Yum Brands earnings top estimates, fueled by Taco Bell's 8% same-store sales growth [MSNBC.com]
FactSet Research Systems Inc. (FDS)
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Source: MSNBC.com
Yum BrandsHere's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Yum reported first-quarter net income of $432 million, or $1.55 per share, up from $253 million, or 90 cents per share, a year earlier.Excluding charges related to its strategic review of Pizza Hut and other items, the company earned $1.50 per share.Net salesAcross Yum, global same-store sales rose 3%, driven by growth at Taco Bell, the gem of the company's portfolio.Taco Bell's same-store sales increased 8%, topping Wall Street's estimates of 5.6% growth, according to a survey by StreetAccount."Taco Bell delivered an outstanding 8% same-store sales growth, meaningfully ahead of the [quick-service restaurant] industry, building off a very strong Q1 same-store sales growth rate in 2025," Yum CEO Chris Turner said in a statement.KFC reported same-store sales growth of 2%, shy of the 2.5% increase projected by StreetAccount. While the fried chicken chain's intern
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