Yum! Brands, Inc.
Yum! Brands Reports Third-Quarter Financial Results
Summary
Yum! Brands, Inc. reported financial results for the third quarter ended September 30, 2024. Worldwide system sales, excluding foreign currency translation, grew 1% with a 5% unit growth. GAAP operating profit increased by 1%, and core operating profit grew by 3%. KFC International's unit growth was notable with a 9% year-over-year increase. Taco Bell U.S. same-store sales grew by 4%. GAAP EPS was $1.35, while EPS excluding Special Items was $1.37. Digital sales mix exceeded 50%.
Profitelligence Alerts
Get alerts for YUM
Be first to know when Yum! Brands, Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Yum! Brands, Inc.
Yum! Brands, Inc. operates as one of the world’s largest fast-food restaurant companies, specializing in the development and management of globally recognized brands such as KFC, Pizza Hut, and Taco Bell. The company focuses on offering a diverse array of consistent, value-driven food options that cater to a wide range of consumer tastes and preferences. With its entrepreneurial franchise business model, Yum! Brands extends its global footprint across numerous countries, with thousands of restaurants strategically located to reach a vast customer base. A notable feature of the company includes its ability to integrate localized flavors and menu customizations while maintaining brand consistency and operational efficiency. Headquartered in Louisville, Kentucky, Yum! Brands plays a significant role in the quick-service restaurant industry, leveraging its significant scale and brand equity to influence market trends and consumer behavior.
Official SEC Documents
Advertisement