Consumer

Yum Sales Miss Estimates on Slower Growth at Taco Bell, KFC

A Taco Bell restaurant in New York.Photographer: Michael Nagle/Bloomberg

Yum! Brands Inc.’s sales rose less than expected in the latest quarter after growth at Taco Bell and KFC was weaker than anticipated.

Sales at established restaurants rose 2% from a year ago, the company said Tuesday, slightly below the average of analyst estimates. Slower growth at Taco Bell, which has helped power the company’s results in recent quarters with buzzy offerings and low prices, contributed to the miss.