Taco Bell Parent Yum Brands Misses Earnings Estimates as Higher Costs Weigh on Profits

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Yum Brands on Wednesday reported mixed results for its fourth quarter as higher costs weighed on profits, leading to an earnings miss. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.02 adjusted vs. $1.09 expected Revenue:…

on Wednesday reported mixed results for its fourth quarter as higher costs weighed on profits, leading to an earnings miss.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.89 billion vs. $1.88 billion expected

Yum reported fourth-quarter net income of $330 million, or $1.11 per share, down from $332 million, or $1.08 per share, a year earlier. Excluding items, the company earned $1.02 per share, falling short of the $1.09 per share expected by analysts surveyed by Refinitiv.Download our local news and weather app

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Taco Bell Parent, Yum Brands, Misses Earnings Estimates as Higher Costs Weigh on Profits.

I used to love tacobell tacobellcare yumbrands but the quality of the food has dropped tremendously and they keep raising prices and employees get nothing- I AM DONE WITH YUM BRANDS ESPECIALLY

This just underscores that large companies are used to making themselves richer by keeping their employees poorer. I'm glad that is starting to change, even if only somewhat (for now).

Not shocking the quality of the food for all the Yum branded restaurants have went down hill. Especially KFC. Barf. Chickfila is so much better not sure what they are doing but they havent had supply problems. Wonder if because they treat employees and people better

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