26 Followers USX:YUM - Yum Brands Inc Yum! Brands Inc
Sector: Consumer Discretionary, Industry: Restaurants
Next Earnings: 1 May 2024
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USD 137.32    +2.52 (+1.87%)

27 Mar 2024


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General

CEO: Mr. David W. Gibbs

IPO: 1997-09-17

Headquarters: US

Employees: 36,000

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Description

Yum Brands is a U.S.-based restaurant operator featuring a portfolio of four brands: KFC (29,900 global units at year-end 2023), Pizza Hut (19,866 units), Taco Bell (8,564 units), and The Habit Burger Grill (381 units). With $64 billion in 2023 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald’s ($130 billion), ahead of Restaurant Brands International and Starbucks ($29 billion). Yum is 98% franchised, with the largest franchisee, Yum China, spun out in 2016 (after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity). Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.

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