Yum! Brands, Inc. (YUM) reported that its second-quarter net income increased to $331 million or $0.69 per share, from $316 million or $0.65 per share in the same quarter last year.
Earnings per share before special items were $0.67, up from $0.66 last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.70 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter rose to $3.168 billion from $2.816 billion in the prior year quarter. Eighteen analysts had consensus revenue estimate of $3.12 billion for the quarter.
The company reconfirmed its full-year earnings per share growth forecast of at least 12%, or at least $3.22, excluding Special Items. Analysts expect the company to report earnings of $3.31 per share for fiscal 2012.
The company also raises new-unit forecast to a record 1,700 new international units for the year, including at least 700 new units in China.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.