Yum! Brands Q4 ex-special EPS $1.26 (-5% YoY); FY23 EPS $5.17 (+14%); record 4,754 unit openings

YUM BRANDS INC

2023-FY EPS reported $5.59 revenue$7,076,000,000

Q4 ex-special EPS $1.26 (-5% YoY) due to $0.23 tax headwind; GAAP EPS $1.62 (+26%).
Full-year system sales +10% ex-FX; record 4,754 gross unit openings (+6% unit growth).
KFC FY system sales +12% ex-FX, Taco Bell +9%, Pizza Hut +5%; Pizza Hut Q4 SSS -2%.
Dividend raised 11% to $0.67/quarter; acquisition of 218 KFC UK/Ireland restaurants expected Q2 2024.
Company paid off $325M debt; net leverage 4.2x; digital sales +22% to >45% mix.

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 financial results for the fourth quarter and year ended December 31, 2023.

Period: the fourth quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 7, 2024, Yum! Brands, Inc. issued a press release announcing financial results for the quarter and year ended December 31, 2023.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

YUM BRANDS INC filing history →

Source: SEC EDGAR

accession 0001041061-24-000003

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.