Veytics Intelligence
2026-11-03 · CNBC

Yum Brands earnings beat estimates, but cyclospora outbreak weighs on Taco Bell

Yum Brands on Tuesday reported earnings that beat expectations, but a cyclospora outbreak linked to iceberg lettuce at Taco Bell weighed on the company's same-store sales growth. However, Yum said Taco Bell, which the company considers a "growth engine" for its business, has since rebounded. "Since the end of September, Taco Bell U.S. has been outpacing the [quick-service restaurant] industry on same-store sales growth," Yum CEO Chris Turner said in a statement. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Yum reported fiscal third-quarter net income of $1.62 billion, or $5.92 per share, up from $397 million, or $1.41 per share, a year earlier.

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