Yum! Brands Files Routine 8-K Report

Ticker: YUM · Form: 8-K · Filed: 2025-01-08T00:00:00.000Z

Sentiment: neutral

Topics: filing, sec, routine

Related Tickers: YUM

TL;DR

YUM filed a routine 8-K, no big news.

AI Summary

On January 8, 2025, Yum! Brands, Inc. filed an 8-K report. The filing indicates no significant new events or material changes requiring immediate disclosure beyond routine reporting. The company's principal executive offices are located at 1441 Gardiner Lane, Louisville, Kentucky.

Why It Matters

This filing is a standard procedural update and does not contain new material information that would typically impact investor decisions.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report with no disclosed material events, indicating no immediate new risks.

Key Players & Entities

FAQ

What is the purpose of this Form 8-K filing for Yum! Brands, Inc.?

The purpose of this Form 8-K filing is to report current information about the company as of January 8, 2025, as required by the Securities Exchange Act of 1934.

What is the exact name of the registrant as specified in its charter?

The exact name of the registrant is YUM! BRANDS, INC.

In which state was Yum! Brands, Inc. incorporated or organized?

Yum! Brands, Inc. was incorporated or organized in North Carolina.

What is the address of Yum! Brands, Inc.'s principal executive offices?

The address of Yum! Brands, Inc.'s principal executive offices is 1441 Gardiner Lane, Louisville, Kentucky 40213.

Does this filing report any significant new events or material changes for Yum! Brands, Inc.?

Based on the provided text, this filing appears to be a routine report and does not explicitly detail any significant new events or material changes.

From the Filing

0001041061-25-000002.txt : 20250108 0001041061-25-000002.hdr.sgml : 20250108 20250108060038 ACCESSION NUMBER: 0001041061-25-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250108 ITEM INFORMATION: Other Events FILED AS OF DATE: 20250108 DATE AS OF CHANGE: 20250108 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13163 FILM NUMBER: 25516422 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 8-K 1 yum-20250108.htm 8-K yum-20250108 0001041061 false 0001041061 2025-01-08 2025-01-08 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 8, 2025 ________________________ YUM! BRANDS, INC. (Exact name of registrant as specified in its charter) Commission file number 1-13163 North Carolina 13-3951308 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1441 Gardiner Lane, Louisville, Kentucky 40213 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (502) 874-8300 Former name or former address, if changed since last report: N/A Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act   Title of Each Class Trading Symbol Name of Each Exchange on Which Registered   Common Stock, no par value YUM New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐ Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 8.01 Other Items On January 8, 2025, Yum! Brands Inc. terminated its franchise agreements with franchisee IS Gida A.S., the owner and operator of all KFC and Pizza Hut restaurants in Turkey and a subsidiary of IS Holding A.S. (IS Holding), after failure to meet Yum! Brands’ standards. The termination affects 283 KFC restaurants and 254 Pizza Hut restaurants in Turkey, and Yum! Brands expects the restaurants to close at least temporarily. Yum! Brands also re-acquired the master franchise rights in Germany for KFC and Pizza Hut from the owner of IS Holding in December 2024. There is no impact in Germany from the termination in Turkey. Yum! Brands anticipates a pre-tax special charge of approximately $60 million in the fourth quarter of 2024 consisting primarily o

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