Yum Brands, which owns Taco Bell, KFC, and Pizza Hut, fell short of Wall Street's estimates for its fourth-quarter earnings.
Net sales rose 9% to $1.69 billion, topping expectations of $1.66 billion.
Vehicles wait in line at the drive through lane of a Yum! Brands Inc. Kentucky Fried Chicken and Taco Bell restaurant in Lockport, Illinois, U.S., on Tuesday, Feb. 5, 2019.on Thursday reported quarterly earnings that fell short of analysts' expectations.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.69 billion, vs. $1.
Excluding items, Yum earned $1.00 per share, missing the $1.13 per share expected by analysts surveyed by Refinitiv.
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