YUM! Brands, Inc. (YUM)

Why Yum! Brands (YUM) Shares Are Trading Lower Today

Shares of fast-food company Yum! Brands (NYSE:YUM) fell 6.5% in the pre-market session after the company reported first-quarter results with revenue missing analysts' expectations on lower-than-expected same-store sales. Management cited a "difficult operating environment". However, the company highlighted the focus on driving the top line as it opened 800 new units during the quarter, setting it on track to open 60,000 restaurants in 2024. Additionally, EPS missed Wall Street's estimates as wel