Yum! Brands stock: Q3 beat meets Taco Bell setback
Published on 11/13/2026 at 01:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly results reshape the outlook
- Yum! Brands completed its Pizza Hut divestiture during the third quarter.
- Taco Bell same-store sales fell as a food-safety outbreak reduced traffic, while management reported improving trends afterward.
- KFC delivered modest same-store sales growth, with international markets supporting the brand.
Yum! Brands reported its third-quarter results on Tuesday, November 3, 2026, in figures covered by CNBC. Adjusted earnings per share came in at 1.56 US dollars, above the 1.49 US dollar analyst estimate cited by the broadcaster, while revenue reached 2.05 billion US dollars in line with expectations.
Yum! Brands stock traded at 144.13 euros on Lang & Schwarz at 11:00 p.m. CET on Thursday, November 12, 2026. The quote provides the latest market context, while the earnings figures point to a mixed operating picture rather than a broad-based acceleration.
Taco Bell absorbs food-safety impact
Taco Bell same-store sales declined 4 percent in the quarter after a cyclospora outbreak linked to iceberg lettuce weighed on customer traffic. Management said trends improved after the summer disruption, with same-store sales up about 1 percent in the early fourth quarter and up 3 percent over the latest four-week period cited on the earnings call.
KFC same-store sales increased 1 percent, supported by system-sales growth in China and Europe. KFC sales in the United States declined, highlighting the contrast between international expansion and pressure in the chain's home market.
Portfolio focus shifts after Pizza Hut
Yum! Brands completed the Pizza Hut divestiture during the quarter. The reported results include Pizza Hut through the closing dates, while the remaining portfolio is centered on KFC, Taco Bell and Habit Burger & Grill.
Global restaurant franchise platform
Yum! Brands develops and franchises restaurant brands, with KFC, Taco Bell and Habit Burger & Grill as its highlighted brands. The company says it works with franchise operators across more than 44,000 restaurants in 151 countries and territories. Its scale is global, while KFC's international business currently provides a stronger growth contribution than its US operation.
Yum! Brands market profile
- Company: Yum! Brands, Inc.
- ISIN: US9884981013
- Brands: KFC, Taco Bell and Habit Burger & Grill
- Restaurant network: More than 44,000 restaurants in 151 countries and territories
- Lang & Schwarz quote: 144.13 euros at 11:00 p.m. CET on Thursday, November 12, 2026
- Bid: 143.85 euros
- Ask: 144.40 euros
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