Yum! Brands Misses on Top Line in Q2, Beats on Bottom

Yum! Brands (YUM) - Get Report  posted earnings of $0.75 a share on sales of $3.01 billion in the second quarter. Analysts were looking for $0.74 a share on sales of $3.09 billion. Last year, Yum! earned $0.69 a share on sales of $3.1 billion in its second quarter.  As for details, Yum! said KFC China delivered better-than-expected same-store sales growth of three percent. That's the fourth-consecutive quarter of positive same-store sales growth at KFC China. They also opened 373 new restaurants worldwide. 72 percent of Yum!'s international development occurred in emerging markets. TheStreet's Gregg Greenberg has details from Wall Street.