{"schema_version":"secwatch.filing_event.v1","accession":"0001041061-22-000036","form_type":"8-K","ticker":"YUM","cik":"0001041061","company_name":"YUM BRANDS INC","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.365660+00:00","generated_at":"2026-06-22T11:39:19.772864+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Yum! Brands Q3 system sales +7% ex-FX; GAAP EPS $1.14, down 35% YoY","bullets":["Worldwide system sales ex-FX grew 7% with 5% same-store sales and 979 gross unit openings.","GAAP EPS $1.14 vs $1.75; EPS ex-special items $1.09 vs $1.22, down 11%.","KFC system sales ex-FX +8%, Taco Bell +9%, Pizza Hut +4%; digital sales ~$6B.","Agreement to sell Russian KFC operations to Smart Service Ltd., subject to regulatory approvals.","Core operating profit grew 8% including 3-point Russia headwind; FX hurt operating profit by $39M."],"urls":{"canonical":"https://secwatch.observer/filing/0001041061-22-000036","json":"https://secwatch.observer/filing/0001041061-22-000036.json","markdown":"https://secwatch.observer/filing/0001041061-22-000036.md","text":"https://secwatch.observer/filing/0001041061-22-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041061/000104106122000036/0001041061-22-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041061/000104106122000036/yum-20221102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T11:39:19.772864+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b1cec6325bf5ad475ade879027947f6a44ca3951","claim":"YUM BRANDS INC reported third quarter ended September 30, 2022 results: EPS $1.14.","evidence_excerpt":"Third quarter GAAP EPS was $1.14 and third quarter EPS excluding Special Items was $1.09. Our year-over-year EPS excluding Special Items results reflect a $0.23 negative impact from a higher current year tax rate, lower investment gains and the removal of Russia-based profits.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106122000036/0001041061-22-000036-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"EPS","value":"$1.14"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}