earnings
confidence high
sentiment neutral
materiality 0.70
Yum! Brands Q3 GAAP EPS $1.35, adjusted EPS $1.37; Taco Bell US SSS +4%
YUM BRANDS INC
2024-Q3 EPS reported
$3.73
revenue$5,187,000,000
- Worldwide system sales +1% ex-FX; core operating profit +3%; GAAP operating profit +1%.
- KFC Division SSS -4%, unit growth +7% (685 gross new units); international unit growth +9%.
- Taco Bell Division SSS +4% (US), operating profit +11%; Pizza Hut SSS -4%.
- Digital system sales >$8B, digital mix >50%.
- GAAP EPS $1.35 vs $1.46 YoY; adjusted EPS $1.37 vs $1.44; $0.14 hit from higher tax/lower investment income.