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    Yum! Brands Reports Fourth-Quarter and Full-Year Results

    2/6/25 7:00:00 AM ET
    $YUM
    Restaurants
    Consumer Discretionary
    Get the next $YUM alert in real time by email

    Fourth-Quarter Same-Store Sales Growth at Taco Bell of 5%; KFC International Unit Growth of 8%

    Full-Year GAAP Operating Profit of 4% and Core Operating Profit Growth Excluding 53rd Week of 8%

    Yum! Brands, Inc. (NYSE:YUM) today reported results for the fourth quarter and year ended December 31, 2024. Fourth-quarter GAAP EPS was $1.49 and EPS excluding Special Items was $1.61. Full-year GAAP EPS was $5.22 and EPS excluding Special Items was $5.48, an increase of 6%.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250205909067/en/

    DAVID GIBBS & CHRIS TURNER COMMENTS

    David Gibbs, CEO, said "2024 was marked with exceptional core operating profit growth given the complex consumer environment. 2024 again demonstrates the resilience of our business model and the agility of our world-class teams. Our twin growth engines remain strong with Taco Bell U.S. delivering same-store sales growth of 5% in the fourth quarter, meaningfully outpacing the industry, and KFC International delivering its second consecutive year with over 2,000 net new units. Our advantaged brand position, together with our industry-leading talent, franchisees, and technology, position us for another excellent year in 2025."

    Chris Turner, CFO, said "In 2024, we opened 4,535 new stores across more than 100 countries. Our digital progress this year was similarly enviable, with digital sales up approximately 15% and digital mix surpassing 50%, reflecting steady progress towards our ambition to reach 100% digital sales. Today, we are excited to announce Byte by Yum!, our proprietary Software as a Service digital ecosystem. Launching our integrated and comprehensive suite required standardization of our processes and consolidation of teams, which we accomplished as part of last year's endeavors to remove duplicative efforts, establish centers of excellence, and drive greater efficiency and collaboration across the organization. I'm confident the changes we've made and investments we're making position us to be stronger and more agile. For those reasons and more, we expect 2025 to be another on-algorithm year for Core Operating Profit growth."

    RECENT STRATEGIC ANNOUNCEMENTS

    • Today, we announced Byte by Yum!, a comprehensive collection of proprietary Software as a Service (SaaS) AI-driven products that deliver integrated and seamless technologies for our restaurants. Byte by Yum! enables easy operations for team members and consumers, while consolidating essential systems into a cohesive, easy-to-manage platform. Byte by Yum! is Yum!'s owned platform of integrated industry-leading restaurant technology, powered by AI, that includes mobile app and web ordering, point of sale, kitchen and delivery optimization, menu management, inventory and labor management, and team member tools. Currently, 25,000 Yum! restaurants across the world are using at least one Byte by Yum! product.
    • In January, Yum! Brands announced the promotion of Scott Mezvinsky to KFC Division Chief Executive Officer, effective March 1, 2025. Scott is currently President of Taco Bell North America and International.
    • In December, we opened our first test locations of new and innovative concepts. We opened Saucy by KFC, a flavor-forward dining destination offering chicken tender lovers the chance to customize their meal with 11 irresistible sauces. Always made hot, fresh and crispy, Saucy's tenders pair perfectly with sweet, spicy, savory and smoky global flavors, all complemented by an 11-beverage lineup that includes a variety of teas, freezes and refreshers. Taco Bell opened Live Más Cafe, a new beverage concept where Bellristas provide exceptional flavor and hospitality in a cozy, inviting atmosphere, all while maintaining the great value customers love. Additionally, in December, Pizza Hut unveiled a test of a new restaurant design, with self-service kiosks, a guest-facing pizza-making station, and a drive-thru with a "Hut ‘N Go™" menu for quick orders.

    SUMMARY FINANCIAL TABLE

     

    Fourth-Quarter

    Full-Year

     

    2024

    2023

    % Change

    2024

    2023

    % Change

    GAAP EPS

    $1.49

    $1.62

    (8)

    $5.22

    $5.59

    (7)

    Special Items EPS1

    $(0.12)

    $0.36

    NM

    $(0.26)

    $0.42

    NM

    EPS Excluding Special Items

    $1.61

    $1.26

    +28

    $5.48

    $5.17

    +6

    1 See reconciliation of Non-GAAP Measurements to GAAP Results in our Consolidated Summary of Results for further detail of Special Items.

