Yum Q3 2024 Earnings Report
Key Takeaways
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.
Worldwide system sales grew 1%, excluding foreign currency translation, driven by 5% unit growth.
Taco Bell U.S. same-store sales grew 4%, outperforming QSR competition.
KFC International unit growth was strong at 9% year-over-year.
Digital system sales exceeded $8 billion, with digital mix over 50%.
Yum
Yum
Yum Revenue by Segment
Yum Revenue by Geographic Location
Forward Guidance
Yum! Brands did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income