Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint

Yum Brands reported lower-than-expected quarterly earnings and revenue, with declines in same-store sales at KFC and Pizza Hut overshadowing modest gains at Taco Bell. The company's digital sales exceeded 50% for the first time, despite a 3% drop in overall net sales to $1.6 billion. Shares fell over 4% in premarket trading as earnings per share and revenue missed Wall Street forecasts.