YUM · Consumer
YUM BRANDS INC
Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window
News · 2026-08-08
- Food Safety Supply DisruptionImportance 44 · Surprise 42A cyclospora outbreak was epidemiologically linked to Taylor Farms iceberg lettuce served at Taco Bell locations, with more than 6,700 people infected across 45 U.S. states and Michigan identified as a major epicenter.…
- Regulatory RiskImportance 44 · Surprise 42Michigan health authorities contacted Yum Brands about a Cyclospora outbreak associated with Taco Bell locations in early July 2026. Documents reported by Bloomberg indicated that officials held a call with the company…
8-K · 2026-08-07
- Acquisition / Partnership / DivestitureImportance 71 · Surprise 60Yum! Brands completed the sale of Pizza Hut China, covering Mainland China, to Yum China Holdings for $1.2 billion on August 7, 2026. The transaction is one of two previously announced definitive agreements to sell…
News · 2026-08-07
- Acquisition / Partnership / DivestitureImportance 71 · Surprise 60Yum Brands completed the sale of Pizza Hut in Mainland China to Yum China Holdings for $1.2 billion on August 7, 2026. The transaction is one of two agreements totaling $2.7 billion, with LongRange Capital acquiring…
- Revenue Performance and MixImportance 26 · Surprise 24Yum Brands reported Q2 2026 revenue of $2.169 billion and diluted EPS of $3.08. Net income increased to $853 million, supported by company sales growth, strong same-store sales at KFC and Taco Bell, and continued unit…
News · 2026-08-06
- Acquisition / Partnership / DivestitureImportance 71 · Surprise 60Yum Brands completed the sale of Pizza Hut in Mainland China to Yum China Holdings for $1.2 billion on August 7, 2026. The transaction is one of two agreements totaling $2.7 billion, with LongRange Capital acquiring…
- Regulatory RiskImportance 44 · Surprise 42Michigan health authorities contacted Yum Brands about a Cyclospora outbreak associated with Taco Bell locations in early July 2026. Documents reported by Bloomberg indicated that officials held a call with the company…
10-Q · 2026-08-05
- Income Tax Rate ChangesImportance 96 · Surprise 100The GAAP effective tax rate was negative 60.1% in the quarter versus 25.1% a year earlier and negative 22.5% year to date versus 32.4%, reflecting significant tax benefits. YUM recorded a $359 million net deferred tax…
- Pizza Hut DivestituresImportance 71 · Surprise 60YUM entered definitive agreements on June 16, 2026 to sell Pizza Hut Ex-China to LongRange Capital and Pizza Hut Mainland China to Yum China Holdings. The transactions are expected to close in August 2026 and should…
- Capital Return ProgramImportance 71 · Surprise 60YUM repurchased 4.345 million shares for $2,296 million during the six months ended June 30, 2026. The May 2024 authorization had $0.4 billion of remaining capacity at June 30, 2026 and remained available through…
- IRS Tax DisputeImportance 71 · Surprise 60Following an IRS audit of fiscal years 2013 through 2015, the IRS proposed approximately $2.1 billion of additional tax and $418 million of penalties for fiscal year 2014, plus approximately $2.3 billion of accrued…
- Liquidity and Debt PositionImportance 56 · Surprise 24YUM had $11.5 billion of total debt outstanding, excluding the Revolving Facility, finance leases and debt issuance costs and discounts, as of June 30, 2026. Approximately 96% of this debt, including interest-rate…
- Interest Rate and Refinancing ExposureImportance 56 · Surprise 24YUM had $12.336 billion of debt obligations at June 30, 2026, including $2.823 billion classified as short-term borrowings and $9.462 billion of long-term debt. The Term Loan A and Revolving Facility mature on the…
- Operating Profit and MarginsImportance 54 · Surprise 40Year-to-date operating profit increased 11.0% to $1,299 million from $1,170 million for the comparable 2025 period. Total costs and expenses increased to $2,930 million from $2,550 million, primarily reflecting higher…
