{"schema_version":"secwatch.filing_event.v1","accession":"0001041061-23-000037","form_type":"8-K","ticker":"YUM","cik":"0001041061","company_name":"YUM BRANDS INC","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.988909+00:00","generated_at":"2026-06-12T11:05:52.622233+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Yum! Brands Q2 GAAP EPS $1.46, system sales +13%, same-store sales +9%","bullets":["GAAP EPS $1.46 vs $0.77; adj. EPS $1.41 vs $1.06; core operating profit +12%.","Worldwide system sales +13% ex-FX; same-store sales +9%; unit growth +6%; KFC +19%.","Record digital sales $7B (mix >45%); 1,025 gross new units opened in quarter.","Net leverage 4.7x; revolver paid down $164M; CEO sees full-year above long-term algo.","Russia exit completed in April 2023 with sale of KFC business to Smart Service Ltd."],"urls":{"canonical":"https://secwatch.observer/filing/0001041061-23-000037","json":"https://secwatch.observer/filing/0001041061-23-000037.json","markdown":"https://secwatch.observer/filing/0001041061-23-000037.md","text":"https://secwatch.observer/filing/0001041061-23-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041061/000104106123000037/0001041061-23-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041061/000104106123000037/yum-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T11:05:52.622233+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":"d00cba5ba34b9177cf6b440d97e93e723db263a6","claim":"YUM BRANDS INC reported second-quarter ended June 30, 2023 results: EPS Second-quarter GAAP EPS was $1.46.","evidence_excerpt":"Second-quarter GAAP EPS was $1.46 and second-quarter EPS excluding Special Items was $1.41.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106123000037/0001041061-23-000037-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second-quarter ended June 30, 2023"},{"label":"EPS","value":"Second-quarter GAAP EPS was $1.46"},{"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"}