Yum Earnings Reports

Yum! Brands reported an 8% worldwide system sales growth, excluding foreign currency translation, driven by KFC, Taco Bell, and Pizza Hut. The company opened 1,804 gross units, leading to 5% year-over-year unit growth. Digital system sales exceeded $9 billion, with a digital mix surpassing 50%. GAAP EPS was $1.49, while EPS excluding Special Items was $1.61.

Yum! Brands reported a 1% increase in worldwide system sales, excluding foreign currency translation, driven by a 5% unit growth. Taco Bell U.S. outperformed with 4% same-store sales growth, while KFC International saw a 9% unit increase. Overall GAAP EPS was $1.35, and EPS excluding Special Items was $1.37, negatively impacted by a higher tax rate and lower investment income.

Yum! Brands reported a 3% increase in worldwide system sales, excluding foreign currency translation, driven by Taco Bell and KFC, but same-store sales declined by 1%. The company saw a 6% growth in GAAP operating profit and a 10% increase in core operating profit. Digital sales remained strong at nearly $8 billion, representing over 50% of total sales. The company continues to expect to deliver at least 8% Core Operating Profit growth this year.

Yum! Brands reported a 2% increase in worldwide system sales, excluding foreign currency translation, driven by 6% unit growth. However, same-store sales declined by 3%. First-quarter GAAP EPS was $1.10, while EPS excluding special items was $1.15. Digital sales reached a record, exceeding 50% of the sales mix.

Yum! Brands reported strong fourth-quarter results, with worldwide system sales growing 5% and 1,853 gross units opened. The company's GAAP EPS was $1.62, and EPS excluding Special Items was $1.26. Full-year results were also strong, with 10% system sales growth and a record 4,754 gross unit openings.

Yum! Brands reported a strong third quarter with 10% worldwide system sales growth, driven by 6% same-store sales growth and 6% unit growth. The company opened a record 1,130 gross new units. GAAP EPS was $1.46, and EPS excluding special items was $1.44.

Yum! Brands reported a strong second quarter with worldwide system sales growth of 13%, driven by 9% same-store sales growth and 6% unit growth. The company added 1,025 gross new units and achieved record digital sales of $7 billion. GAAP EPS was $1.46, and EPS excluding Special Items was $1.41.

Yum! Brands reported a strong first quarter with 13% system sales growth excluding Russia, driven by 8% same-store sales growth and 5% unit growth. Digital sales reached nearly $7 billion, representing over 45% of the sales mix. Core operating profit grew by 11%.

Yum! Brands reported strong Q4 2022 results, with worldwide system sales growth of 8% excluding foreign currency translation. The company added 1,830 gross units during the quarter and repurchased 4.1 million shares for $486 million.

Yum! Brands reported a strong third quarter with 10% system sales growth excluding Russia, driven by demand for iconic brands, increased digital adoption, and unit development. Worldwide system sales grew 7%, with 5% same-store sales growth and 4% unit growth. Third quarter GAAP EPS was $1.14 and third quarter EPS excluding Special Items was $1.09.

Yum! Brands reported a 3% increase in worldwide system sales excluding foreign currency translation, driven by 4% unit growth and 1% same-store sales growth. Taco Bell U.S. saw an 8% increase in same-store sales. Second quarter GAAP EPS was $0.77, a 40% decrease year-over-year, while EPS excluding Special Items was $1.05, a 9% decrease year-over-year. The company added 781 gross units but experienced a net decline of 702 units due to the removal of 1,165 Russia units.

Yum! Brands reported an 8% increase in worldwide system sales, excluding foreign currency translation, driven by 6% unit growth and 3% same-store sales growth. GAAP EPS increased by 27% to $1.36, while EPS excluding special items decreased by 1% to $1.05. The company opened a record 997 gross units and saw digital sales reach approximately $6 billion, representing over 40% of sales.

Yum! Brands reported a strong fourth quarter, with worldwide system sales growing by 9% and digital sales exceeding $6 billion. The company added 1,678 gross units during the quarter and repurchased 5.6 million shares. Full-year system sales grew by 13%, with record digital sales of $22 billion.

Yum! Brands reported strong Q3 2021 results with worldwide system sales excluding foreign currency translation growing 8%, driven by 5% same-store sales growth and 4% unit growth. The company achieved a record 760 net-new units and sustained digital system sales of over $5 billion. Third-quarter GAAP EPS was $1.75, an increase of 90% over the prior year quarter. Third-quarter EPS excluding Special Items was $1.22, an increase of 21% over the prior year quarter.

Yum! Brands reported strong second-quarter results, driven by record unit development and 23% same-store sales growth. The company is reinstating its long-term growth algorithm and revising the unit growth component from 4% to between 4% and 5%.

Yum! Brands reported strong first-quarter results with worldwide system sales excluding foreign currency translation growing 11%, same-store sales growth of 9%, and unit growth of 1%. Digital system sales exceeded $5 billion. First-quarter GAAP EPS was $1.07, and EPS excluding Special Items was also $1.07, a 67% increase over the prior year quarter.

Yum! Brands reported a decline in GAAP EPS but an increase in EPS excluding special items for Q4 2020. System sales declined, but digital sales saw significant growth. The company is focused on leveraging its scale and investing in digital and technology.

Yum! Brands reported encouraging third-quarter results with core operating profit growth and achieved global same-store sales growth of approximately flat for the open store base. Digital sales increased significantly, and the company disposed of its Grubhub investment.

Yum! Brands reported a decline in worldwide system sales by 12% and a same-store sales decline of 15%, offset by 3% net unit growth. Digital sales reached an all-time high of $3.5 billion. Approximately 95% of global system restaurants were at least partially open by the end of the quarter.

Yum! Brands reported a decline in worldwide system sales excluding foreign currency translation by 3%, with a 7% decrease in same-store sales. However, the company achieved 4% net-new unit growth, including the acquisition of Habit Burger Grill. First-quarter GAAP EPS was $0.27, a decrease of 68%, and EPS excluding Special Items was $0.64, a decrease of 23%.

Yum! Brands reported a 10% worldwide system sales growth and a 2% same-store sales growth. The company opened 1,029 net new units and repurchased 3.2 million shares. GAAP EPS increased by 51% to $1.58, while EPS excluding special items increased 148% to $1.00.