Consumer Discretionary

Yum! Brands’ (NYSE:YUM) Q1 Adjusted Earnings, Revenue Rise

Yum! Brands (NYSE:YUM) reported Q1 adjusted earnings  of $1.06 per diluted share, up from $1.05 a year earlier. Analysts polled by Capital IQ expected $1.13. Revenue for the quarter ended March 31 was $1.65 billion, compared with $1.55 billion a year earlier. Analysts surveyed by Capital IQ expected $1.62 billion. The restaurant chain operator reported same-store sales growth of 8% year over year. Analysts polled by Capital IQ expected 4.9%.

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