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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Yum Brands Inc | NYSE:YUM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -5.92 | -4.19% | 135.33 | 137.99 | 134.58 | 135.99 | 4,639,921 | 23:32:26 |
From May 2019 to May 2024
By Robert Barba
Yum! Brands reported a 12% decline in worldwide system sales in the latest quarter from a year earlier as the company contends with the effects of the Covid-19 pandemic.
The parent company of KFC, Pizza Hut and Taco Bell reported revenues of $1.2 billion, down 9% from $1.3 billion a year earlier.
Earnings were $206 million, or 67 cents a share, compared with $289 million, or 92 cents a share, a year earlier. Adjusted earnings were 82 cents a share. Analysts polled by FactSet were expecting adjusted earnings of 54 cents a share.
Digital orders reached $3.5 billion in the quarter, an increase of more than $1 billion from a year earlier, Chief Executive David Gibbs said in prepared remarks. He said 95% of its restaurants are now at least partially open.
Write to Robert Barba at robert.barba@wsj.com
(END) Dow Jones Newswires
July 30, 2020 07:41 ET (11:41 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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