NYSE$YUM
Yum Brands Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Yum! Brands reported strong Q3 2021 results, driven by record net-new unit growth and sustained digital sales momentum.
Yum! Brands reported strong Q3 2021 results with worldwide system sales excluding foreign currency translation growing 8%, driven by 5% same-store sales growth and 4% unit growth. The company achieved a record 760 net-new units and sustained digital system sales of over $5 billion. Third-quarter GAAP EPS was $1.75, an increase of 90% over the prior year quarter. Third-quarter EPS excluding Special Items was $1.22, an increase of 21% over the prior year quarter.
- Worldwide system sales excluding foreign currency translation grew 8%, with KFC at 11%, Taco Bell at 8% and Pizza Hut at 4%.
- Reported 4% unit growth year-over-year and record third-quarter net-new unit growth of 760.
- Foreign currency translation favorably impacted divisional operating profit by $12 million.
- Advanced digital capabilities with the acquisition of Dragontail, enhancing store operations and customer experience.
Headline financials
Revenue & EPS history
Yum · Revenue · Quarterly
$1.61B
Revenue by segment
Yum · $1.47B total across 3 segments · Q3 2021
- KFC Division$692M+18.1%47.0%
- Taco Bell Division$534M+6.6%36.3%
- Pizza Hut Division$247M+1.6%16.8%
Forward guidance
This announcement may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
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 Q3 2021
-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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro