收入和利润增长 - 公司第二季度GAAP营业利润增长6%，核心营业利润增长10%[2] - Taco Bell同店销售额增长5%，KFC单位增长8%[2] - 全球系统销售额（排除外汇转换）增长3%，其中包括1%的同店销售额下降[2] - 第二季度GAAP每股收益为$1.28，排除特殊项目后为$1.35[2] - 全球系统销售额增长3%，排除外汇转换，KFC增长2%，Taco Bell增长7%，Pizza Hut持平[4] - 单位数量增加5%，包括季度内新增894个单位[4] - 数字销售额接近$80亿，数字销售占比超过50%[4] - 公司预计全年核心营业利润增长至少8%[3] - 公司总收入为33.61亿美元，同比增长1%[31] - 公司销售收入为10.46亿美元，同比增长6%[31] - 净收入为6.81亿美元，同比下降5%[34] - 每股基本收益为2.41美元，同比下降6%[35] - 公司调整后的净收入为386百万美元，排除特殊项目后为714百万美元[73] - 稀释每股收益（EPS）为1.35美元，排除特殊项目后为2.50美元[74] - 2023年第二季度总收入为16.87亿美元[89] - 2023年第二季度营业利润为5.73亿美元[91] - 2024年第一季度总收入为33.61亿美元[95] 费用和成本 - 外汇转换不利影响部门营业利润$1200万[4] - 公司餐厅费用为8.7亿美元，同比下降6%[33] - 一般和管理费用为5.67亿美元，同比增长1%[33] - 特许经营和物业费用为0.54亿美元，同比下降22%[33] - 特许经营广告和其他服务费用为7.68亿美元，同比下降2%[33] - 公司销售额从$4百万下降到$2百万，下降了62%[51] - 特许经营和物业收入从$149百万微降至$148百万，基本持平[51] - 特许经营广告和其他服务贡献从$89百万微降至$89百万，下降了1%[51] - 总收入从$242百万下降到$239百万，下降了2%[51] - 公司餐厅利润率从3.2%下降到2.2%，下降了5.4个百分点[53] - 营业利润率从37.3%上升到39.3%，上升了2个百分点[53] - 2023年第二季度公司餐厅费用为4.15亿美元[90] - 2023年第二季度一般和管理费用为2.91亿美元[90] - 2023年第二季度特许经营和物业费用为0.32亿美元[90] - 2023年第二季度特许经营广告和其他费用为3.88亿美元[90] - 2023年第二季度总成本和费用净额为11.14亿美元[91] - 2024年第一季度公司餐厅费用为8.7亿美元[96] - 2024年第一季度一般和管理费用为5.67亿美元[96] 财务状况 - 现金及现金等价物从$512百万减少到$404百万[56] - 总资产从$6,231百万增加到$6,395百万[56] - 总负债从$14,089百万减少到$14,025百万[56] - 净现金流量从$678百万增加到$705百万[59] - 调整后的有效税率从24.7%降至18.2%，排除特殊项目的影响[75] 特许经营和广告 - 特许经营和物业收入为15.46亿美元，同比下降1%[31] - 特许经营广告和其他服务收入为7.69亿美元，同比下降3%[31] - 特许经营和物业收入从$149百万微降至$148百万，基本持平[51] - 特许经营广告和其他服务贡献从$89百万微降至$89百万，下降了1%[51] 餐厅运营 - 公司餐厅利润率从3.2%下降到2.2%，下降了5.4个百分点[53] - 公司餐厅利润为102百万美元，公司销售额为572百万美元，公司餐厅利润率为17.8%[77] - 公司餐厅利润为96百万美元，公司销售额为511百万美元，公司餐厅利润率为18.9%[79] - 公司餐厅利润为176百万美元，公司销售额为1046百万美元，公司餐厅利润率为16.8%[81] - 公司餐厅利润为167百万美元，公司销售额为985百万美元，公司餐厅利润率为17.0%[83] 技术和创新 - 公司正在扩展Taco Bell的Drive-thru语音AI技术[3] 部门表现 - 总收入为1763百万美元，包括KFC的717百万美元，Taco Bell的239百万美元，Pizza Hut的141百万美元[85] - 总成本和费用为1156百万美元，包括KFC的383百万美元，Taco Bell的416百万美元，Pizza Hut的145百万美元[87] - 营业利润为607百万美元，包括KFC的334百万美元，Taco Bell的250百万美元，Pizza Hut的94百万美元[87]

Yum! Brands, Inc. YUM is set to release earnings results for its second quarter, before the opening bell on Aug. 6, 2024.Analysts expect the Parsippany, Louisville, Kentucky-based company to report quarterly earnings at $1.33 per share, down from $1.41 per share in the year-ago period. Yum! Brands is projected to report quarterly revenue of $1.8 billion, compared to $1.75 billion a year earlier, according to data from Benzinga Pro.On May 15, Yum! Brands declared a quarterly dividend of 67 cents per share an ...

