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Dec 31, 2021
Yum Q4 2021 Earnings Report
Yum! Brands reported fourth-quarter results, marked by record full-year net-new units and substantial digital sales growth.
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.
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
Historical Earnings Impact
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Avg. Return Before/After Earnings
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