Yum! Brands Reports Encouraging Third-Quarter Results; Strong Recovery Driven by Record Digital Sales, Off-Premise Growth and Restaurant Reopening

Business Wire

Published

LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) today reported results for the third-quarter ended September 30, 2020. Worldwide system sales excluding foreign currency translation grew 1%, with 2% net-new unit growth and a (2)% same-store sales decline. Third-quarter GAAP EPS was $0.92, an increase of 14% over the prior year quarter. Third-quarter EPS excluding Special Items was $1.01, an increase of 27% over the prior year quarter. DAVID GIBBS COMMENTS David Gibbs, CEO, said “

Full Article