Taco Bell's same-store sales spiked 7% in the quarter, topping Wall Street expectations of 5.6% growth, according to StreetAccount.
The Mexican-inspired chain is the gem of Yum's portfolio, regularly outperforming the broader fast-food industry, thanks to a mix of value offerings and buzzy menu items. The chain is stealing market share from competitors, and consumers aged 18 to 24 years old are flocking to its restaurants, Yum CEO Chris Turner said on the company's conference call.
by tucker49ers