Dec 31, 2022

Yum Q4 2022 Earnings Report

Yum! Brands reported fourth-quarter results, including EPS of $1.29, an increase of 17%, and EPS excluding Special Items of $1.31, an increase of 29%.

Key Takeaways

Yum! Brands reported strong Q4 2022 results, with worldwide system sales growth of 8% excluding foreign currency translation. The company added 1,830 gross units during the quarter and repurchased 4.1 million shares for $486 million.

Worldwide system sales grew 8% excluding foreign currency translation, with KFC at 6%, Taco Bell at 14%, and Pizza Hut at 4%.

The company added 1,830 gross units during the fourth quarter.

Yum! repurchased 4.1 million shares totaling $486 million at an average price per share of $119.

Foreign currency translation unfavorably impacted divisional operating profit by $42 million.

Total Revenue
$2.02B
Previous year: $1.89B
+6.8%
EPS
$1.31
Previous year: $1.02
+28.4%
KFC Same Store Sales Growth
5%
Previous year: 5%
+0.0%
Taco Bell Same Store Sales Growth
11%
Previous year: 8%
+37.5%
Pizza Hut Same Store Sales Growth
1%
Previous year: 3%
-66.7%
Gross Profit
$945M
Previous year: $873M
+8.2%
Cash and Equivalents
$367M
Previous year: $486M
-24.5%
Free Cash Flow
$331M
Previous year: $322M
+2.8%
Total Assets
$5.85B
Previous year: $5.97B
-2.0%

Yum

Yum

Yum Revenue by Segment

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