Retail News

Higher costs take a bite out of Yum Brands’ earnings

Reuters 08/03/2022

Yum Brands has raised the price of menu items at its KFC, Pizza Hut and Taco Bell chains but not enough to offset a four percent increase in costs. Total company comp sales were up one percent with Taco Bell posting an eight percent increase and KFC and Pizza Hut registering declines.

Source: Reuters



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