Yum! Brands (YUM) Misses Q4 EPS by 15c
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Yum! Brands Reports Fourth-Quarter and Full-Year Results
February 7, 2024 7:00 AM ESTIndustry Record Full-Year 4,754 Gross Unit Openings Translating to 6% Unit Growth
Full-Year System Sales Grew 10% with 22% Digital Sales Growth
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today reported results for the fourth quarter and year ended December 31, 2023. Fourth-quarter worldwide system sales, excluding foreign currency translation, grew 5%, with 6% unit growth and 1% same-store sales growth. Full-year worldwide system sales, excluding foreign currency translation, grew 10%, with 6% unit growth and 6% same-store sales growth. Full-year GAAP Operating Profit growth was 6%. Full-year Core Operating Profit growth was 12%.... More
