Yum! Brands (YUM): Q4 2019 Earnings Snapshot

— Yum! Brands Inc. (NYSE: YUM)
reported Q4 2019 earnings of $1.00 per share, vs. $1.13 expected.

— Revenues grew 9% to $1.7 billion, vs. $1.65 billion expected.

— Worldwide system sales, excluding foreign currency
translation grew 10%.   

— Consolidated same-store sales grew 2%.

— Net new units grew 4%.

— Pizza Hut revenues grew 8% to $297 million.

— Taco Bell revenues increased 11% to $665 million.

— KFC revenues rose 7% to $732 million.

— YUM shares fell 0.45% immediately following the
announcement.

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