secwatch.observer — SEC 8-K summary
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Issuer:     YUM BRANDS INC (YUM)
CIK:        0001041061
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001041061-24-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yum! Brands Q2 core operating profit +10%, Taco Bell US same-store sales +5%
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- GAAP EPS $1.28, EPS excluding Special Items $1.35; GAAP operating profit +6%, core operating profit +10%.
- Worldwide system sales +3% ex F/X; same-store sales -1%; digital sales nearly $8B (>50% mix).
- Taco Bell US same-store sales +5%; KFC opened 598 gross new restaurants (+8% unit growth).
- Pizza Hut system sales flat ex F/X; Habit Burger system sales -1%, same-store sales -6%.
- CEO reaffirms FY2024 outlook for at least 8% core operating profit growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041061/000104106124000029/0001041061-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041061/000104106124000029/yum-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001041061-24-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer