Yum Brands shares fall after weaker same-store sales at Taco Bell

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Greg Creed, CEO, Yum Brands

Scott Mlyn | CNBC

Yum Brands reported first-quarter earnings Wednesday that beat Wall Street’s expectations, but weak same store-sales growth at Taco Bell and Pizza Hut disappointed investors.

The company shares rose less than 1% in premarket trading before reversing those gains and dropping by more than 2%.

“First-quarter results were a solid start to the year, reflecting particular strength at the KFC division and Taco Bell U.S.,” CEO Greg…



Source cnbc.com

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