Yum! Brands Reports Solid Fourth-Quarter Results and Completion of Strategic Transformation; System Sales Growth of 10%; Same-Store Sales Growth of 2%; GAAP Operating Profit Decline of (26)%; Core Ope

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Go back to Yum! Brands Reports Solid Fourth-Quarter Results and Completion of Strategic Transformation; System Sales Growth of 10%; Same-Store Sales Growth of 2%; GAAP Operating Profit Decline of (26)%; Core Ope

Yum! Brands (YUM) Misses Q4 EPS by 13c, Revenues Beat

February 6, 2020 7:06 AM EST

Yum! Brands (NYSE: YUM) reported Q4 EPS of $1.00, $0.13 worse than the analyst estimate of $1.13. Revenue for the quarter came in at $1.69 billion versus the consensus estimate of $1.65 billion.

Worldwide system sales excluding foreign currency translation grew 10%, with Taco Bell at 13%, KFC at 11% and Pizza Hut at 7%.We repurchased 3.2 million shares totaling $333 million at an average price per share of $103.Foreign currency translation unfavorably impacted divisional operating profit by $3 million.

DAVID GIBBS &... More