    All comparisons are versus the same period a year ago. Our fourth-quarter and full-year 2024 results include an extra week ("53rd week") for business units operating on a weekly periodic calendar. All results presented herein include this 53rd week unless otherwise noted.

    System sales growth figures exclude foreign currency translation ("F/X") and core operating profit growth figures exclude F/X and Special Items. Special Items are not allocated to any segment and therefore only impact worldwide GAAP results. See reconciliation of Non-GAAP Measurements to GAAP Results in our Consolidated Summary of Results for further details.

    Digital system sales includes all transactions where consumers at system restaurants utilize ordering interaction that is primarily facilitated by automated technology.

    FOURTH-QUARTER HIGHLIGHTS

    • Worldwide system sales grew 8% excluding foreign currency translation, with KFC at 6%, Taco Bell at 14%, and Pizza Hut at 3%.
    • We opened 1,804 gross units leading to 5% year-over-year unit growth excluding the 120 unit divestiture in the second quarter related to stores under the Jeno's Pizza and Telepizza brands.
    • Strong digital system sales exceeding $9 billion with digital mix over 50%.

     

    % Change

     

    System Sales

    Ex F/X

    Same-Store Sales

    Units

    GAAP

    Operating Profit

    Core

    Operating Profit1

    KFC Division

    +6

    Even

    +7

    +14

    +15

    Taco Bell Division

    +14

    +5

    +2

    +19

    +19

    Pizza Hut Division

    +3

    (1)

    +2

    (4)

    (3)

    Worldwide

    +8

    +1

    +4

    +8

    +17

     

    Results Excluding 53rd Week % Change

     

    System Sales

    Ex F/X

    Core

    Operating Profit1

    KFC Division

    +5

    +12

    Taco Bell Division

    +8

    +12

    Pizza Hut Division

    Even

    (7)

    Worldwide

    +5

    +12

    FULL-YEAR HIGHLIGHTS

    • Worldwide system sales grew 4% excluding foreign currency translation, with KFC at 3%, Taco Bell at 8%, and Pizza Hut (1)%.
    • We opened 4,535 gross units during the year.
    • Foreign currency translation unfavorably impacted divisional operating profit by $28 million.

     

    % Change

     

    System Sales

    Ex F/X

    Same-Store Sales

    Units

    GAAP

    Operating Profit

    Core

    Operating Profit1

    KFC Division

    +3

    (2)

    +7

    +4

    +6

    Taco Bell Division

    +8

    +4

    +2

    +11

    +11

    Pizza Hut Division

    (1)

    (4)

    +2

    (5)

    (3)

    Worldwide

    +4

    (1)

    +4

    +4

    +9

     

    Results Excluding 53rd Week % Change

     

    System Sales

    Ex F/X

    Core

    Operating Profit1

    KFC Division

    +3

    +5

    Taco Bell Division

    +6

    +9

    Pizza Hut Division

    (1)

    (4)

    Worldwide

    +3

    +8

    1See reconciliation of Non-GAAP Measurements to GAAP Results in our Consolidated Summary of Results for further detail of Core Operating Profit and Core Operating Profit excluding 53rd week.

    KFC DIVISION

     

    Fourth-Quarter

    Full-Year

     

     

     

    %/ppts Change

     

     

    %/ppts Change

     

    2024

    2023

    Reported

    Ex F/X

    2024

    2023

    Reported

    Ex F/X

    Restaurants

    31,981

    29,900

    +7

    NA

    31,981

    29,900

    +7

    NA

    System Sales ($MM)

    9,429

    8,888

    +6

    +6

    34,452

    33,863

    +2

    +3

    Same-Store Sales Growth (%)

    Even

    +2

    NM

    NM

    (2)

    +7

    NM

    NM

    Franchise & Property Revenues ($MM)

    466

    444

    +5

    +5

    1,685

    1,698

    (1)

    +1

    Operating Profit ($MM)

    377

    329

    +14

    +15

    1,363

    1,304

    +4

    +6

    Operating Margin (%)

    39.0

    43.3

    (4.3)

    (3.8)

    44.0

    46.1

    (2.1)

    (1.6)

     

    Fourth-Quarter (% Change)

    Full-Year (% Change)

     

    International

    U.S.

