Yum! Brands Reports Third-Quarter GAAP Operating Profit Decline of (14)%; Delivers Third-Quarter Core Operating Profit Growth of 2%; System Sales Growth of 5%

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Yum! Brands (YUM) Tops Q3 EPS by 21c, Revenue Beat

October 31, 2018 7:02 AM EDT

Yum! Brands (NYSE: YUM) reported Q3 EPS of $1.04, $0.21 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.38 billion.

Worldwide system sales excluding foreign currency translation grew 5%, with Taco Bell at 8%, KFC at 7%, and Pizza Hut flat.We opened 410 net new... More