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Stock impact report

UPDATE 1-KFC operator Yum's same-store sales, profit as lockdowns bite [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 operator Yum's first-quarter profit falls 68.3% (Reuters) - Yum Brands Inc ( YUM.N ) reported a 68.3% fall in quarterly profit on Wednesday, as many restaurants across its four brands were closed or limited to delivery and take-away due to lockdowns to curb the rapid spread of the novel coronavirus. Yum, which operates KFC, Taco Bell and Pizza Hut, said net income fell to $83 million, or 27 cents per share, for the first quarter ended March 31 from $262 million, or 83 cents per share, a year earlier. Same-store sales fell 7% for the quarter. Analysts had forecast a 6.94% fall, according to IBES data from Refinitiv. Show less Read more
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