    International

    U.S.

    System Sales Growth Ex F/X

    +8

    (1)

    +5

    (5)

    Same-Store Sales Growth

    +1

    (5)

    (2)

    (5)

    • KFC Division opened 1,100 gross new restaurants during the quarter.
      • For the year, KFC Division opened 2,892 gross new restaurants across 97 countries.
    • For the quarter, the 53rd week provided a benefit of one percentage point to system sales growth and three percentage points to core operating profit growth. For the year, the 53rd week provided a negligible benefit to system sales growth and a benefit of one percentage point to core operating profit growth.
    • Foreign currency translation unfavorably impacted operating profit by $1 million for the quarter and $22 million for the year.

    KFC Markets1

    Percent of KFC

    System Sales2

    System Sales Growth Ex F/X

    Fourth-Quarter

    (% Change)

    Full-Year

    (% Change)

    China

    27%

    +5

    +6

    United States

    14%

    (1)

    (5)

    Europe (excluding United Kingdom)

    12%

    +10

    +8

    Asia

    9%

    +1

    (5)

    Latin America

    8%

    +13

    +15

    Australia

    7%

    +11

    +6

    United Kingdom

    6%

    +5

    (1)

    Middle East / Turkey / North Africa

    6%

    +21

    (2)

    Africa

    5%

    +14

    +11

    Thailand

    2%

    +3

    +6

    Canada

    2%

    +11

    +6

    India

    2%

    +10

    +10

    1Refer to investors.yum.com/financial-information/financial-reports/ for a list of the countries within each of the markets.

    2Reflects Full Year 2024.

    TACO BELL DIVISION

     

    Fourth-Quarter

    Full-Year

     

     

     

    %/ppts Change

     

     

    %/ppts Change

     

    2024

    2023

    Reported

    Ex F/X

    2024

    2023

    Reported

    Ex F/X

    Restaurants

    8,757

    8,564

    +2

    NA

    8,757

    8,564

    +2

    NA

    System Sales ($MM)

    5,571

    4,887

    +14

    +14

    17,193

    15,915

    +8

    +8

    Same-Store Sales Growth (%)

    +5

    +3

    NM

    NM

    +4

    +5

    NM

    NM

    Franchise & Property Revenues ($MM)

    319

    281

    +13

    +13

    997

    918

    +9

    +9

    Operating Profit ($MM)

    340

    286

    +19

    +19

    1,049

    944

    +11

    +11

    Operating Margin (%)

    36.5

    34.9

    1.6

    1.7

    36.7

    35.8

    0.9

    0.9

    • Taco Bell Division opened 186 gross new restaurants during the quarter.
      • For the year, Taco Bell Division opened 347 gross new restaurants across 25 countries.
    • Taco Bell U.S. system sales grew 14% and Taco Bell International system sales excluding foreign currency grew 10% for the quarter.
      • For the year, Taco Bell U.S. system sales grew 8% and Taco Bell International system sales excluding foreign currency grew 6%.
    • Taco Bell U.S. same-store sales grew 5% and Taco Bell International same-store sales grew 3% for the quarter.
      • For the year, Taco Bell U.S. same-store sales grew 4% and Taco Bell International same-store sales were flat.
    • For the quarter, the 53rd week provided a benefit of six percentage points to system sales growth and seven percentage points to core operating profit growth for the quarter. For the year, the 53rd week provided a benefit of two percentage points to both system sales growth and core operating profit growth.
    • For the quarter, company-owned restaurant margins were 25.5%, a 240 basis point increase year-over-year. The 53rd week provided a benefit of 40 basis points to company-owned restaurant margins for the quarter.
      • For the year, company-owned restaurant margins were 24.4%, a 70 basis point increase year-over-year. The 53rd week provided a benefit of 10 basis points to company-owned restaurant margins for the year.