- Revenue Performance and MixImportance 49 · Surprise 32Worldwide system sales excluding foreign currency increased 5% in the quarter and 6% year to date, while same-store sales rose 3% in both periods. KFC system sales excluding FX increased 6% in the quarter and year to…
- Geographic Revenue ConcentrationImportance 47 · Surprise 22United States revenue increased 14.0% to $2,306 million year to date from $2,023 million in the comparable 2025 period. The United States represented approximately 54.5% of total 2026 revenue, making it YUM’s largest…
- FX / Currency ImpactImportance 44 · Surprise 24Foreign currency translation favorably impacted Divisional Operating Profit by $16 million in the quarter and $41 million year to date ended June 30, 2026. Currency translation reduced reported system sales relative to…
- Segment ProfitabilityImportance 42 · Surprise 40Worldwide GAAP operating profit increased 5% in the quarter and 11% year to date, while core operating profit increased 5% and 6%, respectively. KFC operating profit rose 13% in the quarter and 14% year to date, and…
- Lettuce Recall and Public Health IssueImportance 34 · Surprise 42On July 17, 2026, Taco Bell U.S. removed certain lettuce supplied by Taylor Farms after the vendor issued a recall following communications with state and federal health officials. The lettuce was removed nationwide…
- Geographic Market CommentaryImportance 25 · Surprise 32KFC had 34,747 units, with 90% located outside the U.S., and its franchise same-store sales increased 2% in the quarter and year to date. Taco Bell had 9,046 units, 86% located in the U.S., and generated franchise…
- Operating Expense TrendsImportance 20 · Surprise 24Corporate and Unallocated general and administrative expense increased in the quarter and year to date because of Pizza Hut strategic-review costs, partly offset by the prior-year resource-optimization and…
- Distribution ChannelsImportance 10 · Surprise 6Pizza Hut uses multiple distribution channels, including delivery, dine-in and express locations such as airports. The system also includes restaurants operating under both the Pizza Hut and Telepizza brands,…
News · 2026-08-05
- Acquisition / Partnership / DivestitureImportance 71 · Surprise 60Yum Brands completed the sale of Pizza Hut in Mainland China to Yum China Holdings for $1.2 billion on August 7, 2026. The transaction is one of two agreements totaling $2.7 billion, with LongRange Capital acquiring…
- Revenue Performance and MixImportance 26 · Surprise 24Yum Brands reported Q2 2026 revenue of $2.169 billion and diluted EPS of $3.08. Net income increased to $853 million, supported by company sales growth, strong same-store sales at KFC and Taco Bell, and continued unit…
- Competition and Market ShareImportance 15 · Surprise 14Domino's was identified as the world's best-selling pizza chain in 2026, ahead of Pizza Hut and Papa John's. Domino's operates approximately 15,300 stores globally and reported 4.3% revenue growth in the second…
News · 2026-08-04
- Capital Return ProgramImportance 58 · Surprise 42Yum Brands authorized a $4 billion share repurchase program following its Q2 2026 earnings report. The planned Pizza Hut divestiture is expected to produce approximately $2.3 billion in net proceeds for debt repayment…
- Digital Channel and Delivery GrowthImportance 46 · Surprise 42Yum Brands' digital platform spans restaurant ordering, loyalty and operating functions and is described as a nearly $9 billion digital growth engine. Taco Bell's digital-sales initiatives were cited as a long-term…
- Food Safety Supply DisruptionImportance 44 · Surprise 42A cyclospora outbreak was epidemiologically linked to Taylor Farms iceberg lettuce served at Taco Bell locations, with more than 6,700 people infected across 45 U.S. states and Michigan identified as a major epicenter.…
- Competition and Market ShareImportance 15 · Surprise 14Domino's was identified as the world's best-selling pizza chain in 2026, ahead of Pizza Hut and Papa John's. Domino's operates approximately 15,300 stores globally and reported 4.3% revenue growth in the second…