Yum! Brands Earnings Beat Masks Taco Bell Weakness, but CEO Sees Recovery Taking Hold
Yum! Brands beat Q3 EPS estimates but narrowly missed revenue; KFC growth offset Taco Bell weakness as Pizza Hut divestitures closed.
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Why It Matters
Yum made more profit than expected, but sales fell a little short. Some restaurants like KFC did well, while Taco Bell struggled, so watch if the company can turn things around.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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