02 AUG

Yum Brands comp sales fall short as Pizza Hut and Taco Bell disappoint (YUM)

AP/Wilfredo Lee

Yum Brands beat on both the top and bottom lines.
Same-store sales at Pizza Hut and Taco Bell fell short of estimates.

(Reuters) – Yum Brands Inc’s quarterly sales at established outlets fell short of Wall Street estimates on Thursday, as fewer customers dined at its Pizza Hut and Taco Bell chains.

Sales at Yum’s worldwide restaurants open for at least a year rose 1 percent, missing analysts’ average estimate of a 1.92 percent rise, according to Thomson Reuters I/B/E/S.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.