• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Business

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

by
August 5, 2025
in Business
0
Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC reported U.S. same-store sales declines.

Here’s what the company reported for the period ended June 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

  • Earnings per share: $1.44 adjusted vs. $1.46 expected
  • Revenue: $1.93 billion vs. $1.94 billion expected

Yum reported second-quarter net income of $374 million, or $1.33 per share, up from $367 million, or $1.28 per share, a year earlier.

Excluding refranchising gains and other items, the company earned $1.44 per share.

Net sales climbed 10% to $1.93 billion. Digital transactions, which include mobile app, delivery and kiosk orders, accounted for 57% of the company’s system sales.

Yum’s same-store sales, which only tracks the metric at restaurants open at least 12 months, rose 2% during the quarter.

“I’m proud that Yum Brands delivered another strong quarter in a tough consumer environment,” CEO David Gibbs said on his final conference call before his retirement. CFO Chris Turner will succeed him as chief executive on Oct. 1.

For the second quarter, KFC reported same-store sales growth of 2%, lifted by its international restaurants. The fried chicken chain counts China as its biggest market.

But domestically, KFC’s struggles continue. Its U.S. same-store sales slid 5%. Last year, the chain dropped from the No. 3 chicken chain in the U.S. by sales to No. 5, falling behind Raising Cane’s and Wingstop.

Executives said Tuesday that KFC’s value messaging and new menu items haven’t resonated with consumers.

Yum has responded by shaking up the chain’s leadership; in March, Scott Mezvinsky took the reins as KFC’s CEO, and in April, Catherine Tan-Gillespie took over as president of KFC U.S.

Globally, Pizza Hut’s same-store sales fell 1%, hurt by weaker demand in its home market. Like KFC, Pizza Hut saw its U.S. same-store sales fall 5% during the quarter. The chain is facing increased competition from its rivals as many consumers dine out less often.

Gibbs said that Pizza Hut’s U.S. sales also faltered because of an “insufficient value message,” but the chain’s leadership is already addressing that with new promotions.

Taco Bell, the jewel of Yum’s portfolio, reported same-store sales growth of 4%, helped by the reintroduction of its Crispy Chicken Nuggets and the launch of new Crispy Chicken products.

Taco Bell’s chicken sales have climbed 50% over the last two years, according to Gibbs. The chain has also been gaining market share from fast-casual restaurants and fast-food rivals.

“Most people are reporting negative quarters. We haven’t even had a negative week for Taco Bell,” Gibbs said.

Still, Wall Street had higher expectations for Taco Bell. Analysts were projecting that the chain would report global same-store sales growth of 5.2%, based on StreetAccount estimates.

Taco Bell’s growing international business reported a same-store sales increase of 4% during the quarter.

Yum’s total restaurant count rose 3%, lifted by 871 location openings in the quarter. That growth was driven primarily by international KFC openings.

Tags: BrandsBreaking News: BusinessBusinessbusiness newsDividendsearningsestimatesHutKFCPizzaRestaurantsRetail industrystruggleUnited StatesYumYum! Brands Inc
Previous Post

China donates Rs. 400 mln in disaster relief equipment to Sri Lanka

Next Post

Sebi issues guidelines for MIIs to review penalty waiver requests

Next Post
Sebi issues guidelines for MIIs to review penalty waiver requests

Sebi issues guidelines for MIIs to review penalty waiver requests

Stay Connected test

  • 139 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Hawaii officials work to address mental health challenges facing wildfire survivors

Hawaii officials work to address mental health challenges facing wildfire survivors

August 17, 2023
Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

August 10, 2023
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

July 16, 2023
Gen Z is the worst at connecting with their grandparents, but building a better relationship could help fight loneliness. How to start

Gen Z is the worst at connecting with their grandparents, but building a better relationship could help fight loneliness. How to start

October 7, 2023
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record

Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record

August 5, 2025
Against The Grain: Analyst Targets 0K Bitcoin Price—When Will It Happen?

Against The Grain: Analyst Targets $300K Bitcoin Price—When Will It Happen?

August 5, 2025
Sebi issues guidelines for MIIs to review penalty waiver requests

Sebi issues guidelines for MIIs to review penalty waiver requests

August 5, 2025
Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

August 5, 2025

Recent News

Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record

Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record

August 5, 2025
Against The Grain: Analyst Targets 0K Bitcoin Price—When Will It Happen?

Against The Grain: Analyst Targets $300K Bitcoin Price—When Will It Happen?

August 5, 2025
Sebi issues guidelines for MIIs to review penalty waiver requests

Sebi issues guidelines for MIIs to review penalty waiver requests

August 5, 2025
Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

August 5, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record

Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record

August 5, 2025
Against The Grain: Analyst Targets 0K Bitcoin Price—When Will It Happen?

Against The Grain: Analyst Targets $300K Bitcoin Price—When Will It Happen?

August 5, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.