Wednesday April 29, 2026, 09:27:27
By Mark Kalinowski
Earlier today (Wednesday, April 29th), Yum Brands reported adjusted Q1 EPS of $1.50. This was ahead of our $1.40 estimate and sell-side consensus (according to Consensus Metrix) of $1.39.
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Wednesday March 25, 2026, 07:00:00
By Mark Kalinowski
This note is best read in conjunction with our note published this morning entitled “Updating our Q1 Kalinowski Quick-Service Other Same-Store Sales Index (3/25/2026).”
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Wednesday February 4, 2026, 09:44:47
By Mark Kalinowski
Earlier today (Wednesday), Yum Brands reported adjusted fourth-quarter EPS of $1.73. This was short of our $1.83 estimate and sell-side consensus (according to Consensus Metrix) of $1.76. However, the Q4 adjusted tax rate was 25.9%. This was unfavorable compared to our 22.5% forecast and consensus at 22.6%. We calculate that the higher-than-expected tax rate cost Yum Brands about -8 cents worth of Q4 EPS. In other words, adjusted EPS would have beat consensus by +5 cents once this factor is taken into account.
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