Financial Results Announcement - Yum! Brands, Inc. will release its fourth quarter financial results on February 7, 2024, at 7:00 a.m. ET, followed by a conference call at 8:15 a.m. ET to discuss financial performance and strategies [1] - The conference call will be accessible via specific phone numbers for U.S., Canada, and international callers, with a conference ID provided for identification [1] Playback and Webcast Information - The conference call will be available for playback starting at 10:00 a.m. ET on February 7, 2024, until February 14, 2024, with dedicated phone numbers for accessing the playback [2] - The webcast of the earnings call can be accessed through the Yum! Brands website [2] Company Overview - Yum! Brands operates over 57,000 restaurants in more than 155 countries and territories, with brands including KFC, Taco Bell, Pizza Hut, and the Habit Burger Grill [3] - KFC, Taco Bell, and Pizza Hut are recognized as global leaders in their respective food categories, and in 2023, these brands ranked in the top five of Entrepreneur's Top Global Franchises Ranking [3] - Yum! Brands has received multiple recognitions in 2023, including inclusion in the Bloomberg Gender-Equality Index and the Dow Jones Sustainability Index North America, among others [3]

LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) Board of Directors approved an 11% increase in the company’s quarterly dividend. The quarterly cash dividend will increase from $0.605 to $0.67 per share of common stock and be distributed March 8, 2024 to shareholders of record at the close of business on February 21, 2024. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 57,000 restaurants in more than 155 countries and territories ...

Core Insights - Pizza Hut anticipates 2024 will feature a rise in spicy flavors and toppings, with a focus on sweet and spicy pizza offerings, particularly the introduction of Hot Honey Pizza and Hot Honey Wings [1][2] Consumer Trends - On average, individuals consume pizza three times a month, with North Dakota leading at 3.5 times. The average consumption is approximately 8 slices monthly, with Wisconsin consuming the most at 10 slices [3] - 47% of consumers prefer large pizzas, leading to an annual consumption of 288 slices per person, equivalent to 480 gallons [3] Crust and Sauce Preferences - Thin crust is expected to grow in popularity, currently preferred by 28% of consumers, followed by stuffed crust (20%) and thick crust (14%) [4] - Ranch is the most popular dipping sauce at 38%, followed by garlic sauce (27%) and hot sauce (8%) [4] Flavor and Topping Trends - Sweet and spicy pairings on menus have increased by 38% in the last year, with hot honey projected to be a leading flavor by 2027 [5] - Pepperoni remains the top meat topping at 42%, while consumers are open to trying unusual toppings like pineapple (44%) and chili peppers (21%) [5] Consumer Habits - 31% of survey participants plan to eat more pizza in 2024, with Fridays being the most popular day for orders at 47% [7] - Cold leftover pizza is favored by 74% of people, and 23% frequently pair wings with their pizza orders [7] Survey Methodology - The insights are based on a random double-opt-in survey of 5,000 American adults conducted by OnePoll between December 22, 2023, and January 5, 2024 [8]

KFC is one of the world's largest restaurant chains, with more than 29,000 locations and a new outlet opening every three and a half hours, according to Yum! Brands.But while much of the brand's early success came from the U.S., today the majority of its growth is in China.KFC China recently celebrated the opening of its 10,000th store in the city of Hangzhou, about an hour outside of Shanghai. By comparison the U.S. has a little over 4,300 KFC locations.Known in China for more than just chicken, a typical ...

LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) today announced the promotion of Joe Park to Chief Digital & Technology Officer, reporting to Chris Turner, Yum! Brands Chief Financial Officer, effective March 1, 2024. Park, who most recently served as Chief Digital & Technology Officer for Pizza Hut Global, succeeds Clay Johnson, who will continue with Yum! Brands as a Senior Advisor. As CDTO, Park will join the Yum! Brands Global Leadership Team and oversee the Company’s global technology s ...

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 ...