Yum! Q1 Beats on Earnings, Misses on Sales

Yum! Brands (YUM) - Get Report posted earnings of $0.95 a share on revenue of $2.62 billion. Analysts were looking for $0.83 a share on sales of $2.66 billion. As for details, Yum! saw worldwide same-store sales up two percent, with core operating growth of 42 percent in its China business. Back home, Yum's Pizza Hut business delivered five percent same store sales growth. TheStreet's Gregg Greenberg has details from Wall Street.