Wall Street Watch Wednesday: Yum! Brands Is Delicious
Filed under: Alcoa, Wells Fargo & Co, Market News
Things are getting tastier at Yum! Brands (YUM).
The company behind Taco Bell, Pizza Hut, and KFC posted strong quarterly results after Tuesday’s market close.
Revenue climbed 9% to $3.6 billion. Improving restaurant margins and stock buybacks helped push adjusted earnings per share 19% higher. China was once again a major part of the Yum! Brands story, as the world’s most populous nation continues to take to the more than 4,000 KFC locations there.
The news was also encouraging closer to…
Wall Street Watch Wednesday: Yum! Brands Is Delicious originally appeared on DailyFinance.com on 2012-10-10T06:00:00Z.
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