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A lady walks previous a Taco Bell Cantina on July 30, 2020 in New York Metropolis.
Alexi Rosenfeld | Getty Photographs
Yum Manufacturers on Wednesday reported blended quarterly outcomes, however mentioned Taco Bell had stronger gross sales.
Shares of the corporate rose almost 2% in premarket buying and selling.
Here is what the corporate reported in contrast with what Wall Road was anticipating, based mostly on a survey of analysts by Refinitiv:
- Earnings per share: $1.05 adjusted vs. $1.09 anticipated
- Income: $1.64 billion, assembly expectations
Yum reported second-quarter web revenue of $224 million, or 77 cents per share, down from $391 million, or $1.29 per share, a 12 months earlier.
Excluding gadgets, the restaurant firm earned $1.05 per share.
Internet gross sales rose 2% to $1.64 billion.
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