)
Edge25 Jul 2025
Global Doughmination: Breaking Down Domino's Pizza
Inside the rise of Domino's Pizza: how franchising, delivery control, and supply chain mastery built one of the world's most efficient food empires.
Yum! Brands (YUM) investor relations material
Yum! Brands Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary5 Aug, 2025
Executive summary
System sales grew 4% year-over-year, led by KFC International and Taco Bell, with both delivering positive transaction growth and digital sales mix reaching a record 57%.
Total revenues for Q2 2025 rose 10% year-over-year to $1.93B, with net income up 2% to $374M and adjusted EPS up 7% to $1.44.
CEO transition announced: Chris Turner to become CEO on October 1, 2025, with David Gibbs serving as advisor through 2026.
Despite a challenging consumer environment, Taco Bell U.S. outperformed the category, and KFC International drove profit.
Digital system sales exceeded $9B, with KFC's digital sales up 22% and digital mix over 60%.
Financial highlights
Core operating profit increased 2% to $646M in Q2; adjusted EPS was $1.44, up 7% year-over-year; reported EPS was $1.33.
Company sales increased 17% to $669M; franchise and property revenues rose 6% to $835M.
Company restaurant margin for the quarter was 16.3%, down from 17.8% last year, impacted by margin pressure in Pizza Hut and Habit Burger.
Net cash provided by operating activities was $850M year-to-date, up from $705M in the prior year.
Share repurchases totaled $336M in the first half of 2025, with $1.3B remaining under current authorization.
Outlook and guidance
On track to deliver at least 8% core operating profit growth for the year, excluding the 53rd week.
Long-term targets include 5% unit growth and 7% system sales growth (ex-FX, 53rd week).
Management expects annual operating cash flows to exceed $1.4B and plans to maintain a net leverage ratio near 4.0x EBITDA.
Taco Bell aims for $5B in beverage sales by 2030, scaling Live Más Café to 30 locations by year-end.
G&A ex special and ex FX expected at the high end of mid-single digit increase due to CEO transition and KFC HQ consolidation.
Assess Live Más Café's impact on beverage sales.
Explain Pizza Hut's operating profit decline.
How will Yum! achieve its unit growth target?
How will KFC address underperforming regions?
How does Byte Connect reduce order cancellations?
What's driving Taco Bell's chicken sales growth?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Yum! Brands earnings date
Q3 20254 Nov, 2025
Next Yum! Brands earnings date
Q3 20254 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research9 Apr 2025
Yum! Brands: The Company Behind Pizza Hut, KFC, and Taco Bell
Yum! Brands started at PepsiCo in the 1970s and is home to some of the most well-known brands in the world, such as Pizza Hut, KFC, and Taco Bell.
)
Business Philosophy8 Apr 2025
David Gibbs: CEO of Yum! Brands
David Gibbs has gained experience at all three of Yum! Brands' major chains – Taco Bell, KFC, and Pizza Hut – before becoming its CEO in 2020.
Frequently asked questions
Fast Food Conglomerate
Yum! Brands, Inc. is a global giant in the fast-food industry, operating a suite of well-known restaurant brands. Established in 1997 following a spin-off from PepsiCo, the company has since expanded its footprint to more than 150 countries and territories around the world. The company primarily operates through franchises, something that is relatively common in the fast food industry. Yum! Brands boasts over 50,000 restaurants worldwide, and a majority of these are run by its franchisees.
The Brands
Yum! brands act as a conglomerate and ownership group of several large multinational fast food chains. The core of their business is centered around three well-known brands: KFC, Pizza Hut, and Taco Bell. Yum Brands also has a history of owning smaller restaurant chains mainly focused on casual dining.
The Spin-off from PepsiCo
Yum! Brands has its roots in the 1997 spin-off from PepsiCo. Before becoming an independent entity, its primary restaurant chains – KFC, Pizza Hut, and Taco Bell – were integral parts of PepsiCo's portfolio. The decision to separate these restaurant businesses from PepsiCo was strategic, aiming to allow both entities to focus on their core strengths. Post-spin-off, Yum! Brands embarked on an aggressive global expansion, successfully establishing a presence in over 150 countries and territories. The company's growth wasn’t just organic; it was also marked by acquisitions, like the purchase of the casual dining chain, Long John Silver's and A&W Restaurants. However, these were later divested in 2011 to refocus on their primary brands.
Franchises and Franchisees
Yum! Brands operates primarily on a franchising model, a strategy that has significantly fueled its global reach in the industry. By franchising its core brands the company can swiftly expand without the substantial capital outlay of opening restaurants in new locations. This approach allows local entrepreneurs to adapt offerings to regional tastes and preferences, ensuring the brand's relevance and success in diverse markets. Around 90% of Yum! Brands' restaurants worldwide are operated by independent franchisees. This is nothing unique in the fast food industry, and chains like McDonald's and Restaurant Brands International operate through a franchising model.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage