Taco Bell parent Yum Brands misses quarterly sales estimates -Breaking
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© Reuters. In this illustration from May 3, 2022, Yum Brands is displayed. REUTERS/Dado Ruvic/Illustration(Reuters) – Wall Street forecasts for Q3 comparable sales by Taco Bell’s parent Yum Brands Inc were not met on Wednesday due to industry supply chain shortages and employee pressures.
This company also holds KFC, Pizza Hut and other chains. It reported comparable sales rising 3% in the quarter compared to an average analyst estimate of 3.8%.
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