Yum Brands Reports Q4 Earnings Beat, Revenue Tops Estimates
Louisville, Ky. - Yum Brands Inc. (NYSE: YUM) reported fourth-quarter earnings of $423 million, or $1.49 per share. Adjusted earnings came to $1.61 per share, surpassing analyst expectations of $1.58 per share.
Revenue for the period reached $2.36 billion, exceeding estimates of $2.32 billion.
The results were driven by strong performance at KFC, Taco Bell, and Pizza Hut.
Yum Brands' performance reflects the continued resilience of the restaurant industry amidst macroeconomic challenges.