New Risk • Jul 02
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Negative equity (-US$7.3b). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€1.2m sold). Anuncio • Jun 18
Yum! Brands, Inc. (NYSE:YUM) announces an Equity Buyback for $4,000 million worth of its shares. Yum! Brands, Inc. (NYSE:YUM) announces a share repurchase program. Under the program, the company will repurchase up to $4,000 million worth of its shares. The repurchase program is valid till June 30, 2028. Anuncio • Jun 16
Yum! Brands, Inc. to Report Q2, 2026 Results on Jul 30, 2026 Yum! Brands, Inc. announced that they will report Q2, 2026 results on Jul 30, 2026 Anuncio • Jun 04
Yum! Brands, Inc. Announces Retirement of Tracy Skeans from Chief Operating Officer and Chief People & Culture Officer Roles Yum! Brands, Inc. announced that Tracy Skeans, Chief Operating Officer and Chief People & Culture Officer, planned to retire after more than 25 years with the company. Skeans would remain in her current role through late this year, after which she would move into an advisory position. Skeans built an impressive career since joining Yum! Brands in 2000 as a finance analyst, steadily advancing through leadership roles and consistently delivering results at the intersection of talent, culture, finance and strategy. After holding a series of senior finance and people leadership roles at Pizza Hut, Skeans became Chief People Officer for Pizza Hut U.S. and later Global Chief People Officer, where she helped shape the evolution of Yum! Brands’ international business structure into separate global brand divisions for KFC and Pizza Hut. She later served as President of Pizza Hut International, overseeing a business spanning more than 85 countries and thousands of restaurants worldwide. In 2016, Skeans joined the Yum! Brands executive leadership team as Chief Transformation & People Officer, helping lead the company’s transition to a pure-play franchisor while advancing the company’s talent and culture strategy. In the years that followed, she played a central role guiding the company through the COVID-19 pandemic, the integration of Habit Burger & Grill and broader business transformation efforts across Yum! Brands’ global system. As Chief Operating Officer and Chief People & Culture Officer, Skeans had global responsibility for leading cross-brand collaboration on operational execution and people capability. Skeans’ responsibilities would transition to the company’s next Chief People & Culture Officer and Chief Scale Officer. Yum! Brands was working to fill both roles. Skeans would assist in the transition in her advisory role through early 2028. On June 2, 2026, Yum! Brands, Inc. announced that Tracy Skeans will transition from her roles as Chief Operating Officer and Chief People & Culture Officer effective on November 1, 2026. Ms. Skeans will remain employed as a Senior Advisor to the Company from the Transition Date through her expected retirement date on March 1, 2028. Anuncio • Jun 02
Yum! Brands Reportedly in Exclusive Talks to Sell Pizza Hut to LongRange Capital Yum! Brands, Inc. (NYSE:YUM) is in exclusive talks to sell its Pizza Hut (Pizza Hut, LLC) business to private equity firm LongRange Capital, L.P., Bloomberg reported on May 29, 2026, citing people familiar with the matter. LongRange recently entered into an exclusivity agreement with Yum after emerging ahead of other bidders, including Sycamore Partners (Sycamore Partners Management, L.P.), according to the report. The parties are advancing discussions on a potential transaction that could be finalized within the coming weeks, although there is no certainty that a deal will be reached. Representatives for Yum, LongRange, and Sycamore declined to comment on the report. Anuncio • May 14
Yum! Brands, Inc. Declares Quarterly Cash Dividend, Payable on June 12, 2026 Yum! Brands, Inc. Board of Directors declared a dividend of $0.75 per share of common stock. The quarterly cash dividend will be distributed June 12, 2026, to shareholders of record at the close of business on May 27, 2026. Reported Earnings • Apr 30
First quarter 2026 earnings released: EPS: US$1.56 (vs US$0.90 in 1Q 2025) First quarter 2026 results: EPS: US$1.56 (up from US$0.90 in 1Q 2025). Revenue: US$2.06b (up 15% from 1Q 2025). Net income: US$432.0m (up 71% from 1Q 2025). Profit margin: 21% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Hospitality industry in Italy. Anuncio • Apr 16
Yum! Brands, Inc. to Report Q1, 2026 Results on Apr 29, 2026 Yum! Brands, Inc. announced that they will report Q1, 2026 results at 7:00 AM, Eastern Standard Time on Apr 29, 2026 Anuncio • Apr 07
Yum! Brands, Inc., Annual General Meeting, May 14, 2026 Yum! Brands, Inc., Annual General Meeting, May 14, 2026. Anuncio • Apr 01
Yum! Brands, Inc. Appoints Kathleen (Leeny) K. Oberg to its Board of Directors, Effective April 1, 2026 Yum! Brands, Inc. announced the appointment of Kathleen (Leeny) K. Oberg, former Chief Financial Officer and Executive Vice President, Development of Marriott International, Inc., to its Board of Directors, effective April 1, 2026. Ms. Oberg served as Marriott International, Inc.’s Chief Financial Officer from 2016 until 2026 and Executive Vice President, Development of Marriott from 2023 until 2026. Previously, Ms. Oberg was the Chief Financial Officer for The Ritz-Carlton from 2013-2015, where she contributed significantly to the brand’s performance, growth and organizational effectiveness. Prior to that role, Ms. Oberg served in a range of financial leadership positions with Marriott, including Senior Vice President, Corporate and Development Finance and Senior Vice President, International Project Finance and Asset Management for Europe, the Middle East and Africa. Ms. Oberg first joined Marriott as part of its Investor Relations group in 1999. Prior to that, she held a variety of financial leadership positions with Sodexo (previously Sodexo Marriott Services), Sallie Mae, Goldman Sachs and Chase Manhattan Bank. Ms. Oberg was previously a member of the American Hotel and Lodging Association's IREFAC Council. She currently serves on the Board of Directors of Adobe, Inc. She earned a bachelor’s degree in commerce with concentrations in finance and management information systems from the University of Virginia’s McIntire School of Commerce, and she received an MBA from Stanford University’s Graduate School of Business. Recent Insider Transactions • Feb 18
COO and Chief People & Culture Officer recently sold €1.1m worth of stock On the 17th of February, Tracy Skeans sold around 8k shares on-market at roughly €136 per share. This transaction amounted to 61% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.6m. This was Tracy's only on-market trade for the last 12 months. Anuncio • Feb 13
Yum! Brands, Inc. Announces Resignation of Keith Barr from the Board, Effective February 10, 2026 On February 10, 2026, Keith Barr, a member of the Board of Directors of Yum! Brands, Inc. informed the Company that he will resign from the Board effective February 10, 2026. Mr. Barr’s resignation was not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices, and it coincides with his recent appointment to a leadership position outside of YUM. Declared Dividend • Feb 08
Dividend of US$0.75 announced Shareholders will receive a dividend of US$0.75. Ex-date: 19th February 2026 Payment date: 6th March 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Feb 07
Insider recently sold €1.6m worth of stock On the 5th of February, Aaron Powell sold around 12k shares on-market at roughly €137 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.5m more than they bought in the last 12 months. Reported Earnings • Feb 05
Full year 2025 earnings released: EPS: US$5.59 (vs US$5.27 in FY 2024) Full year 2025 results: EPS: US$5.59 (up from US$5.27 in FY 2024). Revenue: US$8.21b (up 8.8% from FY 2024). Net income: US$1.56b (up 4.9% from FY 2024). Profit margin: 19% (in line with FY 2024). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Hospitality industry in Italy. Anuncio • Feb 04
Yum! Brands, Inc. Increases Dividend, Payable on March 6, 2026 The Board of Directors of Yum! Brands, Inc. approved a dividend of $0.75 per share of common stock, an increase of 6%. The quarterly dividend will be distributed March 6, 2026 to shareholders of record at the close of business on February 20, 2026. Buy Or Sell Opportunity • Dec 11
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at €128. The fair value is estimated to be €106, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Declared Dividend • Nov 24
Dividend of US$0.71 announced Shareholders will receive a dividend of US$0.71. Ex-date: 1st December 2025 Payment date: 12th December 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 5.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Nov 21
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 4.5% to €132. The fair value is estimated to be €109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Anuncio • Nov 21
Yum! Brands, Inc. Declares Quarterly Dividend, Payable on December 12, 2025 Yum! Brands, Inc. Board of Directors declared a dividend of $0.71 per share of common stock. The quarterly cash dividend will be distributed December 12, 2025, to shareholders of record at the close of business on December 2, 2025. Reported Earnings • Nov 05
Third quarter 2025 earnings released: EPS: US$1.43 (vs US$1.36 in 3Q 2024) Third quarter 2025 results: EPS: US$1.43 (up from US$1.36 in 3Q 2024). Revenue: US$1.98b (up 8.4% from 3Q 2024). Net income: US$397.0m (up 3.9% from 3Q 2024). Profit margin: 20% (in line with 3Q 2024). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Hospitality industry in Italy. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Buy Or Sell Opportunity • Oct 21
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €126. The fair value is estimated to be €104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Anuncio • Aug 28
Yum! Brands, Inc. Appoints Chris Turner as Director of the Board, Effective October 1, 2025 Yum! Brands, Inc. announced that Chris Turner, who will become Chief Executive Officer of the Company on October 1, 2025, was appointed as a Director of the Board, also effective October 1, 2025. Turner was appointed to become Yum! Brand’s next Chief Executive Officer on June 13, effective October 1, 2025, succeeding David Gibbs, who, in March 2025, informed the Board of Directors of his intention to retire after 36 years with the Company and a successful tenure as CEO. Turner has served as Yum! Brands' Chief Financial Officer since 2019 and expanded his role to include Chief Franchise Officer in 2024, with responsibilities for finance, corporate strategy, supply chain, franchise standards and support. Also, effective October 1, 2025, Gibbs will no longer be a Director of the Board but will remain as an executive advisor to the Company through 2026. Declared Dividend • Aug 27
