YUM! Brands Delights Consumers Everywhere
August 23, 2023
☀️Earnings Overview
YUM! BRANDS ($NYSE:YUM) reported an impressive 86.6% year-over-year increase in net income for the second quarter of FY2023 (ending June 30 2023), with net income totaling USD 418.0 million. Total revenue for the quarter was also up 3.1% from the same period last year, reaching USD 1687.0 million. The company released these results on August 2 2023.
Price History
YUM! Brands is a global powerhouse in the restaurant industry that has delighted consumers all over the world. On Wednesday, YUM! BRANDS stock opened at $133.9 and closed at $135.0, down by 1.0% from its prior closing price of 136.4. Nevertheless, the company continues to strive to create an enjoyable dining experience for its customers no matter where they are in the world. YUM! Brands owns some of the most highly recognizable brands in the restaurant industry, such as KFC, Taco Bell, and Pizza Hut. Each of these restaurant chains have locations all over the world and offer their customers a wide variety of delicious food options. YUM!
Brands also recently announced new initiatives to increase its focus on health and wellness with revamped menus that focus on providing nutritious and delicious food options. YUM! BRANDS is also known for its commitment to its employees and communities. The company has implemented numerous initiatives to support their employees and help them reach their maximum potential. YUM! also makes it a priority to give back to the communities in which it operates by investing in education and social services. Overall, YUM! Brands continues to delight consumers everywhere with its delicious food options and commitment to its employees and communities. The company’s success has been evident in its stock performance, as evidenced by its opening price on Wednesday, and it is clear that YUM! will remain a major player in the restaurant industry for years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Yum! Brands. More…
| Total Revenues | Net Income | Net Margin |
| 6.99k | 1.42k | 19.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Yum! Brands. More…
| Operations | Investing | Financing |
| 1.58k | -107 | -1.44k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Yum! Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.85k | 14.28k | -30.12 |
Key Ratios Snapshot
Some of the financial key ratios for Yum! Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.4% | 9.8% | 32.0% |
| FCF Margin | ROE | ROA |
| 18.2% | -16.3% | 23.9% |
Analysis
Recently, we at GoodWhale conducted an analysis of YUM! BRANDS‘ wellbeing. After careful consideration, our Risk Rating has determined that YUM! BRANDS is a medium risk investment in terms of financial and business aspects. During our examination, we detected three major risk warnings on their income sheet, balance sheet, and cashflow statement. If you’re interested in learning more about these risks, create a free account with us to gain access to our comprehensive research findings. At GoodWhale, we strive to provide our users with the most accurate and up-to-date insights into the investments they’re considering. We understand that the wellbeing of your portfolio depends on it. That’s why we take extra steps to ensure that our results are as reliable as possible. More…
Peers
In the fast food industry, Yum Brands Inc. has to contend with Jiumaojiu International Holdings Ltd, Yum China Holdings Inc, and Restaurant Brands International Inc. All of these companies are fighting for market share in the quick service restaurant industry. This industry is worth billions of dollars, and each company is trying to get a larger slice of the pie. Yum Brands Inc. is the largest player in the industry, but its competitors are not far behind. Jiumaojiu International Holdings Ltd is the second largest player, followed by Yum China Holdings Inc. All three of these companies are engaged in a fierce battle for market share.
– Jiumaojiu International Holdings Ltd ($SEHK:09922)
Jiumaojiu International Holdings Ltd is a leading international wine producer and retailer. The company has a market cap of 19.98B as of 2022 and a Return on Equity of 8.23%. Jiumaojiu International Holdings Ltd produces and sells premium wines under its own brands, which are sold in over 70 countries around the world. The company has a strong focus on quality, innovation and customer service, and is committed to delivering the highest levels of satisfaction to its customers.
– Yum China Holdings Inc ($NYSE:YUMC)
Yum China Holdings Inc is a leading restaurant company in China. It operates a variety of restaurant brands, including KFC, Pizza Hut, East Dawning and Little Sheep. As of December 31, 2020, Yum China had over 8,600 restaurants in more than 1,400 cities across China.
The company’s market cap is 19.64B as of 2022. Yum China’s ROE is 4.27%. The company has a strong presence in China and is well-positioned to continue growing in the country.
– Restaurant Brands International Inc ($TSX:QSR)
Restaurant Brands International Inc is a holding company that operates and franchises quick service restaurants. As of 2022, the company had a market capitalization of 23.36 billion and a return on equity of 52.84%. The company operates through three segments: Burger King, Tim Hortons, and Popeyes. Burger King is the company’s largest segment, accounting for about 60% of total revenue. Tim Hortons is the company’s second-largest segment, accounting for about 30% of total revenue. Popeyes is the company’s smallest segment, accounting for about 10% of total revenue.
Summary
YUM! BRANDS reported strong second quarter results for FY2023, with total revenue increasing 3.1% year over year to USD 1687.0 million and net income rising 86.6% to USD 418.0 million. Analysts are optimistic that YUM! BRANDS will continue to grow, citing its competitive pricing, broad product portfolio, and popularity in key markets.
The company’s strong financial performance is expected to continue in the coming quarters due to its operational efficiency and expansive global presence. Overall, investors remain bullish on YUM! BRANDS’ prospects and view it as an attractive long-term investment.
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