Taco Bell Parent Yum Brands Serves Mixed Earnings, Teams Up With Grubhub

Fast food giant Yum Brands (YUM) beat earnings estimates but missed expectations on sales in its Q4 earnings report Thursday. Meanwhile, the parent of Taco Bell, KFC and Pizza announced a partnership with online food delivery firm Grubhub (GRUB).

X Yum Brands earned 96 cents per shares, a 25% jump vs. a year earlier. That easily beat estimates for 80 cents  according to Zacks Investment Research.

Revenue fell 22% vs. a year earlier to $1.577 billion. That largely reflects franchising...

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