Yum! Brands (YUM) Misses Q1 EPS by 1c

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Go back to Yum! Brands (YUM) Misses Q1 EPS by 1c

Yum! Brands Reports First-Quarter System Sales Decline of (3)% with a Same-Store Sales Decline of (7)% Offset by 4% Net-New Unit Growth; GAAP Operating Profit Decline of (42)%; Core Operating Profit D

April 29, 2020 7:00 AM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today reported results for the first-quarter ended March 31, 2020. Worldwide system sales excluding foreign currency translation declined (3)%, with 4% net-new units and (7)% same-store sales decline. First-quarter GAAP EPS was $0.27, a decrease of (68)%. First-quarter EPS excluding Special Items was $0.64, a decrease of (23)%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200429005181/en/

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