Yum! Brands Reports First-Quarter Results [Yahoo! Finance]
Yum! Brands, Inc. (YUM)
Last yum! brands, inc. earnings: 4/29 07:00 am
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Source: Yahoo! Finance
LOUISVILLE, Ky., May 01, 2024 BUSINESS WIRE )--Yum! Brands, Inc. (NYSE: YUM) today reported results for the first quarter ended March 31, 2024. Worldwide system sales, excluding foreign currency translation, grew 2%, with 6% unit growth and a 3% same-store sales decline. First-quarter GAAP operating profit declined 1% and first-quarter core operating profit grew 6%. First-quarter GAAP EPS was $1.10 and first-quarter EPS excluding Special Items was $1.15. First-quarter EPS includes negative after-tax impacts of $0.08 from investment losses and $0.03 from foreign currency translation. DAVID GIBBS COMMENTS David Gibbs, CEO, said "Despite a difficult operating environment, we delivered 6% Core Operating Profit growth demonstrating the resilience of our business model. As expected, same-store sales were pressured this quarter, but we are encouraged by strong 2-year same-store sales growth and positive momentum exiting the quarter. First-quarter unit growth was robust with over 800 new
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YUM
Earnings
- 5/1/24 - Miss
YUM
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 144
- 5/7/24 - Form 10-Q
- YUM's page on the SEC website