may make investors pause before buying these ahead of their reports. 

Watch the video for more earnings insights and a closer look at the charts for these restaurant stocks. And make sure to tune in later in the week for more analysis of company reports!

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