    PIZZA HUT DIVISION

     

    Fourth-Quarter

    Full-Year

     

     

     

    %/ppts Change

     

     

    %/ppts Change

     

    2024

    2023

    Reported

    Ex F/X

    2024

    2023

    Reported

    Ex F/X

    Restaurants

    20,225

    19,866

    +2

    NA

    20,225

    19,866

    +2

    NA

    System Sales ($MM)

    3,617

    3,535

    +2

    +3

    13,108

    13,315

    (2)

    (1)

    Same-Store Sales Growth (%)

    (1)

    (2)

    NM

    NM

    (4)

    +2

    NM

    NM

    Franchise & Property Revenues ($MM)

    176

    168

    +4

    +5

    622

    622

    Even

    +1

    Operating Profit ($MM)

    95

    99

    (4)

    (3)

    373

    391

    (5)

    (3)

    Operating Margin (%)

    32.4

    35.0

    (2.6)

    (2.4)

    37.0

    38.3

    (1.3)

    (0.9)

     

    Fourth-Quarter (% Change)

    Full-Year (% Change)

     

    International

    U.S.

    International

    U.S.

    System Sales Growth Ex F/X

    +2

    +3

    (1)

    Even

    Same-Store Sales Growth

    Even

    (2)

    (5)

    (3)

    • Pizza Hut Division opened 512 gross new restaurants during the quarter.
      • For the year, Pizza Hut Division opened 1,280 gross new restaurants across 62 countries.
    • For the quarter, the 53rd week provided a benefit of three percentage points to system sales growth and four percentage points to core operating profit growth. For the year, the 53rd week provided a negligible benefit to system sales growth and a benefit of one percentage point to core operating profit growth.
    • Foreign currency translation unfavorably impacted operating profit by $1 million for the quarter and $6 million for the year.

    Pizza Hut Markets1

    Percent of Pizza Hut

    System Sales2

    System Sales Growth Ex F/X

    Fourth-Quarter

    (% Change)

    Full-Year

    (% Change)

    United States

    42%

    +3

    Even

    China

    18%

    +7

    +3

    Asia

    13%

    Even

    (3)

    Europe

    11%

    (7)

    (6)

    Latin America

    7%

    (4)

    Even

    Middle East / Africa

    4%

    +20

    Even

    Canada

    3%

    +10

    +6

    India

    2%

    +10

    +4

    THE HABIT BURGER GRILL DIVISION

    • The Habit Burger Grill Division opened 6 gross new restaurants during the quarter and 16 for the year.
    • The Habit Burger Grill Division grew system sales 10% for the quarter and 2% for the year.
    • The Habit Burger Grill Division same-store sales were flat for the quarter and declined (4)% for the year.
    • For the quarter, the 53rd week provided a benefit of five percentage points to system sales growth. For the year, the 53rd week provided a benefit of one percentage point to system sales growth.

    OTHER ITEMS

    • The Company's Board of Directors approved a dividend of $0.71 per share of common stock, an increase of 6%. The quarterly dividend will be distributed March 7, 2025 to shareholders of record at the close of business on February 21, 2025.
    • In January, Yum! Brands terminated its franchise agreements with franchisee IS Gida A.S. (IS Gida), the owner and operator of KFC and Pizza Hut restaurants in Turkey after failure to meet Yum! Brands' standards. The termination affects 284 KFC and 254 Pizza Hut restaurants in Turkey. Yum! Brands is actively identifying the right growth-minded franchise partner to drive future success in Turkey.
    • See reconciliation of Non-GAAP Measurements to GAAP results within this release for further detail of Special Items by financial statement line item including the impact of Special Items on General and administrative expenses.
    • Disclosures pertaining to outstanding debt in our Restricted Group capital structure will be provided at the time of the filing of the 2024 Form 10-K.

    LONG-TERM GROWTH ALGORITHM

    • The Company targets the following long-term financial performance metrics, first announced in 2022, that it believes it can achieve over an extended period of time, on average:
      • 5% Unit Growth
      • 7% System Sales Growth, excluding F/X and 53rd week; and
      • At least 8% Core Operating Profit Growth, excluding F/X and 53rd week3

    1Refer to investors.yum.com/financial-information/financial-reports/ for a list of the countries within each of the markets.

