Shake off the post-holiday blues by trying the new Spicy Mac & Cheese and Honey BBQ Chicken Wraps and adding on a free wrap in the KFC appLOUISVILLE, Ky., Jan. 2, 2024 /PRNewswire-HISPANIC PR WIRE/ -- Kentucky Fried Chicken® is bringing big flavor and a boost of joy this January by introducing two brand-new varieties of its popular two-for-$5 KFC Wraps lineup – Honey BBQ and Spicy Mac & Cheese. The new wraps join the Mac & Cheese Wrap recently introduced in November and the original Classic and Spicy Slaw C ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 1-13163 ________________________ YUM! BRANDS, INC. (Exact name of registrant as specified in its ...

Financial Data and Key Metrics Changes - The company achieved 10% system sales growth, driven by 6% same-store sales growth and 6% unit growth [5][18] - Core operating profit grew by 16%, with Taco Bell achieving 24% restaurant-level margins [6][18] - Digital sales exceeded $7 billion, marking a year-over-year increase of over 20% [5][18] Business Line Data and Key Metrics Changes - KFC division reported 12% system sales growth, with 8% unit growth and 6% same-store sales growth [8] - Taco Bell delivered 11% system sales growth, led by 8% same-store sales growth and 5% unit growth [10] - Pizza division grew system sales by 4%, driven by 4% unit growth and 1% same-store sales growth [13] - Habit Burger Grill saw system sales grow by 4%, supported by 8% unit growth [14] Market Data and Key Metrics Changes - KFC International has the most units among quick service restaurants in 60 countries, with significant growth in emerging markets [6][8] - Taco Bell International achieved 16% system sales growth, driven by 23% unit growth and 1% same-store sales growth [12] - The UK market faced consumer pressures, but local strategies like value offers have resonated well [36] Company Strategy and Development Direction - The company focuses on building sales layers through new category entry points and leveraging technology to drive brand loyalty [7][17] - There is a strong emphasis on digital sales and technology integration to enhance operational efficiency and customer experience [25][28] - The company aims to capture a greater share of the growing global QSR market and deliver compelling shareholder value [17][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating consumer pressures across various markets, noting continued strong performance [35][38] - The company anticipates achieving low double-digit core operating profit growth for the full year [20][32] - There is optimism regarding Taco Bell's growth potential, particularly with new menu offerings and loyalty program enhancements [49][52] Other Important Information - The company opened a record 1,130 gross new units in Q3 across 65 countries [5][21] - The Habit Burger Grill is set to launch a new value platform called Simple Crafts [14] - The company is focused on reducing greenhouse gas emissions and enhancing community engagement through various initiatives [16] Q&A Session All Questions and Answers Question: Broader consumer spending backdrop - Management noted that despite pressures, the company has seen consistent double-digit system sales growth globally, with Taco Bell performing particularly well across income demographics [35][38] Question: Yum! as a technology services provider - The company has seen significant growth in digital sales and continues to invest in technology to drive profitability for franchisees [40][41] Question: Technology hub impact on franchisee margins - Management highlighted the ongoing digital strategy and its potential to enhance labor productivity and franchisee profitability [46][47] Question: Taco Bell's growth potential - The company is optimistic about Taco Bell's future, focusing on loyalty programs and new menu items to drive growth [48][49] Question: Taco Bell's international expansion - Management expressed excitement about Taco Bell's international growth, emphasizing the importance of building the brand correctly in new markets [56] Question: NLRB joint employer ruling impact - Management acknowledged the potential impact of the ruling but expressed confidence in navigating regulatory changes due to the strength of their franchisee relationships [59][60] Question: KFC and Pizza Hut positioning in the US - Both brands are making progress in their respective categories, with KFC focusing on new product offerings and Pizza Hut leveraging delivery services [62][64] Question: Delivery versus carryout performance for Pizza Hut - Management indicated that both delivery and carryout are important, with a focus on value offerings to drive sales amid competitive pressures [66]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a ...

Yum! Brands, Inc. (NYSE:YUM) Q2 2023 Earnings Conference Call August 2, 2023 8:15 AM ET Company Participants Jodi Dyer - VP, Investor Relations David Gibbs - CEO & Director Christopher Turner - CFO Dave Russell - SVP and Corporate Controller Conference Call Participants Dennis Geiger - UBS Brian Bittner - Oppenheimer & Co Jon Tower - Citi John Ivankoe - JPMorgan Chase & Co. David Palmer - Evercore ISI Brian Harbour - Morgan Stanley David Tarantino - Robert W. Baird & Co. Operator Hello, everyone, and welcom ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 1-13163 ________________________ YUM! BRANDS, INC. (Exact name of registrant as specified in its cha ...

Yum! Brands, Inc. (NYSE:YUM) Q1 2023 Earnings Conference Call May 3, 2023 8:15 AM ET Company Participants Jodi Dyer - VP, Investor Relations David Gibbs - CEO & Director Christopher Turner - CFO Dave Russell - SVP and Corporate Controller Conference Call Participants Gregory Francfort - Guggenheim Securities Brian Bittner - Oppenheimer Jon Tower - Citigroup John Ivankoe - JPMorgan Chase & Co. Dennis Geiger - UBS David Palmer - Evercore ISI Andrew Charles - TD Cowen and Company Jeffrey Bernstein - Barclays D ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 1-13163 YUM! BRANDS, INC. (Exact name of registrant as specified in its charter) North Carolina 13-3951308 (State or ...

Yum! Brands, Inc. (NYSE:YUM) Q4 2022 Earnings Conference Call February 8, 2023 8:15 AM ET Company Participants Gavin Felder - Chief Strategy Officer David Gibbs - CEO & Director Christopher Turner - CFO Conference Call Participants David Tarantino - Robert W. Baird & Co. Dennis Geiger - UBS Andrew Charles - Cowen and Company David Palmer - Evercore ISI Jon Tower - Citigroup John Ivankoe - JPMorgan Chase & Co. Gregory Francfort - Guggenheim Securities Operator Hello, everyone, and welcome to the Yum! Brands, ...