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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Taco Bell, KFC Power Yum Brands Growth; Pizza Hut Under Review

YUM Pizza Hut Taco Bell Yum Brands KFC United States
San,Jose,,Ca,,Usa,-,July,11,,2022:,View,Inside

Yum! Brands, Inc. (NYSE:YUM) shares rose on Tuesday after the fast-food giant topped third-quarter estimates and unveiled major strategic moves, including a review of its Pizza Hut business and U.S. expansion plans for Taco Bell.

The company reported third-quarter adjusted earnings per share of $1.58, beating the analyst consensus estimate of $1.49.

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