© Reuters. Yum Brands logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) – Taco Bell parent Yum Brands Inc missed Wall Street estimates for quarterly comparable sales on Wednesday, as industry-wide supply chain shortfalls and staffing pressures bit into the company’s business.
The company, which also owns KFC and Pizza Hut chains, said comparable sales rose 3% in the first quarter, compared with analysts’ average estimate for a 3.8% increase.
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