Yum! Brands, Inc. (NYSE: YUM) reported its third quarter 2024 earnings results today.
Total revenues grew 7% year-over-year to $1.82 billion.
Net income decreased 8% to $382 million, or $1.35 per share, compared to last year. Adjusted EPS fell 5% to $1.37.
Revenue and earnings missed expectations.
Worldwide system sales grew 1% while same-store sales fell 2% in Q3.
The stock was down over 1% in premarket hours on Tuesday.