NYSE$YUM
Yum Brands Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Yum! Brands reported mixed second-quarter results with system sales growth offset by a decline in EPS, driven by Taco Bell's strong performance and digital sales growth.
Yum! Brands reported a 3% increase in worldwide system sales excluding foreign currency translation, driven by 4% unit growth and 1% same-store sales growth. Taco Bell U.S. saw an 8% increase in same-store sales. Second quarter GAAP EPS was $0.77, a 40% decrease year-over-year, while EPS excluding Special Items was $1.05, a 9% decrease year-over-year. The company added 781 gross units but experienced a net decline of 702 units due to the removal of 1,165 Russia units.
- Worldwide system sales grew 3% excluding foreign currency translation, with Taco Bell leading at 10% growth.
- The company added 781 gross units, but due to exiting the Russian market, saw a net decline of 702 units.
- Worldwide same-store sales ex-China grew 6% during the quarter.
- Digital system sales reached nearly $6 billion.
Headline financials
Revenue & EPS history
Yum · Revenue · Quarterly
$1.64B
Revenue by segment
Yum · $1.5B total across 3 segments · Q2 2022
- KFC Division$677M-0.7%45.2%
- Taco Bell Division$586M+10.2%39.1%
- Pizza Hut Division$235M-5.6%15.7%
Forward guidance
This announcement may contain forward-looking statements, which are subject to risks, uncertainties, and assumptions that could cause our actual results to differ materially from those indicated by those statements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-0.0%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+1.5%
Avg return
30 days after
54%
39 / 72 earnings
Positive
+9.7%
Q4 2024
Best reaction
-18.5%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.4% | -1.3% | -5.5% | |
| Q4 2025 | +0.5% | +0.1% | +0.8% | |
| Q3 2025 | +7.5% | +7.0% | +4.6% | |
| Q2 2025 | +0.9% | +0.5% | +2.3% | |
| Q1 2025 | +1.9% | -0.8% | -2.5% | |
| Q4 2024 | +9.7% | +11.7% | +23.8% | |
| Q3 2024 | +1.2% | +3.4% | +4.0% | |
| Q2 2024 | +2.3% | +2.6% | +0.9% | |
| Q1 2024 | -4.4% | -3.6% | -2.7% | |
| Q4 2023 | +2.5% | +3.2% | +9.7% | |
| Q3 2023 | +2.8% | +4.6% | +5.4% | |
| Q2 2023 | -0.5% | -0.9% | -4.9% | |
| Q1 2023 | -4.6% | -4.5% | -5.9% | |
| Q4 2022 | +1.4% | +2.5% | -3.7% | |
| Q3 2022 | +1.1% | +3.7% | +9.8% | |
| Q2 2022 | -1.7% | -3.0% | -7.7% | |
| Q1 2022 | +0.5% | -4.3% | +3.1% | |
| Q4 2021 | -0.7% | -2.9% | -7.0% | |
| Q3 2021 | -0.7% | -1.1% | -1.3% | |
| Q2 2021 | +7.2% | +8.8% | +7.4% | |
| Q1 2021 | +2.1% | +3.1% | +3.1% | |
| Q4 2020 | +0.6% | -1.5% | -0.4% | |
| Q3 2020 | -1.8% | +1.8% | +12.7% | |
| Q2 2020 | -4.0% | -3.2% | +2.8% | |
| Q1 2020 | -2.1% | -5.9% | +1.7% | |
| Q4 2019 | -4.4% | -2.6% | -16.3% | |
| Q3 2019 | -7.3% | -10.3% | -8.2% | |
| Q2 2019 | +4.3% | +3.1% | +3.8% | |
| Q1 2019 | -2.5% | -1.9% | -2.0% | |
| Q4 2018 | -0.1% | -0.6% | +2.2% | |
| Q3 2018 | +1.8% | +1.2% | +6.7% | |
| Q2 2018 | +3.0% | +2.3% | +9.3% | |
| Q1 2018 | -4.6% | -4.1% | -5.5% | |
| Q4 2017 | -1.0% | -2.9% | +3.5% | |
| Q3 2017 | +6.2% | +9.0% | +12.2% | |
| Q2 2017 | -2.1% | -3.2% | +0.0% | |
| Q1 2017 | +4.0% | +4.2% | +11.5% | |
| Q4 2016 | +2.1% | +3.0% | -3.4% | |
| Q3 2016 | -3.2% | -3.2% | -7.8% | |
| Q2 2016 | +2.4% | +1.6% | +4.3% | |
| Q1 2016 | -0.5% | — | — | |
| Q4 2015 | -0.0% | — | — | |
| Q3 2015 | -18.5% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q1 2015 | +3.6% | — | — | |
| Q4 2014 | +2.2% | — | — | |
| Q3 2014 | -0.9% | — | — | |
| Q2 2014 | -7.4% | — | — | |
| Q1 2014 | +1.0% | — | — | |
| Q4 2013 | +7.3% | — | — | |
| Q3 2013 | -6.9% | — | — | |
| Q2 2013 | -2.0% | — | — | |
| Q1 2013 | +5.2% | — | — | |
| Q4 2012 | -5.8% | — | — | |
| Q3 2012 | +6.1% | — | — | |
| Q2 2012 | +2.3% | — | — | |
| Q1 2012 | +1.4% | — | — | |
| Q4 2011 | +1.0% | — | — | |
| Q3 2011 | +0.2% | — | — | |
| Q2 2011 | -0.9% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q4 2010 | +1.7% | — | — | |
| Q3 2010 | +0.8% | — | — | |
| Q2 2010 | -0.3% | — | — | |
| Q1 2009 | +0.2% | — | — | |
| Q1 2010 | +0.5% | — | — | |
| Q2 2009 | +0.2% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q4 2007 | -1.5% | — | — | |
| Q3 2008 | -1.5% | — | — | |
| Q3 2009 | -1.5% | — | — | |
| Q4 2008 | -1.5% | — | — |
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