International

Yum beats expectations

By Inside Retail Contributor
  Yum Brands Inc, owner of KFC, Pizza Hut and Taco Bell, says it’s made a profit of $US404 million ($A437.11 million) in the third quarter.The Louisville, Kentucky-based company on Tuesday said it had profit of US89 cents per share. Earnings, adjusted for non-recurring gains, were US87 cents per share.The results surpassed Wall Street expectations.The average estimate of analysts surveyed by Zacks Investment Research was for earnings of US86 cents per share. Yum posted revenue of $US3

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