Yum! Brands (YUM) Revenue — Quarter Ended Jun 30, 2023
Revenue increased compared to both the prior quarter and the same quarter last year. The growth was supported by higher company sales and franchise and property revenues.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased compared to both the prior quarter and the same quarter last year. The growth was supported by higher company sales and franchise and property revenues.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+2.6%
Change from the immediately preceding quarter.
Year-over-year
+3.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.6B | +2.1% |
| Dec 31, 2022 | $2B | +6.8% |
| Mar 31, 2023 | $1.6B | +6.3% |
| Jun 30, 2023 | $1.7B | +3.1% |
Revenue performance
The quarter's revenue was higher than the immediately preceding quarter, continuing an upward trend from the same period a year ago.
Quarterly comparison
Compared to the previous quarter, revenue rose, and it also exceeded the level from the same quarter one year earlier.
What to watch
The company has historically generated substantial cash flows from franchise operations, which it expects to continue.