Yum Brands (YUM) Q2 2022 earnings

A woman walks past the Taco Bell Cantina on July 30, 2020 in New York City.

Alexi Rosenfeld | beautiful pictures

Brand Yum on Wednesday reported mixed quarterly results, but said Taco Bell had higher sales.

The company’s shares rose nearly 2% in pre-market trading.

Here’s what the company reported versus what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: $1.05 adjusted versus $1.09 expected
  • Revenue: $1.64 billion, meeting expectations

Yum reported second-quarter net income of $224 million, or 77 cents per share, down from $391 million, or $1.29 per share, a year earlier.

Excluding items, the restaurant company earned $1.05 per share.

Sales network increased 2% to 1.64 billion USD.

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