{"schema_version":"secwatch.filing_event.v1","accession":"0001041061-26-000149","form_type":"8-K","ticker":"YUM","cik":"0001041061","company_name":"YUM BRANDS INC","filed_at":"2026-07-30T11:01:16+00:00","discovered_at":"2026-07-30T11:05:00.323916+00:00","generated_at":"2026-07-30T11:06:24.362949+00:00","sec_items":["2.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Yum! Brands Q2 adj EPS $1.62 (+12% YoY); agrees to sell Pizza Hut to LongRange Capital and Yum China","bullets":["GAAP EPS $3.08; adjusted EPS $1.62 vs $1.44 prior year (+12%).","Worldwide system sales +5% ex-FX; Taco Bell same-store sales +7%, KFC +2%, Pizza Hut -1%.","Definitive agreements to sell Pizza Hut: ex-China to LongRange Capital, Mainland China to Yum China.","Unit count +5% with 1,053 gross new units; digital mix ex-Pizza Hut >60%.","KFC launched brand refresh; long-term growth algorithm reaffirmed (5% unit growth, 7% system sales, ≥8% core OP growth)."],"urls":{"canonical":"https://secwatch.observer/filing/0001041061-26-000149","json":"https://secwatch.observer/filing/0001041061-26-000149.json","markdown":"https://secwatch.observer/filing/0001041061-26-000149.md","text":"https://secwatch.observer/filing/0001041061-26-000149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000149/0001041061-26-000149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000149/yum-20260730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-30T11:06:24.362949+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}