{"schema_version":"secwatch.filing_event.v1","accession":"0001041061-23-000046","form_type":"8-K","ticker":"YUM","cik":"0001041061","company_name":"YUM BRANDS INC","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.994425+00:00","generated_at":"2026-06-09T01:52:34.563132+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Yum! Brands Q3: 10% system sales growth, GAAP EPS $1.46, core operating profit up 16%","bullets":["GAAP EPS $1.46 ($1.44 ex special items); 10% worldwide system sales growth (6% same-store, 6% unit growth).","KFC system sales up 12% ex F/X; Taco Bell up 11%; Pizza Hut up 4%. 1,130 gross new units (Q3 record).","Digital sales record $7B, digital mix over 45%. Net leverage ratio 4.4x; F/X hurt divisional operating profit $5M.","CEO expects full-year 2023 to outperform long-term algorithm; plans to expand customer insights and global loyalty.","KFC International and Taco Bell US lead; Pizza Hut US same-store sales flat, international same-store sales +2%."],"urls":{"canonical":"https://secwatch.observer/filing/0001041061-23-000046","json":"https://secwatch.observer/filing/0001041061-23-000046.json","markdown":"https://secwatch.observer/filing/0001041061-23-000046.md","text":"https://secwatch.observer/filing/0001041061-23-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041061/000104106123000046/0001041061-23-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041061/000104106123000046/yum-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:52:34.563132+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":"fdd534c9af35ace12aac5032b69d162d2aaa181f","claim":"YUM BRANDS INC reported the third quarter ended September 30, 2023 results: EPS $1.46.","evidence_excerpt":"Third-quarter GAAP EPS was $1.46 and third-quarter EPS excluding Special Items was $1.44. Third-quarter EPS includes a favorable $0.05 mark-to-market impact from the remeasurement of the Company's investment in Devyani International Ltd.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106123000046/0001041061-23-000046-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"EPS","value":"$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"}