Dividend of US$0.71 announced Shareholders will receive a dividend of US$0.71. Ex-date: 1st September 2025 Payment date: 12th September 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 5.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Anuncio • Aug 22
Yum! Brands, Inc. Declares Quarterly Dividend, Payable on September 12, 2025 Yum! Brands, Inc. Board of Directors declared a dividend of $0.71 per share of common stock. The quarterly cash dividend will be distributed September 12, 2025, to shareholders of record at the close of business on September 2, 2025. Buy Or Sell Opportunity • Aug 19
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €130. The fair value is estimated to be €108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • Aug 05
Second quarter 2025 earnings released: EPS: US$1.34 (vs US$1.30 in 2Q 2024) Second quarter 2025 results: EPS: US$1.34 (up from US$1.30 in 2Q 2024). Revenue: US$1.93b (up 9.6% from 2Q 2024). Net income: US$374.0m (up 1.9% from 2Q 2024). Profit margin: 19% (down from 21% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Hospitality industry in Italy. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Anuncio • Jul 07
Yum! Brands Reportedly in Talks to Facilitate Devyani, Sapphire Merger Yum! Brands, Inc. (NYSE:YUM), the American owner of fast-food restaurant chains KFC and Pizza Hut, is in talks to facilitate a merger of Devyani International Limited (NSEI:DEVYANI) and Sapphire Foods India Limited (NSEI:SAPPHIRE)—its publicly-traded franchisee partners in the country, people aware of the developments said. The negotiations could result in Sapphire Foods getting absorbed by DIL through a share swap deal. This would entail the latter either acquiring the franchisee rights of KFC and Pizza Hut from Sapphire Foods, or all of KFC’s franchisee stores in India getting consolidated under DIL, the people cited above said. One of the persons cited above said a 1:3 share swap ratio is being prepared with Sapphire shareholders getting one share of DIL for every three owned. This plan could not be independently verified. "There are direct synergies for DIL, since it is owned by PepsiCo’s bottling partner Varun Beverages Ltd. (VBL),” a second person said. Anuncio • Jun 17
Yum! Brands, Inc. Announces CEO Changes, Effective October 1, 2025 Yum! Brands, Inc. announced that its Board of Directors has unanimously elected Chris Turner, 50, as Chief Executive Officer, effective October 1, 2025. Turner, who currently serves as Chief Financial & Franchise Officer for Yum! Brands, will succeed current Chief Executive Officer David Gibbs, who, in March 2025, informed the Board of Directors of his intention to retire in the next year after 37 years with the Company and a successful tenure as CEO. Turner has served as Yum! Brands' Chief Financial Officer since 2019 and expanded his role to include Chief Franchise Officer in 2024, with responsibilities for finance, corporate strategy, supply chain, franchise standards and support. In recent years, he has been instrumental in driving bold actions that leverage Yum!’s scale, such as accelerating the Company’s digital and technology transformation through initiatives like the establishment of Byte by Yum!, an AI-driven restaurant technology platform; launching a centralized, global Supply Chain Center of Excellence; and the creation of Saucy by KFC, a bold new restaurant concept. He has worked closely with Gibbs and the entire Yum! Brands leadership team to drive growth through unit development, deliver strong shareholder returns and foster a people-first culture of collaboration. Gibbs has served as Yum! Brands’ CEO since January 2020. As CEO, Gibbs was instrumental in architecting and leading the Company’s digital transformation and tripled the pace of Yum! Brands’ annual net new unit development, leading to nearly 61,000 restaurant units worldwide. Gibbs also successfully navigated the Company through the COVID-19 pandemic and an increasingly complex operating environment, making Yum! a top performer in the restaurant industry. During Gibbs’ tenure, digital sales surpassed $30 billion in 2024, with over 50% of sales through digital channels. Gibbs remains CEO until September 30, 2025, and will serve as an adviser to the Company until the end of 2026 to ensure a seamless transition. Before joining the Company, Mr. Turner served as Senior Vice President and General Manager of PepsiCo’s retail and e-commerce business covering Walmart in the U. S. and more than 25 countries from December 2017 to July 2019. Anuncio • May 16
Yum! Brands, Inc. Declares Quarterly Dividend, Payable on June 6, 2025 Yum! Brands, Inc.'s Board of Directors declared a dividend of $0.71 per share of common stock. The quarterly cash dividend will be distributed June 6, 2025, to shareholders of record at the close of business on May 27, 2025.