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Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

By NBC News   |   1 month ago
Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

Yum Brands missed revenue expectations due to declining same-store sales at KFC and Pizza Hut. Yum raised its long-term growth targets for 2022. Taco Bell saw a 4% growth while KFC and Pizza Hut faced declines, attributing to geopolitical conflicts and consumer sentiment challenges.

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