Free Subscription

  • Access 15 free news articles each month

Professional

Try one month for $7
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events
×

Yum beats expectations

  Yum Brands Inc, owner of KFC, Pizza Hut and Taco Bell, says it’s made a profit of $US404 million ($A437.11 million) in the third quarter.The Louisville, Kentucky-based company on Tuesday said it had profit of US89 cents per share. Earnings, adjusted for non-recurring gains, were US87 cents per share.The results surpassed Wall Street expectations.The average estimate of analysts surveyed by Zacks Investment Research was for earnings of US86 cents per share. Yum posted revenue of $US3