Yum misses profit estimates as GrubHub stake bites; shares fall

October 30, 2019 admin Business News Comments Off on Yum misses profit estimates as GrubHub stake bites; shares fall

Pizza Hut and KFC parent Yum Brands Inc reported quarterly profit below market expectations on Wednesday, hurt by poor performance at GrubHub Inc , the food delivery platform the restaurant operator bought a stake in a year ago.

…read more

Source:: Reuters – Business News

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.