Yum! Brands (YUM) Misses Q3 EPS by 7c
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Yum! Brands Reports Third-Quarter Results
November 2, 2022 7:00 AM EDT10% System Sales Growth Excluding Russia Impact;
Led by 5% Same-Store Sales Growth with 979 Gross Unit Openings
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today reported results for the third quarter ended September 30, 2022. Worldwide system sales excluding foreign currency translation grew 7%, with 5% same-store sales growth and 4% unit growth. Third quarter GAAP operating profit grew 4%. Third quarter core operating profit grew 8% including a 3-point headwind from Russia. Third quarter GAAP EPS was $1.14 and third quarter EPS excluding Special Items was $1.09. Our year-over-year EPS... More
