Yum Brands posts Q3 above estimates, explores options for Pizza Hut

Yum! Brands

04/11/2025 15:10

Update

** Shares of KFC parent Yum Brands YUM.N up about 5% at $144.55 in early trading

** YUM beats Q3 same-store sales and profit estimates, helped by strong demand for its value-deal meals

** Co announces strategic review of its Pizza Hut brand as it struggles to compete with other fast-food chains

** "Pizza Hut's performance indicates the need to take additional action to help the brand realize its full value, which may be better executed outside of Yum Brands," the company's new CEO, Chris Turner, said in a statement.

** Q3 same-store sales grew 3%, beating analysts' estimate of 2.68% - data compiled by LSEG

** Quarterly adjusted profit per share of $1.58 vs estimates of $1.49

** Taco Bell U.S. same-store sales grew 7%, while KFC International same-store sales grew 3%

** As of last close, stock up ~4% YTD

(Reporting by Koyena Das in Bengaluru)

((koyena.das@thomsonreuters.com))