Tricon Global

(YUM) - Get Report

reported that March same-store sales were down 1%, while comparable sales were flat in the first quarter.

For the four-week period ended March 24, same-store sales increased 1% at

KFC

, were flat at

Pizza Hut

and declined 4% at

Taco Bell

.

Last month, Tricon, which

operates the restaurant chains, said U.S. same-store sales rose 1% for the four-week period ended Feb. 24.

Shares of Tricon, which is based in Louisville, Ky., gained $1.62, or 4.5%, to $37.95 in recent

New York Stock Exchange

trading.