May 1, 2024, 1:09 PM
May 1, 2024, 11:00 AM
Yum Brands sees unexpected decline in global same-store sales due to weak demand
- Yum Brands, the parent company of KFC, reported a surprise drop in global same-store sales.
- Total revenue fell by nearly 3% to $1.60 billion in the first quarter of the year.
- Despite the decline, CEO David Gibbs remains optimistic about the company's future growth.
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