Taco Bell owner's same-store sales tumble 7% in first three months of year

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Taco Bell owner's same-store sales tumble 7% in first three months of year
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People wear facial mask walking past a KFC restaurant, which has resumed its outdoor dining area.

For the COVID-19 epidemic situation is under control in China, most of shopping malls and stores are resuming business.on Wednesday reported that its first-quarter same-store sales fell 7% as the coronavirus pandemic weighed on Pizza Hut and KFC's sales.

Earnings per share: 64 cents, adjustedYum reported fiscal first-quarter net income of $83 million, or 27 cents per share, down from $262 million, or 83 cents per share, a year earlier.Wall Street anticipated earnings per share of 65 cents on revenue of $1.20 billion, based on a survey of analysts by Refinitiv.

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