secwatch.observer — SEC 8-K summary
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Issuer:     YUM BRANDS INC (YUM)
CIK:        0001041061
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001041061-24-000036
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yum! Brands Q3 GAAP EPS $1.35, adjusted EPS $1.37; Taco Bell US SSS +4%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041061/000104106124000036/0001041061-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041061/000104106124000036/yum-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001041061-24-000036

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