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0 -0.000913450559488448 0.000570906599680422 0.00331125827814577 0.00468143411737852 0.000913450559488611 -0.0102763187942452 -0.00639415391641914
Stock impact report

KFC parent Yum says April sales improving after virus hits Q1 [Reuters]

Yum! Brands, Inc. (YUM) 
Last yum! brands, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: yum.com/investors
Company Research Source: Reuters
KFC parent Yum says April sales improving after virus hits Q1 (Reuters) - Yum Brands Inc ( YUM.N ) said on Wednesday sales in April showed signs of improvement as stay-at-home consumers ordered in more and diners returned to restaurants after certain countries started to ease restrictions. The KFC and Pizza Hut operator said same-store sales fell 7% in the first quarter and deteriorated through March but were improving in April, with global sales trends picking up significantly across its brands in restaurants that are open. Restaurants across the globe have shifted to a delivery and take-away model as nationwide lockdowns spurred by the coronavirus pandemic keep diners at home. Digital sales played a major role during the health crisis as more consumers ordered in using the mobile apps of the restaurants. Yum Brands expects KFC’s digital sales to account for a quarter of the company’s annual sales. “All the trends in the restaurant industry are playing out at warp speed... It (digi Show less Read more
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