- 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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