- Yum! Brands (YUM) Q3 worldwide same-restaurant sales growth <-0.5%?17¢17%
- Yum! Brands (YUM) Q3 worldwide same-restaurant sales growth -0.5% to 0.5%?43¢43%
- Yum! Brands (YUM) Q3 worldwide same-restaurant sales growth 0.5% to 1.5%?30¢30%
- Yum! Brands (YUM) Q3 worldwide same-restaurant sales growth 1.5% to 2.5%?6¢6%
- Yum! Brands (YUM) Q3 worldwide same-restaurant sales growth 2.5%+?8¢8%
Recent analyst revisions citing slower Taco Bell recovery have anchored trader sentiment around flat-to-modest Q3 worldwide same-restaurant sales growth for Yum! Brands. Jefferies lowered its Taco Bell comp forecast to a 2% decline for the quarter, citing delayed traffic rebound after earlier industry issues, while maintaining KFC expectations near 1.8%. The pending Pizza Hut divestiture, which posted negative comps in prior periods, further complicates the worldwide figure by removing a drag on the aggregate. These crosscurrents, combined with broader QSR traffic softness and the November 3 earnings release, explain the market’s wide dispersion, with the highest-implied probability on the -0.5% to 0.5% band.
Rules
This market will resolve according to Yum! Brands' worldwide same-restaurant sales growth (year-over-year) for the upcoming third fiscal quarter, as reported in its official company earnings materials. The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered. If the specified company's official earnings materials for the specified quarter are released, and the specified metric is not included, this market will resolve to the lowest bracket. If the specified company does not release quarterly earnings materials for the specified quarter by December 31, 2026, 11:59 PM ET, this market will resolve to the lowest bracket. If the reported value falls exactly between two brackets, this market will resolve to the higher range bracket. If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market. The resolution source for this market is the specified company's official earnings materials, including press releases, investor presentations, and regulatory filings. If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used. Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Only the specified metric will be considered; alternate versions that differ in definition or scope from the specified metric will not be considered.