**Yum! Brands' Q3 2026 worldwide same-restaurant sales face pressure from Taco Bell weakness, with recent broker revisions centering expectations near flat to modestly negative growth.** Jefferies lowered its Taco Bell same-store sales forecast to a 2% decline for the quarter after slower-than-expected recovery from a July Cyclospora outbreak tied to lettuce, while maintaining KFC comps around +1.8%. The completed Pizza Hut divestiture removes a drag from the prior base but narrows the portfolio to Taco Bell and KFC, where international expansion supports KFC unit growth and system sales. Analyst consensus points to challenging U.S. quick-service trends overall, with earnings scheduled for November 3. Market-implied probabilities reflect this balance, assigning the highest weight to the -0.5% to 0.5% band amid uncertainty over traffic recovery and competitive dynamics.