Yum Brands sees sales growth at KFC, Pizza Hut and Taco Bell

//Yum Brands sees sales growth at KFC, Pizza Hut and Taco Bell

Yum Brands sees sales growth at KFC, Pizza Hut and Taco Bell

This post was originally published on this site

NEW YORK • Yum Brands Inc. reported better-than-expected third-quarter results Thursday as a key sales figure rose at KFC, Pizza Hut and Taco Bell.

Sales rose 4 percent at KFC’s existing locations, rose 3 percent at Taco Bell and rose 1 percent at Pizza Hut.

The Louisville, Ky.-based company reported adjusted earnings of 68 cents per share in the three months ending Sept. 30. That’s a penny above what Wall Street analysts expected, according to FactSet.

Revenue fell 5 percent to $1.44 billion in the period, but beat the $1.39 billion analysts expected.

Business Briefing from St. Louis Post-Dispatch

Make it your business. Get twice-daily updates on what the St. Louis business community is talking about.

2017-11-02T21:36:03+00:00