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A indicator is uploaded before a Taco Bell dining establishment on Might 01, 2024 in Richmond, California.Â
Justin Sullivan|Getty Images
Yum Brands on Tuesday reported earnings that disappointed assumptions as both Pizza Hut and KFC reported decreasing same-store sales.
Shares of the firm dropped 1% in premarket trading.
Here’s what the firm reported compared to what Wall surface Road was anticipating, based upon a study of experts by LSEG:
- Earnings per share: $1.35 changed. That might not compare to $1.33 anticipated.
- Income: $1.76 billion vs. $1.8 billion expected
Yum reported second-quarter take-home pay of $367 million, or $1.28 per share, below $418 million, or $1.46 per share, a year previously.
Omitting products, the firm gained $1.35 per share.
Internet sales rose 4% to $1.76 billion.
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