Wednesday, 7 August 2024

Key metrics from Yum! Brands’ (YUM) Q2 2024 earnings results

by Rose White

Yum! Brands, Inc. (NYSE: YUM) reported its second quarter 2024 earnings results today.

Total revenues increased 4% year-over-year to $1.76 billion.

Worldwide same-store sales were down 1%.

Net income decreased 12% to $367 million, or $1.28 per share, compared to last year. Adjusted EPS fell 4% to $1.35.

Earnings beat estimates but revenue fell short.

Worldwide system sales increased 3% while unit count increased 5% in the quarter.

The stock rose over 4% on Tuesday.

Prior performance

The post Key metrics from Yum! Brands’ (YUM) Q2 2024 earnings results first appeared on AlphaStreet.

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