Yum! Q4 adj EPS $1.31 (+29% YoY), record 4,560 new units in 2022, boosts dividend to $0.605

YUM BRANDS INC

2022-FY EPS reported $4.57 revenue$6,842,000,000

Q4 GAAP EPS $1.29 (+17% YoY); adjusted EPS $1.31 (+29% YoY). Full-year adj EPS $4.51 (+1% YoY).
Record 4,560 gross new unit openings in 2022; Q4 system sales growth ex-FX of 10% (excluding Russia).
Board declares quarterly dividend of $0.605 (increase from prior), payable March 10 to holders of record Feb 22.
Agreed to sell Russian KFC operations to franchisee Smart Service Ltd., subject to regulatory approvals; exit expected to complete soon.
January ransomware attack disrupted <300 restaurants for one day; remediation costs not material.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

YUM BRANDS INC reported fourth-quarter and year ended December 31, 2022 results: EPS Fourth-quarter GAAP EPS was $1.29.

Period: fourth-quarter and year ended December 31, 2022
EPS: Fourth-quarter GAAP EPS was $1.29
Result: reported results

Exact text from the filing

Yum! Brands, Inc. (NYSE: YUM) today reported results for the fourth-quarter and year ended December 31, 2022. Fourth-quarter GAAP EPS was $1.29, an increase of 17%.

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YUM BRANDS INC filing history →

Source: SEC EDGAR

accession 0001041061-23-000003

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