Overview

• Yum Brands reported Q4 earnings of $1.61 per share, narrowly exceeding Wall Street's $1.60 estimate, with revenue of $2.36 billion slightly above projections.
• Taco Bell's same-store sales grew by 5%, driven by value offerings like the Luxe Carvings Box, appealing to cost-conscious U.S. consumers.
• KFC's international operations saw a 1% same-store sales increase, with strong performance in China and other global markets, offsetting a 5% decline in U.S. sales.
• Pizza Hut's global same-store sales fell by 1%, with U.S. sales declining 2%, as the chain struggled to differentiate itself in a competitive market.
• Digital orders now account for over half of Yum's sales, and the company is investing in AI-driven 'Byte by Yum' technology to streamline operations and improve customer experience.