Shares of KFC parent Yum Brands YUM.N down 1.7% at $144.50 premarket
Co misses expectations for Q2 comparable sales and profit on higher ingredient costs and muted demand that weighed on its businesses including Taco Bell
Yum's Q2 worldwide same-store sales rose 2% vs estimates of a 2.37% increase, while adjusted EPS of $1.44 missed expectations of $1.46 - data compiled by LSEG.
Up to last close, stock had fallen 9.6% YTD