Yum! Brands Reports Second-Quarter Results; Significant Improvement from Early Quarter Lows with Strong Digital and Delivery Momentum; System Sales Decline of (12)% with a Same-Store Sales Decline of

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Yum! Brands (YUM) Tops Q2 EPS by 28c

July 30, 2020 7:02 AM EDT

Yum! Brands (NYSE: YUM) reported Q2 EPS of $0.82, $0.28 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.19 billion.

DAVID GIBBS COMMENTS

David Gibbs, CEO, said While second-quarter results were meaningfully impacted by COVID-19, I couldnt be prouder of how our brands adapted with remarkable agility, leveraging consumer insights and digitally enabled off-premise capabilities to adjust operations, menu... More