Highest-materiality recent filing
Yum! completes $1.5B Pizza Hut ex-China sale to LongRange; $2.7B total with China
Completed sale of Pizza Hut ex-China to LongRange Capital for ~$1.5B cash, plus up to $75M earn-out by 2030.
Yum! completes $1.2B sale of Pizza Hut China to Yum China
Sale of Pizza Hut China to Yum China closed Aug 7, 2026 for $1.2B in cash.
Yum! Brands Q2 adj EPS $1.62 (+12% YoY); agrees to sell Pizza Hut to LongRange Capital and Yum China
GAAP EPS $3.08; adjusted EPS $1.62 vs $1.44 prior year (+12%).
Yum! Brands sells global Pizza Hut business for $2.688B in cash; adds $4B buyback
Sale of global Pizza Hut (ex-China) to Toppings TopCo for $1.488B cash + up to $75M earn-out.
Yum! Brands sells Pizza Hut for $2.7B; LongRange and Yum China acquire; $4B buyback authorized
Pizza Hut Ex-China sold to LongRange Capital for ~$1.5B; Pizza Hut China sold to Yum China for ~$1.2B.
Yum! Brands Q1 adj. EPS $1.50 (+15% YoY); Taco Bell SSS +8%
GAAP EPS $1.55; adjusted EPS $1.50, +15% YoY from $1.30.
Yum! Brands Q4 GAAP EPS $1.91, adj. EPS $1.73; Taco Bell same-store sales +7%; dividend raised 6%
Full-year 2025 adjusted EPS $6.05, up 10% YoY; GAAP EPS $5.55.
Q3 GAAP EPS $1.41, adj. EPS $1.58 (+15% YoY); worldwide system sales +5% ex F/X led by Taco Bell +9%.
Taco Bell Funding closes $1.5B securitized note issuance; refinances $938M in existing notes
Issued $1.0B of 4.821% Series 2025-1 Class A-2-I notes and $500M of 5.049% Class A-2-II notes.
Yum! Brands announces CFO appointment, new roles for Tresvant and Dausch
Ranjith Roy named Yum! CFO eff. Oct 1, 2025: $700K base, 100% target bonus, $1.5M LTI.
Yum! Brands to refinance $938M Series 2016-1 notes with $1.0B new securitization notes
Series 2016-1 Class A-2-III Notes had approx $938M balance as of June 30, 2025.
Yum! Q2 EPS ex-items $1.44 (+7% YoY); digital mix record 57%; CEO succession to Chris Turner Oct 1
GAAP EPS $1.33, ex-special items $1.44; worldwide system sales +4% ex-FX, led by Taco Bell +6%.
Yum! Brands names Chris Turner as CEO effective Oct 1, 2025; David Gibbs becomes adviser
Chris Turner, current CFO and Chief Franchise Officer, elected CEO, succeeding David Gibbs.
Yum! Brands Q1 GAAP EPS $0.90, adjusted EPS $1.30 (+13% YoY); Taco Bell US same-store sales +9%
GAAP EPS $0.90; adjusted EPS $1.30 (up 13% YoY). Core operating profit grew 8%.
David Gibbs to retire as Yum! Brands CEO in Q1 2026; board starts succession search
Gibbs informed board on March 26, 2025 of retirement plan; will continue as CEO until Q1 2026.
Yum! Brands partners with NVIDIA to accelerate AI in restaurants globally
Yum! (KFC, Taco Bell, Pizza Hut, Habit Burger) and NVIDIA collaborate to deploy AI across 61,000+ locations.
2024 operating profit reached $1B for first time; restaurant margins >24% in company-owned stores.
Yum! Q4 adjusted EPS $1.61; Taco Bell same-store sales +5%; dividend raised 6%
Q4 GAAP EPS $1.49, adjusted EPS $1.61; full-year adjusted EPS $5.48 (+6% YoY).
Yum! terminates Turkey franchise agreements; 537 restaurants closing; expects ~$60M charge
Terminated franchise agreements with IS Gida A.S. in Turkey; 283 KFC and 254 Pizza Hut restaurants expected to close.
Yum! Brands Q3 GAAP EPS $1.35, adjusted EPS $1.37; Taco Bell US SSS +4%
Worldwide system sales +1% ex-FX; core operating profit +3%; GAAP operating profit +1%.
Yum! Brands Q2 core operating profit +10%, Taco Bell US same-store sales +5%
GAAP EPS $1.28, EPS excluding Special Items $1.35; GAAP operating profit +6%, core operating profit +10%.