文章核心观点 - Yum! Brands, Inc. (YUM) 将于2024年8月6日开盘前发布2024年第二季度财报 公司预计将实现盈利超预期 主要得益于同店销售增长和国内外扩张努力 特别是KFC品牌的强劲表现 然而 成本上升可能会对利润率造成压力 [1][3][4][5][6] 趋势与预测 - 第二季度每股收益(EPS)的Zacks共识预期在过去七天内从$1.33降至$1.32 同比下降6.4% 收入预计为$1.80 billion 同比增长6.5% [2] - 公司目前的Zacks排名为3 具有+1.33%的盈利ESP 根据Zacks模型 这增加了盈利超预期的可能性 [3] 业绩驱动因素 - 第二季度收入增长预计将受益于同店销售增长和国内外扩张 特别是KFC品牌的强劲表现 [4] - 公司通过AI和机器学习驱动的推荐订单系统提升运营效率和客户体验 预计将对销售产生积极影响 [4] - 数字销售额在第二季度可能继续增长 同比增长11%至$8 billion 主要得益于自助点餐机部署 点击取货的增加和稳定的第三方聚合器销售 [5] - 同店销售预计同比增长0.9% KFC和Taco Bell的同店销售预计分别增长2%和1% [5] - KFC Taco Bell和Habit Burger的营收预计分别同比增长10.5% 1.4%和20.2%至$753.3 million $629.6 million和$1170.6 million Pizza Hut的营收预计同比下降2.2%至$236.6 million [5] 成本与利润率 - 第二季度利润率可能受到员工工资 福利和保险成本上升的影响 以及租金和能源成本等其他运营成本的增加 竞争激烈的零售环境也可能对餐厅成本造成压力 [6] - 公司预计总成本和费用将同比增长8.5% [6] 股价表现与估值 - 年初至今 公司股价上涨2.9% 而行业整体下跌7.9% 其他行业公司如Darden Restaurants Inc. Starbucks Corporation和Restaurant Brands International Inc.分别下跌11.5% 21.9%和7.9% [7] - 从估值角度看 公司股价相对于行业和S&P 500指数处于折价状态 其未来12个月的市盈率(P/E)为22.25 低于行业平均的22.4 但高于S&P 500的21.19 [8] 投资展望 - 公司受益于自助点餐机部署 点击取货的增加和稳定的第三方聚合器销售 专注于单位开发承诺 菜单创新和部署自有数字及AI驱动平台 长期来看 公司有望将其全球业务规模扩大近三倍 特别是在拉丁美洲和加勒比地区的特许经营商整合将推动增长 [9] - 鉴于公司稳健的历史表现 创新的增长战略和合理的估值 持有该公司股票似乎是明智的选择 尽管面临当前挑战 但公司强大的品牌组合和适应创新的能力为其未来增长奠定了良好基础 [9]

In its upcoming report, Yum Brands (YUM) is predicted by Wall Street analysts to post quarterly earnings of $1.32 per share, reflecting a decline of 6.4% compared to the same period last year. Revenues are forecasted to be $1.8 billion, representing a year-over-year increase of 6.5%.Over the last 30 days, there has been a downward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial for ...

Taco Bell's parent company is ramping up its implementation of drive-thru AI at the chain.Yum! Brands said Wednesday that hundreds of Taco Bells are set to have voice AI by the end of 2024.Other fast-food chains have been experimenting with automation and AI in recent years. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Em ...

Taco Bell will add AI voice technology to hundreds of its drive-thrus by year’s end.It’s part of parent Yum! Brands’ plans to integrate voice artificial intelligence (AI) to its stores around the world, the company announced Wednesday (July 31).“The rollout of Voice AI technology in Taco Bell, currently in more than 100 Taco Bell U.S. drive-thrus across 13 states, is designed to enhance back-of-house operations for team members and elevate the order experience for consumers,” Yum said in a news release. “Be ...

Yum Brands hopes to use artificial intelligence to take down drive-thru orders at hundreds of Taco Bell restaurants by the end of this year.The restaurant company announced on Wednesday that it's expanding its rollout of the tech in the U.S., as it eyes implementing it in drive-thru lanes globally.Yum joins restaurant rivals like Wendy's and White Castle in betting on voice AI, but its plans are the most ambitious to date. While tech companies may promise that voice AI can speed up service times, reduce lab ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Yum Brands (YUM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 6. On the ...

Boston, MA, July 24, 2024 (GLOBE NEWSWIRE) -- Inner City Capital Connections (ICCC), ICIC's signature program for small business owners in the mid-stage of their growth, is thrilled to mark its fourth year in Canada, made possible by the generous support and partnership of the lead sponsor, Pizza Hut Canada, as part of YUM's Unlocking Opportunity Initiative. The program provides free education, mentorship, and grants to small business owners from underrepresented communities across Canada. At the heart of t ...

The first global pizza chain to offer a tavern-style pizza, available nationwidePLANO, Texas, June 18, 2024 /PRNewswire/ -- Today Pizza Hut® announces its latest modern menu innovation, Chicago Tavern-Style Pizza, alongside a toppings transformation, marking the biggest toppings menu overhaul in over a decade. Pizza Hut is the first global pizza chain to offer a Tavern Pizza, in addition to being the first global QSR pizza brand to offer Chicken Sausage, Pesto Swirl and Spicy Sauce as permanent topping offe ...