Yum Brands falls short on revenue as Pizza Hut and KFC same-store sales fall

The restaurant company owns Taco Bell, KFC and Pizza Hut.

KFC and Pizza Hut both saw their same-store sales shrink.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Yum reported second-quarter net income of $367 million, or $1.28 per share, down from $418 million, or $1.46 per share, a year earlier.

rose 4% to $1.76 billion, fueled by new restaurant openings. Yum's same-store sales fell 1% in the quarter as both Pizza Hut and KFC reported same-store sales declines of 3%. KFC's U.S. restaurants continued to struggle, with domestic same-store sales shrinking 5%. And although the chicken chain's system sales picked up this quarter in China, its largest market, KFC's overall international same-store sales fell 3%.Taco Bell, the crown jewel of Yum's portfolio, saw its same-store sales increase 5% in the quarter. The chain's footprint is largely concentrated in the U.S.

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