Yum Brands Inc

YUM: XNYS (USA)
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Yum Brands Earnings: Expectations Met on Mixed Divisional Results; Shares Fairly Valued

Yum had 12% revenue growth, 8% non-GAAP operating profit growth, and $1.30 in non-GAAP earnings per share (up from $1.15) in the first quarter. The main drivers were comparable sales growth of 9%, 3%, and 3% at Taco Bell US, Taco Bell International, and KFC International, respectively.

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