Yum Brands Q2 Sales $1.69B Miss $1.75B Estimate
Portfolio Pulse from Benzinga Newsdesk
Yum Brands reported Q2 sales of $1.69 billion, missing the estimated $1.75 billion.
August 04, 2023 | 10:56 am
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NEGATIVE IMPACT
Yum Brands' Q2 sales were lower than expected, which could negatively impact the stock price in the short term.
Yum Brands' Q2 sales were lower than the market's expectations. This could lead to a negative sentiment among investors, potentially causing a short-term drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100