News > Online Push Helps KFC Parent Yum Beat Revenue, Profit Estimates

Online Push Helps KFC Parent Yum Beat Revenue, Profit Estimates

Dais Newsfeed | 04/02/2021 10:19 PM | Click to read full article

Yum Brands Inc beat quarterly estimates for revenue and profit on Thursday as online demand for tacos, pizzas and fried chicken from Americans surged, helping cushion weak sales in certain markets due to renewed pandemic-related curbs.

Digital sales for the KFC owner jumped 45% to a record high of $17 billion in 2020. KFC and Pizza Hut divisions posted same-store sales growth of 8% each in the United States, partly offsetting declines of at least 4% each in their international markets.