weigh

Yum Brands misses estimates as Russian exit, foreign exchange weigh heavily on sales

Editor’s Note: This post is breaking and will be updated Yum Brands (YUM), the parent company of KFC, Taco Bell and Pizza Hut, reported fiscal second quarter earnings that missed expectations as China lockdowns and an exit from Russia weighed on sales, in addition to macroeconomic pressures like inflation and foreign exchange. Here are Yum …

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Yum Brands reports stronger sales for Taco Bell, but China lockdowns weigh on KFC

A woman walks past a Taco Bell Cantina on July 30, 2020 in New York City. Alexi Rosenfeld | Getty Images Yum Brands on Wednesday reported mixed quarterly results as Covid lockdowns in China weighed on KFC’s and Pizza Hut’s sales. Taco Bell, however, reported stronger same-store sales growth in the U.S., fueled by higher …

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Wall Street falls on rising U.S.-China tensions, Caterpillar shares weigh

Speaker Nancy Pelosi expected in Taipei later today Caterpillar falls after missing sales estimates Uber gains after reporting positive cash flow Indexes down: Dow 0.92%, S&P 0.61%, Nasdaq 0.45% Aug 2 (Reuters) – Wall Street’s major indexes fell on Tuesday on concerns over rising U.S.-China tensions ahead of the arrival of U.S. House of Representatives …

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