YUM Earnings: Key quarterly highlights from Yum Brands’ Q1 2023 financial results

Yum! Brands, Inc. (NYSE: YUM) reported first quarter 2023 earnings results today.

Total revenues increased 6% year-over-year to $1.64 billion.

Net income decreased 25% to $300 million, or $1.05 per share, compared to last year. Adjusted EPS was $1.06.

Same-store sales grew 8% during the quarter.

Prior performance