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Yum Brands posted adjusted EPS of $1.56, beating the $1.49 expected, with revenue of $2.05 billion in line with forecasts. However, a cyclospora outbreak linked to iceberg lettuce cut Taco Bell U.S. same-store sales by 4% as diners temporarily pulled back, though CEO Chris Turner said the brand has outpaced the quick-service industry since late September. Excluding Pizza Hut, which Yum divested during the quarter (the China business sold to Yum China on Aug. 7 and the rest to LongRange Capital on Sept. 1), same-store sales were flat. KFC same-store sales rose 1% on growth in China and Europe, while U.S. system sales fell 6%.
- Why Wingstop Stock Keeps Going Up
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- Why Chipotle Stock Popped Today
Chipotle Mexican Grill (CMG) shares rose 8.88% after CEO Scott Boatwright said the plan to reinvigorate growth was working. Third-quarter revenue rose 9.6% year over year to $3.3 billion, with 84 company-owned openings and five international partner-operated locations bringing the total to more than 4,200 restaurants as of Sept. 30. Comparable restaurant sales grew 2.1%, and digital sales rose to 38.8% of food and beverage revenue from 36.7% a year earlier. Restaurant-level operating margin fell to 23.3% from 24.5% despite menu price increases to offset higher beef, freight and labor costs, while adjusted net income was $344.6 million, or $0.27 per share. For 2027, Chipotle plans 340 to 360 openings in the U.S. and Canada and 15 to 25 in other international markets.
- Chipotle expects modestly higher sales this year as drive-thru 'Chipotlanes' come to more stores
Chipotle expects modestly higher sales this year as drive-thru “Chipotlanes” expand to more stores. The fast-casual chain said menu-price increases helped its results. It also flagged rising beef costs and “higher protein usage” as customers look for ways to add more protein to their diets.
- Chipotle Mexican Grill is about to report earnings. Here's what to expect
Chipotle Mexican Grill reports quarterly earnings after the bell on Wednesday. Based on LSEG analysts, the company is expected to post earnings of 29 cents per share and revenue of $3.29 billion, while StreetAccount estimates same-store sales growth of 1.5%. The article says Chipotle appears to have fully rebounded from a weak 2025, when traffic and same-store sales fell. Its shares have fallen nearly 22% this year, bringing market cap to about $36 billion, and Semafor reported the company hired advisors to defend against activist investors or an unwanted takeover.
- Wingstop Inc. Q3 2026 Earnings Call Summary
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