Yum misses profit estimates as GrubHub stake bites; shares fall

October 30, 2019 admin Business News Comments Off on Yum misses profit estimates as GrubHub stake bites; shares fall

Pizza Hut and KFC parent Yum Brands Inc reported quarterly profit below market expectations on Wednesday, hurt by poor performance at GrubHub Inc , the food delivery platform the restaurant operator bought a stake in a year ago.

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Source:: Reuters – Business News