News Formal

Shares of Taco Bell-owner Yum Brands jump as earnings top estimates

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Taco Bell, KFC and Pizza Hut owner reported second quarter earnings that topped expectations, fueled by stronger same-store sales growth across all its brands.

The company’s revenue of $1.31 billion was higher than the $1.28 analysts were expecting.Customers wearing Taco Bell foam taco hats exit the company's restaurant, a unit of Yum! Brands Inc. in Bangkok, Thailand, last January.earnings Thursday that beat Wall Street's expectations, sending its shares up more than 4% in premarket trading.

Here's what the company reported compared with what Wall Street expected, based on a survey of analysts by Refinitiv:Revenue: $1.31 billion vs. $1.28 billion

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lots of my money is in that pile. Damn nacho fries are addicting.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Apple, Electronic Arts, Amgen, FireEyeSee which stocks are posting big moves after the bell on July 30. The markets, Tomorrow UP !!
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Fitbit, Qualcomm, Twilio and moreSee which stocks are posting big moves after the bell on July 31.
Source: CNBC - 🏆 12. / 72 Read more »