Yum bullish on China recovery, Taco Bell breakfast

Yum bullish on China recovery, Taco Bell breakfast

The operator indicates that Pizza Hut is in need of a turnaround after “disappointing” second quarter.

Yum! Brands Inc.’s second quarter, in which its net income grew nearly 19 percent, showed mixed results across brands and across the world, with a “bounce back” underway in China, an encouraging start to breakfast for Taco Bell and the need for a new turnaround at Pizza Hut, particularly in the United States.

But during an earnings call with analysts, chief executive David Novak reiterated Yum’s confid

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