earnings
confidence high
sentiment positive
materiality 0.70
Yum! Brands Q4 system sales up 9%; full-year record 4,180 net-new units; digital sales $22B
YUM BRANDS INC
2021-FY EPS reported
$5.21
revenue$6,584,000,000
- Q4 GAAP EPS $1.11 (+3%); adjusted EPS $1.02 (-12%). Full-year GAAP EPS $5.21 (+77%); adjusted EPS $4.46 (+23%).
- Q4 system sales growth: KFC +10%, Taco Bell +11%, Pizza Hut +4%. Full-year: +13% overall.
- Record 1,678 gross units added in Q4; full-year 4,180 gross units (industry record) driving 6% unit growth.
- Full-year digital sales reached a record $22B; Q4 digital sales over $6B.
- Repurchased 5.6M shares for $720M in Q4; full-year 13M shares for $1.6B.