By: Benzinga
Yum! Brands Reports Steep Drop in Q1 Profit, But Stock Jumps
Yum! Brands (NYSE: YUM ), the operator of quick casual restaurant concepts KFC, Taco Bell and Pizza Hut, reported a steep drop in its fiscal first-quarter earnings results on Tuesday after the closing bell. Nevertheless, the company's earnings easily beat analysts' consensus estimates and the stock had added 6
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