Yum Brands misses sales, profit estimates as Pizza Hut battles rivals; shares drop

February 6, 2020 admin Business News Comments Off on Yum Brands misses sales, profit estimates as Pizza Hut battles rivals; shares drop

Yum Brands Inc shares fell 4.7% after it reported quarterly same-store sales and profit that missed analyst expectations on Thursday, as stiff competition took a bite out of sales at its Pizza Hut chain in the United States.

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Source:: Reuters – Business News