(Reuters) – Taco Bell parent Yum Brands Inc missed Wall Street estimates for quarterly comparable sales on Wednesday, as industry-wide supply chain shortfalls and staffing pressures bit into the company’s business.
The company, which also owns KFC and Pizza Hut chains, said comparable sales rose 3% in the first quarter, compared with analysts’ average estimate for a 3.8% increase.
(Reporting by Deborah Sophia in Bengaluru; Editing by Krishna Chandra Eluri)
