Multi-brand fast-food chain Yum! Brands (YUM) reported better-than-expected earnings for the second quarter as the continuing global expansion boosted sales. The company’s stock dropped following the announcement as its unimpressive comparable store performance triggered a selloff. Second-quarter earnings, excluding special items, increased 20% annually to $0.82 per share, exceeding Wall Street estimates. Reported net income … Continue reading Bleak comp sales adulterate Yum! Brands’ Q2 earnings beat as stock drops