Yum! Brands (YUM) Misses Q1 EPS by 7c

Go back to Yum! Brands (YUM) Misses Q1 EPS by 7c

Yum! Brands (YUM) slides as FX headwinds weigh on operating porift

May 3, 2023 8:39 AM EDT

Yum! Brands (NYSE: YUM) shares tumbled Wednesday after missing first-quarter profit expectations.

The KFC, Pizza Hut, and Taco Bell owner reported Q1 adjusted EPS of $1.06, $0.07 worse than the analyst estimate of $1.13 and 23% below Q1 2022. In addition, the company's FX headwinds unfavorably impacted YUM's divisional... More