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YUM Yum Brands Inc

135.07
-0.26 (-0.19%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  -0.26 -0.19% 135.07 136.61 134.765 135.50 2,424,473 01:00:00

Yum! Brands Reports FX Gains at KFC, Pizza Hut Units -- Currency Comment

29/07/2021 5:18pm

Dow Jones News


Yum Brands (NYSE:YUM)
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By Paulo Trevisani

 

Yum! Brands, Inc. said Thursday that foreign currency translations upped operating profit in some of its KFC and Pizza Hut divisions in the second quarter.

The company said forex conversions boosted KFC's operating profit by $23 billion and Pizza Hut's by $4 billion.

The Louisville, Ky., company reported that worldwide system sales excluding foreign currency translation grew 26% in the quarter ended June 30 compared to a year earlier.

The WSJ Dollar Index declined 0.7% over the second quarter.

 

Write to Paulo Trevisani at paulo.trevisani@wsj.com

 

(END) Dow Jones Newswires

July 29, 2021 12:10 ET (16:10 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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