Yum Q4 2024 Earnings Report
Key Takeaways
Yum! Brands reported an 8% worldwide system sales growth, excluding foreign currency translation, driven by KFC, Taco Bell, and Pizza Hut. The company opened 1,804 gross units, leading to 5% year-over-year unit growth. Digital system sales exceeded $9 billion, with a digital mix surpassing 50%. GAAP EPS was $1.49, while EPS excluding Special Items was $1.61.
Taco Bell U.S. same-store sales grew by 5%, outpacing the industry.
KFC International delivered its second consecutive year with over 2,000 net new units.
Digital sales increased by approximately 15%, with the digital mix surpassing 50%.
Byte by Yum!, a proprietary Software as a Service digital ecosystem, was announced.
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Yum Revenue by Segment
Forward Guidance
Yum! Brands expects 2025 to be another on-algorithm year for Core Operating Profit growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income