Yum! Brands Q3 2024 10-Q Filing

Ticker: YUM · Form: 10-Q · Filed: 2024-11-07T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, earnings, restaurants

TL;DR

YUM 10-Q filed. Q3 financials out, covering KFC, Pizza Hut, Taco Bell performance.

AI Summary

Yum! Brands, Inc. filed its 10-Q for the period ending September 30, 2024. The filing details financial performance across its various restaurant brands, including KFC, Pizza Hut, and Taco Bell. Key financial metrics and operational updates for the third quarter and year-to-date periods are presented.

Why It Matters

This filing provides investors and analysts with the latest financial and operational data for Yum! Brands, crucial for understanding the company's performance and future outlook in the competitive quick-service restaurant industry.

Risk Assessment

Risk Level: low — This is a routine quarterly financial filing providing standard disclosures.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The Conformed Period of Report is 20240930, meaning the filing covers the period up to September 30, 2024.

When was this 10-Q filing submitted to the SEC?

The filing was submitted on 20241107.

What are the primary restaurant brands operated by Yum! Brands, Inc. as indicated in the filing context?

The filing context mentions KFC, Pizza Hut, and Taco Bell as key brands.

What is the fiscal year end for Yum! Brands, Inc.?

The fiscal year end for Yum! Brands, Inc. is 1231.

What is the Standard Industrial Classification code for Yum! Brands, Inc.?

The Standard Industrial Classification code is RETAIL-EATING PLACES [5812].

From the Filing

0001041061-24-000039.txt : 20241107 0001041061-24-000039.hdr.sgml : 20241107 20241107155136 ACCESSION NUMBER: 0001041061-24-000039 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241107 DATE AS OF CHANGE: 20241107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: YUM BRANDS INC CENTRAL INDEX KEY: 0001041061 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 133951308 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-13163 FILM NUMBER: 241435273 BUSINESS ADDRESS: STREET 1: 1441 GARDINER LANE CITY: LOUISVILLE STATE: KY ZIP: 40213 BUSINESS PHONE: 5028748300 MAIL ADDRESS: STREET 1: 1900 COLONEL SANDERS LANE CITY: LOUISVILLE STATE: KY ZIP: 40213 FORMER COMPANY: FORMER CONFORMED NAME: TRICON GLOBAL RESTAURANTS INC DATE OF NAME CHANGE: 19970627 FORMER COMPANY: FORMER CONFORMED NAME: GREAT AMERICAN RESTAURANT CO DATE OF NAME CHANGE: 19970618 10-Q 1 yum-20240930.htm 10-Q yum-20240930 0001041061 12-31 false 2024 Q3 2025-03-01 xbrli:shares iso4217:USD iso4217:USD xbrli:shares yum:restaurants yum:countries_and_territiories utr:Rate yum:operating_segments yum:Months yum:days xbrli:pure 0001041061 2024-01-01 2024-09-30 0001041061 2024-11-01 0001041061 us-gaap:ProductMember 2024-07-01 2024-09-30 0001041061 us-gaap:ProductMember 2023-07-01 2023-09-30 0001041061 us-gaap:ProductMember 2024-01-01 2024-09-30 0001041061 us-gaap:ProductMember 2023-01-01 2023-09-30 0001041061 us-gaap:FranchiseMember 2024-07-01 2024-09-30 0001041061 us-gaap:FranchiseMember 2023-07-01 2023-09-30 0001041061 us-gaap:FranchiseMember 2024-01-01 2024-09-30 0001041061 us-gaap:FranchiseMember 2023-01-01 2023-09-30 0001041061 us-gaap:AdvertisingMember 2024-07-01 2024-09-30 0001041061 us-gaap:AdvertisingMember 2023-07-01 2023-09-30 0001041061 us-gaap:AdvertisingMember 2024-01-01 2024-09-30 0001041061 us-gaap:AdvertisingMember 2023-01-01 2023-09-30 0001041061 2024-07-01 2024-09-30 0001041061 2023-07-01 2023-09-30 0001041061 2023-01-01 2023-09-30 0001041061 2023-12-31 0001041061 2022-12-31 0001041061 2024-09-30 0001041061 2023-09-30 0001041061 us-gaap:CommonStockMember 2024-06-30 0001041061 us-gaap:RetainedEarningsMember 2024-06-30 0001041061 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0001041061 2024-06-30 0001041061 us-gaap:RetainedEarningsMember 2024-07-01 2024-09-30 0001041061 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-07-01 2024-09-30 0001041061 us-gaap:CommonStockMember 2024-07-01 2024-09-30 0001041061 us-gaap:CommonStockMember 2024-09-30 0001041061 us-gaap:RetainedEarningsMember 2024-09-30 0001041061 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-09-30 0001041061 us-gaap:CommonStockMember 2023-12-31 0001041061 us-gaap:RetainedEarningsMember 2023-12-31 0001041061 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001041061 us-gaap:RetainedEarningsMember 2024-01-01 2024-09-30 0001041061 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-09-30 0001041061 us-gaap:CommonStockMember 2024-01-01 2024-09-30 0001041061 us-gaap:CommonStockMember 2023-06-30 0001041061 us-gaap:RetainedEarningsMember 2023-06-30 0001041061 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-30 0001041061 2023-06-30 0001041061 us-gaap:RetainedEarningsMember 2023-07-01 2023-09-30 0001041061 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-07-01 2023-09-30 0001041061 us-gaap:CommonStockMember 2023-07-01 2023-09-30 0001041061 us-gaap:CommonStockMember 2023-09-30 0001041061 us-gaap:RetainedEarningsMember 2023-09-30 0001041061 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-09-30 0001041061 us-gaap:CommonStockMember 2022-12-31 0001041061 us-gaap:RetainedEarningsMember 2022-12-31 0001041061 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001041061 us-gaap:RetainedEarningsMember 2023-01-01 2023-09-30 0001041061 us-gaap:Accumu

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