Taco Bell parent Yum Brands tops earnings estimates fueled by U.S. sales growth

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

United States News News

United States United States Latest News,United States United States Headlines

Yum Brands on Wednesday reported quarterly earnings that crushed analysts' expectations as U.S. consumers returned to its restaurants.

on Wednesday reported quarterly earnings that crushed analysts' expectations as U.S. consumers returned to its restaurants.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.49 billion vs. $1.45 billion expected

The company reported fiscal first-quarter net income rose to $326 million, or $1.07 per share, from $83 million, or 27 cents per share, a year earlier. Excluding items, Yum earned $1.07 per share, topping the 87 cents per share expected by analysts surveyed by Refinitiv.

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 US
 

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

🇧🇷👏👏👏🇧🇷🇧🇷PR Bolsonaro creates a program to support the reintegration of Brazilian Indians to agricultural development and production on an industrial scale, the Indians thanking the Federal Government for their initiative.

United States United States Latest News, United States United States Headlines