    2Reflects Full Year 2024.

    3At this time, we are unable to forecast any Special Items or any impact from changes in F/X rates, and therefore cannot provide an estimate of Operating Profit Growth on a GAAP basis. 

    CONFERENCE CALL

    Yum! Brands, Inc. will host a conference call to review the company's financial performance and strategies at 8:15 a.m. Eastern Time Thursday, February 6, 2025. The number is 833/470-1428 in the U.S., 833/950-0062 in Canada and +1/929-526-1599 for international callers, conference ID 951337.

    The call will be available for playback beginning at 10:00 a.m. Eastern Time February 6, 2025 through February 13, 2025. To access the playback, dial 866/813-9403 in the U.S., 226/828-7578 in Canada, and +1/929-458-6194 internationally, conference ID 189157.

    The webcast and the playback can be accessed via the website by visiting Yum! Brands' website, investors.yum.com/events-and-presentations and selecting "Q4 2024 Earnings Conference Call."

    ADDITIONAL INFORMATION ONLINE

    Quarter end dates for each division, restaurant count details, definitions of terms and Restricted Group financial information are available at investors.yum.com. Reconciliation of non-GAAP financial measures to the most directly comparable GAAP measures are included within this release.

    FORWARD-LOOKING STATEMENTS

    This announcement may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "likely," "seek," "project," "model," "ongoing," "will," "should," "forecast," "outlook" or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections, our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of Yum! Brands, will prove to be correct or that any of our expectations, estimates or projections will be achieved.

    Numerous factors could cause our actual results and events to differ materially from those expressed or implied by forward-looking statements, including, without limitation: food safety and food- or beverage-borne illness concerns; adverse impacts of health epidemics, deterioration in public health conditions or the occurrence of other catastrophic or unforeseen events; the success and financial stability of our concepts' franchisees, particularly in light of challenging macroeconomic conditions; the success of our development strategy; anticipated benefits from past or potential future acquisitions, investments, other strategic transactions or initiatives, or our portfolio business model; our significant exposure to the Chinese market; our global operations and related exposure to geopolitical instability, including as a result of the Middle East conflict as well as potential expansion of restrictive trade policies; foreign currency risks and foreign exchange controls; our ability to protect the integrity or availability of IT systems or the security of confidential information and other cybersecurity risks; compliance with data privacy and data protection legal requirements and reporting obligations; our ability to successfully and securely implement technology initiatives, including utilization of artificial intelligence; our increasing dependence on digital commerce platforms; the impact of social media; our ability to protect our trademarks or other intellectual property; shortages or interruptions in the availability and the delivery of food, equipment and other supplies; the loss of key personnel, labor shortages and increased labor costs, including as a result of state and local legislation related to wages and working conditions; changes in food prices and other operating costs; our corporate reputation, the value and perception of our brands and changes in consumer preferences and wellness trends; evolving expectations and requirements with respect to social and environmental sustainability matters; adverse effects of severe weather and climate change; pending or future litigation and legal claims or proceedings; changes in, or noncompliance with, legal requirements; tax matters, including changes in tax rates or laws, impositions of new taxes, tax implications of our restructurings, or disagreements with taxing authorities; changes in consumer discretionary spending and macroeconomic conditions, including inflationary pressures and elevated interest rates; competition within the retail food industry; risks relating to our level of indebtedness. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. The forward-looking statements included in this announcement are only made as of the date of this announcement and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances.

    You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Forward-Looking Statements" in our most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q) for additional detail about factors that could affect our financial and other results.

    Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 61,000 restaurants in more than 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-inspired food and pizza categories, respectively. Habit Burger & Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2024, Yum! was named to the Dow Jones Sustainability Index North America, Newsweek's list of America's Most Responsible Companies, USA Today's America's Climate Leaders and 3BL's list of 100 Best Corporate Citizens. In 2025, the Company was recognized among TIME magazine's list of Best Companies for Future Leaders. In addition, KFC, Taco Bell and Pizza Hut brands were ranked in the top 25 of Entrepreneur's Top Global Franchises Ranking for 2025, with Taco Bell securing the No. 1 spot for the fifth consecutive year.

