Yum! Brands, Inc. (NYSE: YUM) reported its fourth quarter 2024 earnings results today.
Total revenues increased 16% year-over-year to $2.36 billion.
Net income decreased 9% to $423 million while earnings per share fell 8% to $1.49 compared to last year. Adjusted EPS grew 28% to $1.61.
Revenue and earnings beat expectations, sending the stock rising over 2% in premarket hours on Thursday.
Worldwide system sales grew 8%.
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The company approved a dividend of $0.71 per share of common stock, an increase of 6%. The quarterly dividend will be distributed on March 7, 2025 to shareholders of record as of February 21, 2025.
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