Loading...
•
Sep 30, 2021
Yum Q3 2021 Earnings Report
Yum! Brands reported strong Q3 2021 results, driven by record net-new unit growth and sustained digital sales momentum.
Key Takeaways
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.
Worldwide system sales excluding foreign currency translation grew 8%, with KFC at 11%, Taco Bell at 8% and Pizza Hut at 4%.
Reported 4% unit growth year-over-year and record third-quarter net-new unit growth of 760.
Foreign currency translation favorably impacted divisional operating profit by $12 million.
Advanced digital capabilities with the acquisition of Dragontail, enhancing store operations and customer experience.
Yum
Yum
Yum Revenue by Segment
Revenue by Segment
KFC Division Revenue
CapyFin.comTaco Bell Division Revenue
CapyFin.comPizza Hut Division Revenue
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