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Profit at the company that runs Pizza Hut, Taco Bell and KFC restaurants more than tripled during the first quarter and same-store sales surged as coronavirus restrictions began to lift this year.
Yum Brands earned 326 million dollars (£234 million) for the period ending March 31, which last year was marked by exploding Covid-19 infections in the US.
In that three-month stretch last year, the company’s profit fell to 83 million dollars (£60 million), compared with 262 million dollars (£188 million) in the same three months in 2019.
Yum Brands runs Taco Bell (PA)
So the bounceback for the company’s restaurants was better than pre-pandemic levels.