Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

Piotr Swat | Lightrocket | Getty Images

Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC reported U.S. same-store sales declines.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

Earnings per share: $1.44 adjusted vs. $1.46 expected
Revenue: $1.93 billion vs. $1.94 billion expected

Yum reported second-quarter net income of $374 million, or $1.33 per share, up from $367 million, or $1.28 per share, a year earlier.

Excluding refranchising gains and other items, the company earned $1.44 per share.

Net sales climbed 10% to $1.93 billion.

This story is developing. Please check back for updates.

Source

Business

Yum Brands is cooking up more than fast food. It’s preparing the industry’s next CEOs

August 5, 2025

Customers walk out of a Taco Bell and Pizza Hut restaurant during lunchtime in Los Angeles, California. Kevork Djansezian | Getty Images Looking for the next CEO for your restaurant chain? Try mining the ranks at Yum Brands. The restaurant conglomerate, which owns Pizza Hut, KFC and Taco Bell and reported quarterly results Tuesday, has […]

Business

AI is already impacting the labor market, starting with young tech workers, Goldman economist says

August 5, 2025

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to […]

Roku launches ad-free streaming service, Howdy, for .99 a month

Business

Roku launches ad-free streaming service, Howdy, for $2.99 a month

August 5, 2025

A Roku remote in an arranged photograph in Hastings-on-Hudson, New York, on May 2, 2021. Bloomberg |Getty Images Roku announced Tuesday it’s launched Howdy, a commercial-free streaming service that costs $2.99 a month, in a shift for the company that’s long been know for free, ad-supported viewing. The streaming platform is expected to feature 10,000 […]