Yum! Brands Q1: core op profit +6%; digital sales mix >50%; 808 new units
GAAP EPS $1.10; adjusted EPS $1.15; GAAP operating profit -1%, core operating profit +6%.
Yum! Brands Q4 ex-special EPS $1.26 (-5% YoY); FY23 EPS $5.17 (+14%); record 4,754 unit openings
Q4 ex-special EPS $1.26 (-5% YoY) due to $0.23 tax headwind; GAAP EPS $1.62 (+26%).
Yum! Brands Q3: 10% system sales growth, GAAP EPS $1.46, core operating profit up 16%
GAAP EPS $1.46 ($1.44 ex special items); 10% worldwide system sales growth (6% same-store, 6% unit growth).
Yum! Brands Q2 GAAP EPS $1.46, system sales +13%, same-store sales +9%
GAAP EPS $1.46 vs $0.77; adj. EPS $1.41 vs $1.06; core operating profit +12%.
Yum! Brands Q1: system sales +13% ex-Russia, 8% same-store; adj. EPS $1.06 flat YoY
Worldwide system sales grew 13% excluding Russia impact; same-store sales +8%, unit growth +5%.
Yum! Q4 adj EPS $1.31 (+29% YoY), record 4,560 new units in 2022, boosts dividend to $0.605
Q4 GAAP EPS $1.29 (+17% YoY); adjusted EPS $1.31 (+29% YoY). Full-year adj EPS $4.51 (+1% YoY).
Yum! Brands discloses ransomware attack; 300 UK stores closed 1 day, data taken but no customer data
Ransomware attack on Jan 18, 2023; containment measures, investigation, and law enforcement notified.
Yum! Brands Q3 system sales +7% ex-FX; GAAP EPS $1.14, down 35% YoY
Worldwide system sales ex-FX grew 7% with 5% same-store sales and 979 gross unit openings.
Yum! Brands Q2 GAAP EPS $0.77 (-40% YoY); Russia exit removes 1,165 units
GAAP EPS $0.77 (-40% YoY); adjusted EPS $1.05 (-9% YoY).
Aaron Powell, the Chief Executive Officer of the Pizza Hut business of Yum! Brands, Inc. (the “ Company ”), resigned from his position as Pizza Hut CEO and all other positions with the Company effective September 1, 2026, in connection with the closing of the Pizza Hut Transaction (as defined below).
On August 20, 2026, the Board of Directors of Yum! Brands, Inc. (the "Company") appointed Steve Bratspies as a director.
On June 2, 2026, YUM! Brands, Inc. (the “Company”) announced that Tracy Skeans will transition from her roles as Chief Operating Officer and Chief People & Culture Officer effective on November 1, 2026 (the “Transition Date”).
elected Christopher Turner, currently Chief Financial and Franchise Officer of the Company, as Chief Executive Officer of the Company, effective October 1, 2025
David Gibbs, who, in March 2025, informed the Board of Directors of his intention to retire in the next year after 37 years with the Company and a successful tenure as CEO.
On March 26, 2025, David Gibbs, the Company’s Chief Executive Officer, informed the Board of Directors of his intention to retire in 2026.
Scott Mezvinsky, currently the President of Taco Bell North America and International of the Taco Bell Division of the Company will become Chief Executive Officer of KFC on March 1, 2025.
Mr. Sabir Sami, Chief Executive Officer of the KFC Division (“KFC”) of Yum! Brands, Inc. (the “Company”), informed the Company that he plans to resign as Chief Executive Officer of KFC on March 1, 2025.
On July 18, 2023, the Board of Directors of Yum! Brands, Inc. (the “Company”) appointed Brett Biggs and Susan Doniz as directors.
On July 18, 2023, the Board of Directors of Yum! Brands, Inc. (the “Company”) appointed Brett Biggs and Susan Doniz as directors.
Sean Tresvant, currently the Taco Bell Global Chief Brand and Strategy Officer, will become Chief Executive Officer of Taco Bell on January 1, 2024.
On June 27, 2023, Mr. Mark King, Chief Executive Officer of the Taco Bell Division (“Taco Bell”) of Yum! Brands, Inc. (the “Company”), informed the Company that he plans to retire as Chief Executive Officer of Taco Bell on December 31, 2023.
Max materiality 0.95 · Median 0.60 · Most common event earnings