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Yum! Brands earnings preview: Taco Bell and KFC are expected to lead Q1 sales growth

News Snapshot:

Yum! Brands (YUM), which operates KFC, Pizza Hut, Taco Bell, and Habit Burger Grill, is expected to post fiscal Q1 earnings results Wednesday before market open. Wall Street expects the results to show that Taco Bell will be one of the leaders in sales growth with an estimated same-store increase of 6.39% as consumers looked to get more for their dining dollar. The KFC brand is expected to show similar growth, a touch higher even, with an estimated increase of 6.74%, as China's recovery from the COVID-19 pandemic gets underway. Here's what the Street expects from YUM! Brands, per Bloomberg…

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