YU
YUM
Quarter ended Dec 31, 2023 · FY2023 Q4

Yum! Brands (YUM) Revenue — Quarter Ended Dec 31, 2023

Revenue for the quarter increased compared with the prior quarter, and also rose slightly relative to the same period a year earlier. The reported growth reflects a continuation of the upward trend seen in recent quarters.

Key takeaway

Quarter ended Dec 31, 2023 · FY2023 Q4

Revenue for the quarter increased compared with the prior quarter, and also rose slightly relative to the same period a year earlier. The reported growth reflects a continuation of the upward trend seen in recent quarters.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$2B

Revenue reported for this quarter.

Quarter-over-quarter

+19.2%

Change from the immediately preceding quarter.

Year-over-year

+0.8%

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 endedRevenueYear-over-year change
Mar 31, 2023$1.6B+6.3%
Jun 30, 2023$1.7B+3.1%
Sep 30, 2023$1.7B+4.1%
Dec 31, 2023$2B+0.8%

Revenue performance

The reported revenue showed a positive direction, with a notable increase from the immediately preceding quarter.

Quarterly comparison

Compared with the prior quarter, revenue was higher; versus the same quarter one year ago, it was modestly higher.

What to watch

The filing disclosed a consolidated net leverage ratio of over four times EBITDA, which may warrant attention in light of the revenue performance.

Yum! Brands (YUM) Revenue — Quarter Ended Dec 31, 2023