10:54 AM EDT, 08/05/2025 (MT Newswires) -- Yum Brands' ( YUM ) second-quarter results fell short of Wall Street's estimates as a weak US consumer environment drove comparable sales declines at KFC ( YUM ) and Pizza Hut.

Adjusted per-share earnings rose to $1.44 from $1.35 a year earlier, compared with the FactSet-polled consensus of $1.46. Revenue grew 10% to $1.93 billion, missing the Street's $1.94 billion view.

US same-store sales fell 5% each at KFC ( YUM ) and Pizza Hut. Worldwide growth clocked in at 2%, trailing analysts' expected increase of 2.3%.

Yum Brands' ( YUM ) stock was down 2% in Tuesday trade.

Chief Executive David Gibbs described the consumer environment as "tough" on a call with analysts. He acknowledged that challenges in the second quarter were driven in part by softer consumer sentiment, according to a FactSet transcript.

In June, the company announced the appointment of Chief Financial Officer Chris Turner as CEO, effective Oct. 1, succeeding Gibbs, who is retiring.

"The global operating environment remains dynamic and complex," Turner told analysts. "While there are no observable impact to our development pipelines, we are expecting inflation pressures across several key building products sourced from Mexico and Canada."

The White House on Thursday issued a list of new reciprocal tariff rates, ranging from 10% to 41%, on different countries. The US recently reached deals with the European Union, Japan, the Philippines and Indonesia.

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