Yum Brands says 1Q profit falls 14 percent mainly on stronger dollar

LOUISVILLE, Ky. — Restaurant operator Yum Brands Inc.’s growth in China continued strong in the first quarter, but the company’s profit fell 14 percent, it said Wednesday, because the stronger dollar cut into overseas revenue.

Yum Brands says 1Q profit falls 14 percent mainly on stronger dollar

LOUISVILLE, Ky. — Restaurant operator Yum Brands Inc. reported a 14 percent drop in first-quarter profit Wednesday as a stronger dollar cut into overseas profits, offsetting continued growth in China.

Yum Brands, operator of Taco Bell, KFC, says 1Q profit falls 14 percent on slump in US sales

LOUISVILLE, Ky. — Restaurant operator Yum Brands Inc. says its first-quarter profit fell 14 percent as slumping U.S. sales could not be offset by growth in China.