Yum! Brands Reports Steep Drop in Q1 Profit, But Stock Jumps
April 23, 2013 at 19:31 PM EDT
Yum! Brands (NYSE: YUM ), the operator of quick casual restaurant concepts KFC, Taco Bell and Pizza Hut, reported a steep drop in its fiscal first-quarter earnings results on Tuesday after the closing bell. Nevertheless, the company's earnings easily beat analysts' consensus estimates and the stock had added 6