Yum Brands ties mixed Q2 to sales slip, Mideast tensions

In this article:

Yum! Brands (YUM) shares are climbing despite reporting mixed second quarter results. While the KFC and Taco Bell parent missed revenue expectations and saw same-store sales drop in those chains, its earnings topped analyst forecasts. Yum! Brands attributed the weakness to a softening consumer spending environment and Middle East tensions.

Catalysts co-hosts Seana Smith and Madison Mills break down the details.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Angel Smith

Advertisement