Yum Brands Stock Falls After Q1 Miss, Pizza Hut and KFC Struggle

Yum Brands, the parent company of Taco Bell, KFC, and Pizza Hut, reported disappointing quarterly earnings and revenue that missed analysts’ expectations. Pizza Hut and KFC saw a decline in same-store sales, leading to a 4% drop in the company’s shares. Taco Bell was the only brand to report positive same-store sales growth, with its Mexican-inspired cuisine continuing to resonate with customers. Yum’s digital business was also a bright spot, with digital sales accounting for more than 50% of total sales for the first time.

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