Yum! Brands Q1: system sales +13% ex-Russia, 8% same-store; adj. EPS $1.06 flat YoY

YUM BRANDS INC

2023-Q1 EPS reported $1.05 revenue$1,645,000,000

Worldwide system sales grew 13% excluding Russia impact; same-store sales +8%, unit growth +5%.
GAAP EPS $1.05 vs $1.36 prior year; adjusted EPS $1.06 (flat YoY) excluding special items.
Core operating profit rose 11% including 1 ppt Russia headwind; KFC +12%, Taco Bell +11%, Pizza Hut +7%.
Record digital system sales of nearly $7 billion, digital mix exceeding 45%.
Completed exit from Russia on April 17, selling KFC business to Smart Service Ltd.

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 0.95

YUM BRANDS INC reported first-quarter ending March 31, 2023 results: EPS GAAP EPS was $1.05 and first-quarter EPS excluding Special Items was $1.06.

Period: first-quarter ending March 31, 2023
EPS: GAAP EPS was $1.05 and first-quarter EPS excluding Special Items was $1.06
Result: reported results

Exact text from the filing

Yum! Brands, Inc. (NYSE: YUM) today reported results for the first-quarter ending March 31, 2023.

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Source: SEC EDGAR

accession 0001041061-23-000014

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