Yum! Brands Exceeds Earnings Estimates with Strong Taco Bell Performance
Yum! Brands Inc (YUM) reported first-quarter earnings that exceeded analyst expectations, driven by strong performance from Taco Bell. The company's adjusted earnings per share reached $1.50, and revenue hit $2.06 billion. Taco Bell's 8% same-store sales growth and 10% system sales growth were key contributors.
Tickers: $YUM
Topics: earnings profit revenue same-store sales Taco Bell Yum! Brands