Hut Division News Today

Yum! Brands' shares decline after missing Q1 earnings, despite robust unit growth and record digital sales mix.

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)--Nov 1, 2023--

Broad-Based Global Strength Resulting in 13% System Sales Growth excluding Russia Impact; 8% Same-Store Sales Growth and Record Digital System Sales With Digital Mix Exceeding 45% ... | May 3, 2023

Yum! Brands Q4 Results Top Estimates Both adjusted earnings per share and quarterly revenues topped analysts expectations. David Gibbs, CEO, said Yum! enters 2021 a stronger company primed to profitably grow system sales this year and beyond. Yum! Brands fourth-quarter net income dropped 32 percent to $332 million or $1.08 per share from $488 million or $1.58 per share in the prior year. Earnings per share, excluding special items, for the fourth-quarter was $1.15 compared to $1.00 in the prior...

Photo: iStock Feb. 4, 2021 The fourth quarter of 2020 worked out pretty well for Louisville, Kentucky-based Yum Brands, which beat analysts estimates thanks to Taco Bell, which recorded a 1% sales increase to $3.67 million. Sister brands, Pizza Hut and KFC, were dragged down by their international sales declines, according to a company press release. YUM earnings per share handily topped analysts prediction of $1.01 per share by coming in at $1.15 per share adjusted. Thats a 15% gain over the p...