Yum! Brands (YUM), the parent company of Taco Bell, Pizza Hut and KFC, reported first-quarter results that were about in line with expectations with same-store sales that topped views.
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Earnings excluding special items fell to $0.82 a share from $0.90 a share previously, in line with the consensus on Capital IQ. Total revenue fell 9% to $1.25 billion, almost meeting the Street’s views.