Yum! Brands (YUM) shares edge higher after topping earnings expectations

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Go back to Yum! Brands (YUM) shares edge higher after topping earnings expectations

Yum! Brands Reports Fourth-Quarter Results and Increases Dividend

February 8, 2023 7:00 AM EST

Industry Record Full-Year 4,560 Gross Unit Openings

Fourth-Quarter System Sales Growth of 10% excluding Russia Impact

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today reported results for the fourth-quarter and year ended December 31, 2022. Fourth-quarter GAAP EPS was $1.29, an increase of 17%. Fourth-quarter EPS excluding Special Items was $1.31, an increase of 29%. Full-year GAAP EPS was $4.57, a decrease of (12)%. Full-year EPS excluding Special Items was $4.51, an increase of 1%. Full-year GAAP Operating Profit growth was 2%. Full-year Core Operating Profit1 growth was 6%, including a 2-point... More