Form 8-K · Current Report · Filed 2025-02-06
Yum! Brands Reports Fourth-Quarter and Full-Year 2024 Results with Strong Performance
Yum! Brands, Inc. reported robust financial results for the fourth quarter and full year of 2024. The company posted GAAP EPS of $1.49 for the quarter and $5.22 for the year, with EPS excluding Special Items at $1.61 and $5.48, respectively. Worldwide system sales grew 8% excluding foreign currency translation, with notable contributions from KFC, Taco Bell, and Pizza Hut. The company also launched Byte by Yum!, a comprehensive digital ecosystem, and opened new stores in multiple countries. A dividend of $0.71 per share was approved, reflecting a 6% increase. Additionally, the company terminated franchise agreements in Turkey and exited the Russian market, impacting financial results.
- Filer
- Yum! Brands, Inc. YUM · NYSE
- Filed
- Accession
- 0001041061-25-000008
- CIK
- 0001041061
- Signal
- Medium impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$131.25
Next session
+9.4%
Since filing
+16.8%
Latest close
$153.28
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Precedent
Previous filings from YUM reporting the same item, with the next session's move:
Exhibits (1)
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.
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