Yum! Brands (YUM) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The top line continued to expand, supported by contributions from both company sales and franchise operations.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The top line continued to expand, supported by contributions from both company sales and franchise operations.
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
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.1B
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 |
|---|---|---|
| Dec 31, 2022 | $2B | +6.8% |
| Mar 31, 2023 | $1.6B | +6.3% |
| Jun 30, 2023 | $1.7B | +3.1% |
| Sep 30, 2023 | $1.7B | +4.1% |
Revenue performance
The reported revenue moved higher, reflecting growth in total revenues from the prior quarter. The year-over-year comparison also showed a positive performance.
Quarterly comparison
When compared with the immediately preceding quarter, revenue posted a modest increase. Against the same quarter one year earlier, the growth rate was stronger, indicating a sustained upward trajectory.
What to watch
The year-over-year revenue growth rate improved from the prior quarter, while the sequential increase was modest, suggesting the pace of expansion may be leveling.