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Story summary
- CFO Ranjith Roy said Taco Bell’s sales, down 2% through July 27 after a lettuce-linked cyclospora outbreak, began recovering in ten days.
- The $1 burritos and $1 “Mexican pizza” promos drove the most app traffic and sign-ups.
- Yum Brands posted $853 million net income for the quarter ended June 30, up from $374 million a year earlier.
- Foot traffic dropped 30% in mid-July and stayed 20% below average on July 23 after lettuce removal.
