Yum! Brands, Inc. (NYSE: YUM) reported third quarter 2023 earnings results today.
Total revenues increased 4% year-over-year to $1.70 billion. Same-store sales grew 6%.
GAAP net income grew 26% to $416 million while EPS rose 27% to $1.46. Adjusted EPS was $1.44.
Earnings beat expectations but revenue fell short.
Worldwide system sales grew 10%.
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The stock fell over 2% in premarket hours on Wednesday.
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