Yum Brands Exceeds Earnings Estimates with Strong Taco Bell Performance
Yum Brands exceeded first-quarter earnings and revenue estimates, driven by Taco Bell's 8% same-store sales growth. The company reported $1.50 in adjusted earnings per share and $2.06 billion in revenue, both above expectations. Pizza Hut's future plans were not disclosed.
Tickers: $YUM
Topics: Earnings Revenue Same-store sales Taco Bell Yum Brands