    Category: Earnings

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250205909067/en/

    Analysts are invited to contact:

    Matt Morris, Head of Investor Relations, at 888/298-6986

    Members of the media are invited to contact:

    Lori Eberenz, Director, Public Relations, at 502/874-8200

    Get the next $YUM alert in real time by email

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      Plus – New Mountain Dew® Sweet Lightning® Peaches & Cream "Dirty" Soda Speeds into Summer LOUISVILLE, Ky., June 5, 2025 /PRNewswire/ -- KFC® is kicking off summer with a full-throttle menu, bringing back its iconic meal deal, Fill Ups, in partnership with F1® THE MOVIE—making KFC drive-thrus the most desired pit stop of summer. The fan-favorite Fill Ups return nationwide with KFC's signature finger lickin' good flavor, in four crave-worthy combos that deliver a bounty of food for an unbeatable value—a complete meal all in one satisfying box for just $7*. Whether you're a class

      6/5/25 9:00:00 AM ET
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      Restaurants
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    $YUM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • KFC Division CEO Mezvinsky Scott exercised 410 shares at a strike of $49.66, returned $20,449 worth of shares to the company (138 units at $148.18) and sold $40,332 worth of shares (272 units at $148.28) (SEC Form 4)

      4 - YUM BRANDS INC (0001041061) (Issuer)

      7/1/25 11:44:20 AM ET
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    • Chief Executive Officer Gibbs David W exercised 10,972 shares at a strike of $51.69, returned $567,360 worth of shares to the company (3,940 units at $144.00) and sold $1,012,608 worth of shares (7,032 units at $144.00) (SEC Form 4)

      4 - YUM BRANDS INC (0001041061) (Issuer)

      6/16/25 3:30:54 PM ET
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    • KFC Division CEO Mezvinsky Scott exercised 410 shares at a strike of $49.66, returned $20,728 worth of shares to the company (142 units at $145.97) and sold $39,120 worth of shares (268 units at $145.97) (SEC Form 4)

      4 - YUM BRANDS INC (0001041061) (Issuer)

      6/4/25 2:37:26 PM ET
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    $YUM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Yum! Brands upgraded by Analyst with a new price target

      Analyst upgraded Yum! Brands from Neutral to Overweight and set a new price target of $162.00

      6/25/25 7:51:25 AM ET
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      Restaurants
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    • Yum! Brands upgraded by Redburn Atlantic with a new price target

      Redburn Atlantic upgraded Yum! Brands from Neutral to Buy and set a new price target of $177.00

      6/10/25 7:52:58 AM ET
      $YUM
      Restaurants
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    • Yum! Brands upgraded by Goldman with a new price target

      Goldman upgraded Yum! Brands from Neutral to Buy and set a new price target of $167.00

      6/4/25 7:32:11 AM ET
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    SEC Filings

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    • SEC Form 11-K filed by Yum! Brands Inc.

      11-K - YUM BRANDS INC (0001041061) (Filer)

      6/27/25 4:38:45 PM ET
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    • Yum! Brands Inc. filed SEC Form 8-K: Leadership Update

      8-K - YUM BRANDS INC (0001041061) (Filer)

      6/17/25 7:50:06 AM ET
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    • Yum! Brands Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - YUM BRANDS INC (0001041061) (Filer)

      5/20/25 4:11:30 PM ET
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    • Yum! Brands Appoints Chris Turner as Chief Executive Officer Effective October 1, 2025

      David Gibbs will serve as an adviser to Yum! Brands until the end of 2026 Yum! Brands, Inc. (NYSE:YUM) today announced that its Board of Directors has unanimously elected Chris Turner, 50, as Chief Executive Officer, effective October 1, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250617900689/en/YUM) today announced that its Board of Directors has unanimously elected Chris Turner, 50, as Chief Executive Officer, effective October 1, 2025.">Yum! Brands, Inc. (NYSE:YUM) today announced that its Board of Directors has unanimously elected Chris Turner, 50, as Chief Executive Officer, effective October 1, 2025. Turner, wh

      6/17/25 7:30:00 AM ET
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    • Yum! Brands Announces Leadership Transition Plans; David Gibbs to Retire in 2026

