Yum cautions co could see continuation of soft sales, unit contraction throughout 2020 in pizza hut u.s. business

Yum brands ceo - "we know that some of our franchisees' economics are pressured, particularly in higher-wage markets "- conf call.yum brands - kfc u.s. same-store sales down 1% in q3, hurt by temporary loss of momentum with cheetos sandwich promotion.yum brands - kfc india same-store sales up 7% driven by promotion of zinger burger, savings bucket; australia same-store sales up 8%.yum brands - kfc beyond nuggets, beyond boneless wings launch results "very positive"; sold out in 5 hours, generated $2 billion worth media impressions.yum brands - kfc u.s. continues to partner with grubhub to add locations for delivery and click-and-collect.yum brands exec- "we caution we could see a continuation of soft sales and unit contraction throughout 2020 in the pizza hut u.s. business".
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