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Mar 31, 2023
Yum Q1 2023 Earnings Report
Yum! Brands reported strong Q1 2023 results with broad-based global strength, system sales growth of 13% excluding Russia impact, same-store sales growth of 8%, and record digital system sales.
Key Takeaways
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%.
Worldwide system sales grew 13% excluding Russia impact.
Same-store sales increased by 8%.
Digital sales hit a record of nearly $7 billion, with digital mix exceeding 45%.
Core operating profit grew by 11%.
Yum
Yum
Yum Revenue by Segment
Revenue by Segment
KFC Division Revenue
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CapyFin.com Forward Guidance
This announcement may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Revenue & Expenses
Visualization of income flow from segment revenue to net income