Yum! Brands: 9% drop in EPS in the 2nd quarter


(CercleFinance.com) – Yum! Brands publishes adjusted EPS for the second quarter of 2022 down 9% to $1.05, for worldwide system sales excluding currency effects up 3%, including comparable sales growth of 1%.

The catering group saw its comparable sales driven mainly by its Taco Bell brand (+10%), while those of KFC (+1%) and Pizza Hut (stable) remained generally sluggish year on year. other.

“Our system sales increased by 5% outside of Russia, thanks to a sustained development dynamic and despite a complex environment,” underlines CEO David Gibbs, who also highlights digital sales approaching six billion dollars.

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