Yum! Brands Reports Third-Quarter Revenue of $2.05 Billion and EPS of $5.92
Revenue rose 4% year over year, while net income increased, including a $1.7 billion pre-tax gain from the Pizza Hut divestitures. Excluding Pizza Hut results in both years, core operating profit grew 1%; Taco Bell performance was pressured by a food safety issue.
Yum! Brands’ third-quarter revenue rose 4% year over year, while net income increased, reflecting a $1.7 billion pre-tax gain from the Pizza Hut divestitures. Excluding Pizza Hut results for both years, core operating profit grew 1%; Taco Bell performance was pressured by a food safety issue and lo…