Yum Brands Beats Profit Estimates, Silent on Taco Bell Outbreak Impact
Yum! Brands reported second-quarter results that exceeded profit expectations but missed revenue targets. The company did not address the impact of a cyclospora outbreak on Taco Bell sales since mid-July.
Key facts
- Yum! Brands reported Q2 results on Thursday.
- Profit exceeded expectations.
- Revenue fell short of expectations.
- No commentary on cyclospora outbreak impact on Taco Bell.
- Outbreak began in mid-July.
Entities
Institutions
- Yum! Brands
- Taco Bell
Sources
- Quartz —