Yum! Brands Earnings Recap

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4th Quarter 2018

Yum! Brands reported earnings with continued sales momentum. That said, some costs were elevated, including investments in the Grubhub partnership.

Financial Highlights

  • KFC Sales +7%; Same-restaurant sales +3%
  • Pizza Hut Sales +2%; Same-restaurant sales Flat
  • Taco Bell Sales +9%; Same-restaurant sales +6%
  • Opened 865 net new units and added 1,282 Telepizza units
  • Refranchised 331 units; 227 KFC, 104 Taco Bell

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