Yum!

Brands’ Q3 2023 Earnings

Q3 2023 10%
system sales
$15,830 6% 57,274 1,130 849
Highlights growth
million total system sales same-store
sales growth
total units gross new units net-new units

Yum!’s Q3 record of 1,130 gross new units and 6% same-store sales growth Yum!’s digital sales set another record this quarter, exceeding
this quarter contributed to robust system sales growth of 10%. $7 billion – an increase of more than 20% year over year.

Q3 2023 by Brand
System Sales Growth Total System Sales ($MM) Same-Store Sales Growth Net-New Unit Growth
12%
11% $163
8% 8% 8%
6%
$3,243 5%
4% 4% 4%
$8,620 1%
(5)%
$3,804

All comparisons are versus the same period a year ago.

System sales include the results of all restaurants regardless of ownership, including Company-owned and franchise restaurants. Franchise restaurant sales are not included in Company sales; however, the franchise and license fees derived from franchise restaurants are included in the Company’s revenues. System sales growth figures exclude foreign currency translation (“F/X”).
As of the beginning of the second quarter 2022, we elected to remove Russia from our unit count and system sales. To enhance comparability, system sales and unit growth figures reflect the impact of removing Russia from our prior year base for the comparable periods. Russia is no longer included in the current year.