Yum! Brands Reports First-Quarter System Sales Decline of (3)% with a Same-Store Sales Decline of (7)% Offset by 4% Net-New Unit Growth; GAAP Operating Profit Decline of (42)%; Core Operating Profit D

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Go back to Yum! Brands Reports First-Quarter System Sales Decline of (3)% with a Same-Store Sales Decline of (7)% Offset by 4% Net-New Unit Growth; GAAP Operating Profit Decline of (42)%; Core Operating Profit D

Yum! Brands (YUM) Misses Q1 EPS by 1c

April 29, 2020 7:03 AM EDT

Yum! Brands (NYSE: YUM) reported Q1 EPS of $0.64, $0.01 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.2 billion.

Worldwide system sales excluding foreign currency translation declined (3)%, with 4% net-new units and (7)% same-store sales... More