Yum! Brands (YUM) shares gain despite disappointing Q4 sales

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Yum! Brands Reports Fourth-Quarter and Full-Year Results

February 7, 2024 7:00 AM EST

Industry 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

UNLOCK FREE FRIED CHICKEN WITH NEW KFC REWARDS PROGRAM - ORDER ON KFC.COM AND THE KFC APP TO START EARNING POINTS

February 6, 2024 8:00 AM EST

Sign up for KFC Rewards, order a Smash'd Potato Bowl and get another for free

LOUISVILLE, Ky., Feb. 6, 2024 /PRNewswire/ -- Do you dream of free fried chicken? Do you like a finger lickin' good deal? If you answered yes to either of these questions, the new KFC Rewards program is here for you!

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AHEAD OF VALENTINE'S DAY, PIZZA HUT WILL HELP YOU BREAK UP WITH YOUR PARTNER SO THAT YOU DON'T HAVE TO, WITH NEW HOT HONEY 'GOODBYE PIES'

February 6, 2024 7:02 AM EST

This Red Tuesday, Hot Honey Pizza will Help Deliver Spicy News in a Sweet Way to Ease Heartbreaks

PLANO, Texas, Feb. 6, 2024 /PRNewswire/ -- Today, Pizza Hut announces a new Valentine's Day offering, "Goodbye Pies" with the launch of its new sweet yet spicy... More