Yum Brands missed analysts' estimates for the second quarter on Tuesday, hit by higher ingredient costs and muted demand that weighed on its businesses, including Taco Bell, sending its shares down 4%.

Yum Brands logged higher profit and sales in its latest quarter, driven by growth at its KFC and Taco Bell locations, but still missed analysts expectations.

Yum! Brands Inc.’s sales rose less than expected in the latest quarter after growth at Taco Bell and KFC was weaker than anticipated.