Yum Brands gets a lift as KFC's cheaper options draw more customers

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Yum! Brands (YUM) slides despite profit beat

August 2, 2023 8:56 AM EDT

Yum! Brands (NYSE: YUM) shares are down premarket Wednesday despite topping second-quarter earnings expectations.

The fast food company, which owns the likes of KFC and Taco Bell, reported earnings of $1.41 per share, $0.17 better than the analyst consensus estimate of $1.24.

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