      The Board of Directors is Conducting a Thorough Succession Planning Process Yum! Brands, Inc. (NYSE:YUM) today announced that David Gibbs, Chief Executive Officer, has informed the Board of Directors of his intention to retire from the Company in the next year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250331870458/en/YUM) today announced that David Gibbs, Chief Executive Officer, has informed the Board of Directors of his intention to retire from the Company in the next year. The Board has established a succession planning committee and will work deliberately to identify and appoint the best candidate to lead the company's

      3/31/25 7:00:00 AM ET
      $YUM
      Restaurants
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    • Dutch Bros Inc. Outlined Long-Term Growth Strategy at Inaugural Investor Day

      Expanded Total Addressable Market to 7,000+ System Shops Nationwide Set Goal of 2,029 System Shops in 2029 Reiterated Prior Long-Term Growth Algorithm; Issued New Long-Term Company-Operated Shop Contribution Margin Goal Announced Appointment of Brian Cahoe as Chief Development Officer Dutch Bros Inc. (NYSE:BROS, "Dutch Bros" or the "Company")), one of the fastest-growing brands in the U.S. quick service beverage industry, today hosted an Investor Day at its support center in Tempe, AZ. The event was also webcast live. During the presentation, the Dutch Bros management team provided updates on the business and its long-term growth goals. "We are pleased to deliver quarter-to-date Q1 sam

      3/27/25 4:05:00 PM ET
      $BROS
      $YUM
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    $YUM
    Financials

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    • Yum! Brands, Inc. Declares Quarterly Dividend of $0.71 Per Share

      Yum! Brands, Inc. (NYSE:YUM) Board of Directors declared a dividend of $0.71 per share of common stock. The quarterly cash dividend will be distributed June 6, 2025, to shareholders of record at the close of business on May 27, 2025. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of nearly 61,000 restaurants in more than 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-inspired food and pizza categories, respectively. Habit Burger & Grill is a fast casual restaurant concept speciali

      5/15/25 5:19:00 PM ET
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    • Yum! Brands Reports First-Quarter Results

      Taco Bell U.S. Same-Store Sales Growth 9%; KFC International Unit Growth 7% GAAP Operating Profit Growth of 5% and Core Operating Profit Growth of 8% Yum! Brands, Inc. (NYSE:YUM) today reported results for the first quarter ended March 31, 2025. First-quarter GAAP EPS was $0.90 and first-quarter EPS excluding Special Items was $1.30, a 13% increase. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250429529203/en/ DAVID GIBBS COMMENTS David Gibbs, CEO, said "I'm incredibly proud of our teams' ability to stay nimble and deliver industry-leading results in a complex consumer environment. This quarter, we achieved 8% Core Operating

      4/30/25 7:00:00 AM ET
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    • Yum! Brands Announces Q1 2025 Earnings and Conference Call Details

      Yum! Brands, Inc. (NYSE:YUM) will release its first quarter financial results on Wednesday, April 30, 2025 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 8:15 a.m. ET. The number is 833/470-1428 for U.S. callers, 833/950-0062 for Canada callers, and +1/929-526-1599 for all other international callers, conference ID 540566. The event will be webcast live and can be accessed through the Yum! Brands website at https://investors.yum.com/events-and-presentations. The Q&A session of this conference call is limited to analysts only. Members of the media may direct their questions to the contact number below. The call will be available for p

      4/16/25 6:42:00 PM ET
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    $YUM
    Large Ownership Changes

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    • Amendment: SEC Form SC 13G/A filed by Yum! Brands Inc.

      SC 13G/A - YUM BRANDS INC (0001041061) (Subject)

      11/14/24 1:28:29 PM ET
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    • Amendment: SEC Form SC 13G/A filed by Yum! Brands Inc.

      SC 13G/A - YUM BRANDS INC (0001041061) (Subject)

      11/13/24 12:54:34 PM ET
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    • Amendment: SEC Form SC 13G/A filed by Yum! Brands Inc.

      SC 13G/A - YUM BRANDS INC (0001041061) (Subject)

      11/12/24 5:52:27 PM ET
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