Yum Q4 2021 Earnings Report
Key Takeaways
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.
Worldwide system sales grew 9% excluding foreign currency translation, driven by KFC, Taco Bell, and Pizza Hut.
The company added 1,678 gross units during the fourth quarter, contributing to a record 4,180 gross units for the full year.
Digital sales topped $6 billion in the fourth quarter and reached $22 billion for the full year.
Share repurchases totaled 5.6 million shares for $720 million during the quarter.
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Yum Revenue by Segment
Forward Guidance
Yum! Brands remains focused on fueling growth with confidence in Recipe for Growth and Good strategies, and delivering on its long-term growth algorithm in fiscal 2022 and beyond.
Revenue & Expenses
Visualization of income flow from segment revenue to net income