Yum Brands beats earnings despite Taco Bell's cyclospora sales decline
Yum's Q3 revenue rose, but a parasitic outbreak tied to lettuce at Taco Bell drove same-store sales lower than expected.
What to know
- Yum Brands beat Q3 earnings estimates with higher revenue, but Taco Bell's same-store sales declined due to lingering cyclospora outbreak impact.
- The parasitic outbreak was tied to contaminated lettuce at Taco Bell locations and occurred over the summer, continuing to affect performance into Q3.
- The outbreak drove lower-than-expected customer traffic at Taco Bell despite the overall strength in Yum's financial results.
Yum! Brands Restaurant parent companyTaco Bell Restaurant chain subsidiary
How it unfolded 1 development · click the chart to see its coverage articlesposts
-
1
“Taco Bell's same-store sales declined as a Cyclospora outbreak tied to lettuce served at its restaurants weighed on traffic.”
— Yum Brands -
first by Reuters, 7d ago · also Nation’s Restaurant News, Quartz, CNBC, WSJ, Philadelphia Inquirer, AP News +5
6 more headlines
- Cyclospora outbreak weighed heavy on Taco Bell in Q3 Nation’s Restaurant News · 7d ago
- Yum! Brands posted higher revenue despite Taco Bell's cyclospora slump Quartz · 7d ago
- Yum Brands earnings beat estimates, but cyclospora outbreak weighs on Taco Bell CNBC · 7d ago
- Yum Revenue Rises Despite Taco Bell Cyclospora Outbreak Fallout WSJ US Business · 7d ago
- Taco Bell sales recover in the US after summer cyclospora outbreak Philadelphia Inquirer · 7d ago
- Taco Bell recovers after cyclospora outbreak: ‘Continuing to play offense’ AL.com · 6d ago
-
first by Bloomberg, 7d ago
-
A
Taco Bell's U.S. sales are climbing again after a cyclospora outbreak tied to the chain slowed visits over the summer.
2 more of the top 3 · 4 posts in this stretch
-
R
Taco Bell sales fall more than expected on cyclosporiasis outbreak hit
-
S
Taco Bell sales rebounded in October after an outbreak initially linked to lettuce hurt business, with value offerings helping drive its recovery.
-
-
background
Cyclospora outbreak linked to Taco Bell lettuce occurs — A parasitic outbreak was identified and tied to lettuce served at Taco Bell restaurants, occurring over the summer months.
