Yum Brands sees 2-3 percent same-store sales growth in 2019
Reuters
Published Dec 05, 2018 12:00PM ET
Yum Brands sees 2-3 percent same-store sales growth in 2019
(Reuters) - Yum Brands Inc (N:YUM) on Wednesday said it expects same-store sales growth in the range of 2 percent to 3 percent for fiscal 2019, betting on strong sales at its KFC and Taco Bell chains.
The Louisville, Kentucky-based company also forecast full-year system sales growth in the mid-to-high single digit range, adding that it was on track to deliver profit of $3.75 per share in 2019.
Analysts on average are expecting same-store sales growth of 2.25 percent and profit of $3.80 per share, according to IBES data from Refinitv.
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Written By: Reuters
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