Yum Brands (YUM) Q2 2022 earnings


A girl walks previous a Taco Bell Cantina on July 30, 2020 in New York Metropolis.

Alexi Rosenfeld | Getty Photographs

Yum Brands on Wednesday reported blended quarterly outcomes, however stated Taco Bell had stronger gross sales.

Shares of the corporate rose practically 2% in premarket buying and selling.

This is what the corporate reported in contrast with what Wall Road was anticipating, based mostly on a survey of analysts by Refinitiv:

  • Earnings per share: $1.05 adjusted vs. $1.09 anticipated
  • Income: $1.64 billion, assembly expectations

Yum reported second-quarter web revenue of $224 million, or 77 cents per share, down from $391 million, or $1.29 per share, a 12 months earlier.

Excluding gadgets, the restaurant firm earned $1.05 per share.

Internet gross sales rose 2% to $1.64 billion.

Source link


Please enter your comment!
Please enter your name here