Yum Brands' Q2 Earnings Top Estimates While Revenue Disappoints. Taco Bell Drives Yum Brands' Growth.

Yum Brands' Q2 Earnings Top Estimates While Revenue Disappoints. Taco Bell Drives Yum Brands' Growth.

Yum Brands reported mixed second-quarter results, with earnings per share topping estimates but revenue falling short. Same-store sales decreased 1 overall for Yum, as KFC and Pizza Hut saw declines of 3. Only Taco Bell reported growth, with a 5 increase. Taco Bell continues to outperform rivals with its reputation for value resonating with cost-conscious customers. Yum is expanding artificial intelligence to hundreds more Taco Bell drive-thrus by year-end to enhance the digital experience.


User: Benzinga

Views: 978

Uploaded: 2024-08-06

Duration: 00:35

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