BUSINESSQUARTZ
Yum Brands beat profit expectations but stayed silent on Taco Bell's outbreak-hit sales
Yum Brands reported adjusted earnings per share of $1.62, exceeding analysts' estimates. The results, however, predate the ongoing foodborne illness crisis affecting Taco Bell's sales, which the company did not address.
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Adjacent reporting
- Cyclospora outbreak tied to Taco Bell will steal the spotlight from Yum Brands' earnings
- Yum Brands reports mixed results but gives no update on Taco Bell cyclospora outbreak
- Can Taco Bell restore consumer confidence following outbreak?
- Taco Bell launches $1 deal as questions over lettuce hurt foot traffic
- The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don't expect a long-term impact