Cyclospora Outbreak Hits Taco Bell Sales, But Yum! Brands Says Customers Are Coming Back
Yum! Brands stock jumps despite mixed Q2 results. Adjusted EPS beats estimates at $1.62, while revenue misses at $2.17B. Details here.
Taco Bell had a food-safety problem that hurt sales, but the company says customers are returning. The stock went up because profits beat expectations, even though total sales came in lower than hoped.
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