Yum! Brands, Inc. (NYSE: YUM) reported its second quarter 2024 earnings results today.
Total revenues increased 4% year-over-year to $1.76 billion.
Worldwide same-store sales were down 1%.
Net income decreased 12% to $367 million, or $1.28 per share, compared to last year. Adjusted EPS fell 4% to $1.35.
Earnings beat estimates but revenue fell short.
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Worldwide system sales increased 3% while unit count increased 5% in the quarter.
The stock rose over 4% on Tuesday.
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